This bill amends Minnesota Statutes 2024, section 290.0132, subdivision 30, to increase the subtraction for volunteer drivers' mileage reimbursement. The current law's language regarding the subtraction has been modified to allow taxpayers to subtract the amount of mileage reimbursement paid by a charitable organization for their work as volunteer drivers, specifically setting the subtraction to two dollars per mile multiplied by the number of miles driven. The previous limitations based on the mileage rate for charitable services and the standard mileage rate for businesses have been removed.

Additionally, the bill mandates that the commissioner adjust the dollar amount for the subtraction as specified in section 270C.22, with the adjustments applicable for the taxable year 2025. The effective date for these changes will be for taxable years beginning after December 31, 2024.

Statutes affected:
Introduction: 290.0132