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Disability Employment Incentive Act
12/30/2022, 5:32 PM
Summary of Bill HR 3765
The bill also includes provisions for training programs and support services to help individuals with disabilities succeed in the workplace. These programs would be funded through grants and partnerships with organizations that specialize in disability employment services.
Supporters of the bill argue that it will help reduce barriers to employment for individuals with disabilities and promote economic independence. They believe that providing incentives for businesses to hire individuals with disabilities will lead to a more diverse and inclusive workforce. Opponents of the bill may argue that it places an undue burden on businesses to provide accommodations for individuals with disabilities. They may also raise concerns about the cost of implementing the tax credit and training programs outlined in the bill. Overall, the Disability Employment Incentive Act seeks to address the challenges faced by individuals with disabilities in finding and maintaining employment. By providing incentives for businesses to hire individuals with disabilities and offering support services, the bill aims to create a more inclusive and diverse workforce.
Congressional Summary of HR 3765
Disability Employment Incentive Act
This bill expands tax credits and deductions that are available for employers who hire and retain employees with disabilities.
The bill expands the work opportunity tax credit to include the hiring of employees who receive Social Security Disability Insurance (SSDI) benefits. For employers who hire vocational rehabilitation referrals, Supplemental Security Income recipients, or SSDI recipients, the bill also (1) increases the amount of wages that may be taken into account for the credit, and (2) allows an additional credit for second-year wages.
With respect to the tax credit for expenditures by eligible small businesses to provide access to disabled individuals, the bill increases the limits that apply to (1) the amount of expenditures that are eligible for the credit, and (2) the gross receipts and full-time employees of eligible small businesses.
The bill also expands the tax deduction for expenditures to remove architectural and transportation barriers to the handicapped and elderly. The bill modifies the deduction to (1) increase the limitation on the amount of the deduction, and (2) allow the deduction to be used for certain improvements in the accessibility of internet or telecommunications services to handicapped and elderly individuals.




