A bill to amend the Internal Revenue Code of 1954 to provide an income tax credit for any individual who performs voluntary service for any organization engaged in the treatment, care, or rehabilitation of the physically handicapped or the mentally ill.

Amends the Internal Revenue Code to allow individuals an income tax credit for volunteer work performed for non-profit organizations engaged in the treatment, care, or rehabilitation of the physically handicapped or mentally ill. Provides that the credit shall be allowed individuals who have worked at least 50 hours over the year providing such service. Defines the allowable credit as 70 percent of the product of the number of hours worked multiplied by $2, or the applicable minimum wage, if any, for the service performed. Limits the credit to $750, or $1,500 in the case of a joint return.