HR 915 IH
107th CONGRESS
1st Session
H. R. 915
To amend the Internal Revenue Code of 1986 to provide a tax credit
for modifications to intercity buses required under the Americans with
Disabilities Act of 1990.
IN THE HOUSE OF REPRESENTATIVES
March 7, 2001
Mr. FOLEY (for himself, Mr. NEAL of Massachusetts, Mr. ENGLISH, Mr.
KANJORSKI, Mr. CAMP, Mr. ARMEY, Mr. MCGOVERN, and Mr. FROST) introduced the
following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to provide a tax credit
for modifications to intercity buses required under the Americans with
Disabilities Act of 1990.
Be it enacted by the Senate and House of Representatives of the United
States of America in Congress assembled,
SECTION 1. CREDIT FOR MODIFICATIONS TO INTERCITY BUSES REQUIRED UNDER THE
AMERICANS WITH DISABILITIES ACT OF 1990.
(a) IN GENERAL- Subsection (a) of section 44 of the Internal Revenue Code
of 1986 (relating to expenditures to provide access to disabled individuals)
is amended to read as follows:
`(a) GENERAL RULE- For purposes of section 38, the amount of the disabled
access credit determined under this section for any taxable year shall be an
amount equal to the sum of--
`(1) in the case of an eligible small business, 50 percent of so much of
the eligible access expenditures for the taxable year as exceed $250 but do
not exceed $10,250, and
`(2) 50 percent of so much of the eligible bus access expenditures for
the taxable year with respect to each eligible bus as exceed $250 but do not
exceed $35,250.'.
(b) ELIGIBLE BUS ACCESS EXPENDITURES- Section 44 of the Internal Revenue
Code of 1986 is amended by redesignating subsections (d) and (e) as
subsections (e) and (f), respectively, and by inserting after subsection (c)
the following new subsection:
`(d) ELIGIBLE BUS ACCESS EXPENDITURES- For purposes of this section--
`(1) IN GENERAL- The term `eligible bus access expenditures' means
amounts paid or incurred by the taxpayer for the purpose of enabling an
eligible bus to comply with applicable requirements under the Americans With
Disabilities Act of 1990 (as in effect on the date of the enactment of this
subsection).
`(2) CERTAIN EXPENDITURES NOT INCLUDED- The amount of eligible bus
access expenditures otherwise taken into account under subsection (a)(2)
shall be reduced to the extent that funds for such expenditures are received
under any Federal, State, or local program.
`(3) ELIGIBLE BUS- The term `eligible bus' means any automobile bus used
to furnish (for compensation) passenger land transportation available to the
general public; except that such term shall not include any automobile bus
engaged in furnishing transportation which is not scheduled and not along
regular routes unless the seating capacity of such bus is at least 20 adults
(not including the driver).'.
(c) EFFECTIVE DATE- The amendments made by this section shall apply to
taxable years beginning after December 31, 2001.
END