A bill to amend the Internal Revenue Code of 1954 to provide an additional income tax exemption for a taxpayer, his spouse, or his dependent, who is disabled.

Amends the Internal Revenue Code to provide an additional income tax exemption for each taxpayer, spouse, or dependent who has a serious mental or physical disability which can be expected to result in death or be of long-continued or indefinite duration, or who had a physical or mental disability which caused his death during the taxable year. Makes such provision applicable only for individuals who do not qualify for an exemption for blindness.