A bill to amend the Internal Revenue Code of 1954 to allow a credit against income tax for any business which increases the amount of property and services provided to such business by minority-owned small businesses.

Amends the Internal Revenue Code to allow businesses an income tax credit for 15 percent of the increase in contracts for personal property or services awarded by such businesses to certified minority firms over a specified time period.

Defines "certified minority firm" as a firm certified by the Administrator of the Small Business Administration as being socially or economically disadvantaged.