# Plain Language Summary: Think DIFFERENTLY Small Business Accessibility Act

This bill makes it easier and more rewarding for small businesses to make their workplaces and services accessible to people with disabilities. Right now, the tax code offers businesses a credit (a reduction in taxes owed) when they spend money on accessibility improvements like wheelchair ramps, accessible bathrooms, assistive technology, or other accommodations. This bill expands that existing tax credit to encourage more businesses to make these changes.

The bill does two main things. First, it increases the maximum amount of money a business can claim as a tax credit from $1 million to $3.5 million. This means if a company spends a lot of money making their workplace or services accessible, they can now get a bigger tax break. Second, it raises the size limit for businesses that can use this credit—currently only companies with 30 or fewer full-time employees qualify, but the bill expands this to companies with up to 100 full-time employees. This opens up the tax credit to more mid-sized businesses that want to invest in accessibility.

The practical effect is that small and medium-sized business owners will have a stronger financial incentive to spend money on accessibility improvements. Whether it's installing elevators, creating accessible parking, buying screen readers for computers, or renovating bathrooms to accommodate wheelchairs, businesses will see a bigger tax benefit for these investments. For people with disabilities, this could mean more accessible workplaces and businesses in their communities. The changes take effect for taxes filed starting in 2024.

Think DIFFERENTLY Small Business Accessibility Act

Molinaro, Marcus J.

Think DIFFERENTLY Small Business Accessibility ActThis bill revises eligibility requirements for the tax credit allowed to small businesses that provide access to disabled individuals. It increases the gross receipts limit for such businesses to $3,500 and the limit on the number of full-time employees such businesses may hire from 30 to 100.&nbsp; &nbsp;