Federal Travel Regulation; Privately Owned Vehicle Mileage Reimbursement; Report to Congress on the Costs of Operating Privately Owned Vehicles; Final Rule and Notice GENERAL SERVICES ADMINISTRATION

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This final rule amends the Federal Travel Regulation (FTR) to implement provisions of the Treasury, Postal Service, and General Government Appropriations Act for Fiscal Year 1995 (Pub. L. 103-329, September 30, 1994). The Act eliminates the fixed statutory ceilings on mileage reimbursement rates for advantageous use of a privately owned vehicle (POV) on official business travel, and allows the Administrator of General Services to establish the rates based on cost investigations. This amendment is intended to provide equitable reimbursement to a Federal employee for advantageous use of a POV on official business travel by increasing the mileage reimbursement rates to reflect current costs per mile of operating a POV; and by increasing the mileage reimbursement rates for use of a POV in lieu of a Government-furnished vehicle (GFV) to reflect current costs to an agency of operating a GFV.