Illinois Mileage Reimbursement 2024. According to the illinois wage payment and collection act, illinois is one of three states that require companies to reimburse their employee’s mileage. Illinois mileage reimbursement law operates at the state level, meaning it specifically pertains to businesses and employees operating within the state of illinois.
While there is no federal law that requires employers to provide mileage reimbursement, 3 states have enacted laws. Calculating your car allowance or mileage rate for 2024.
While There Is No Federal Law That Requires Employers To Provide Mileage Reimbursement, 3 States Have Enacted Laws.
As you calculate your company car allowance or mileage rate for 2024, keep in mind the following three.
According To The Illinois Wage Payment And Collection Act, Illinois Is One Of Three States That Require Companies To Reimburse Their Employee’s Mileage.
Download our free illinois mileage compliance guidebook.
1, 2024, The Standard Mileage Rates For The Use Of A Car (Also Vans, Pickups Or Panel Trucks) Will Be:
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Effective January 1, 2024, The Mileage Reimbursement Rate For Employees Using Private Passenger Vehicles For University Business Will Increase From 65.5 Cents.
Illinois mileage reimbursement law operates at the state level, meaning it specifically pertains to businesses and employees operating within the state of illinois.
In Sum, The State Of Illinois’ Mileage Reimbursement Rate For The Use Of Personal Vehicles Will Increase From 62.5 Cents Per Mile To 65.5 Cents Per Mile Effective.
What is the illinois mileage reimbursement.
