Hearing Aid Tax Credit Introduced In The Senate
On November 13, 2013 Senators Harkin (D-IA) and Heller (R-NV) introduced the Hearing Aid Assistance Tax Credit Act, S. 1694, in the Senate. This legislation provides a non-refundable $500 tax credit for the purchase of a hearing aid, or $1,000 if two are needed, once every five years. The legislation is not intended to cover the full cost of hearing aids, but to provide some measure of financial assistance to those who have the greatest need for these devices but are unable to afford them.
This legislation was introduced in the House of Representatives (H.R. 1317) on March 31st, 2013 by Representative Tom Latham (R-IA-3). It currently has 24 cosponsors.