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The General Services Administration (GSA) is lowering the mileage reimbursement rate 44.5 cents per mile for 2006. This rate is retroactive for all official travel performed on or after Jan. 1, 2006. The change will be published in the Federal Register Friday, January 6, 2006 according to GSA.
The rate change notice follows a December announcement from the Internal Revenue Service (IRS) saying the rate would drop 4 cents per mile on January 1, 2006. GSA's reimbursement rate generally matches the annual rate established by the IRS and by law (41 CRF part 301-10) cannot be higher than the IRS rate.
The 44.5-cent rate will cover only automobiles. GSA is still working on updating the rate for airplanes and motorcycles.
GSA Vehicle Reimbursement Rates
2006
$0.445
September-December 2005
$0.485
January-August 2005
$0.405
2004
$0.375
Source:General Services Administration
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