NY A00570

Allows small businesses with 100 or fewer employees a tax credit of $5,000 per disabled person hired, capped at $25,000 per taxable year.

Requires disabled employees to work at least 35 hours per week and remain employed for 12 months or longer to qualify for the credit.

Permits unused credits to carry forward to each of the five succeeding taxable years but prohibits reducing tax liability below zero.

Defines "disabled person" as someone with a physical, mental, or medical impairment resulting from anatomical, physiological, genetic, or neurological conditions that prevents normal bodily function or is demonstrable by medically accepted diagnostic techniques.

Applies to taxable years beginning on or after January 1, 2015.