Illinois Mileage Rate 2024. The irs sets a standard mileage rate each year to simplify mileage reimbursement. Effective january 1, 2024, the mileage reimbursement rate for employees using private passenger vehicles for university business will increase from 65.5 cents per mile to 67.
Illinois employers can adopt this mileage reimbursement rate, providing a fair and consistent method that. Effective january 1, 2024, state travel reimbursement rates for lodging and mileage for automobile travel, as well as allowances for meals, shall be set at the maximum rates established by the federal government for travel expenses, subsistence expenses, and.