A bill to amend the Internal Revenue Code of 1986 to provide for a tax credit for qualifying disability expenses.
Small Business Disabilities Tax Credit Act of 1989 - Amends the Internal Revenue Code to allow a disability tax credit for qualified expenses to modify existing facilities, equipment, and materials to make them usable by individuals with disabilities and to make other accommodations for disabled persons. Allows a carry forward of excess qualified disability expenses.
Repeals the treatment of expenditures to remove architectural and transportation barriers to the handicapped and elderly as an itemized deduction.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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