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Disabled Access Credit Expansion Act of 2021
12/31/2022, 5:05 AM
Summary of Bill HR 4714
The bill proposes to increase the maximum annual credit amount from $5,000 to $30,000, making it more feasible for small businesses to afford necessary accessibility upgrades. It also expands the types of expenses that qualify for the credit, such as costs related to providing accessible parking, signage, and communication devices.
Additionally, the bill includes provisions to streamline the application process for the DAC, making it easier for small businesses to take advantage of the credit. This includes providing guidance and resources to help businesses understand the requirements and navigate the application process. Overall, the Disabled Access Credit Expansion Act of 2021 aims to make it easier for small businesses to improve accessibility for individuals with disabilities, ultimately promoting inclusivity and equal access for all.
Congressional Summary of HR 4714
Disabled Access Credit Expansion Act of 2021
This bill modifies the tax credit allowed to eligible small businesses for expenditures to provide access to disabled individuals to increase (1) the maximum allowable amount of such credit to $20,500, and (2) the limitation on the gross receipts of such businesses to $2.5 million for purposes of determining eligibility for the credit.
The bill directs the Department of Justice (DOD) to carry out an ADA (Americans with Disabilities Act) Mediation Program to facilitate voluntary mediation to resolve disputes arising under the ADA and to provide training for mediators.
DOD must report to Congress on its ADA Information Line (a toll-free line to provide information and materials to the public about ADA requirements).
