Volunteer drivers individual income subtraction increase provision

This bill increases a tax subtraction for Minnesota taxpayers who volunteer as drivers for charitable organizations. It allows volunteers to subtract mileage reimbursement received from charities that exceeds the IRS standard mileage rate (currently $0.67/mile for 2024), up to a maximum of $2.00 per mile. The provision directly affects volunteer drivers whose charitable organizations reimburse them for mileage beyond the IRS rate. The subtraction applies to taxable years beginning after December 31, 2024, and the dollar amount is adjusted annually per state law.