A bill to amend the Internal Revenue Code of 1954 to permit a parent who supports a handicapped child to take a personal exemption for that child, even through the child earns more than $750.

Permits a parent who supports a handicapped child to take a personal tax exemption for that child under the Internal Revenue Code. Provides that such exemption shall not be allowed if the gross income of the child for the taxable year is $6,000 or more. (Amends 26 U.S.C. 151(e)(i)(B))