Mileage Rate 2024 Oklahoma. A new cafe standard unveiled last march by transportation secretary pete buttigieg requires all vehicles sold in the united states starting in 2024 to average at least 40 miles per gallon and 49 miles per gallon by 2026. (these rates are set by omes and match the federal irs rate.)
The irs bumped up the optional mileage rate to 67 cents a mile in 2024 for business use, up from 65.5 cents for 2023. * airplane nautical miles (nms) should be converted into statute miles (sms) or regular miles when submitting a voucher using the formula (1 nm equals 1.15077945 sms).