Wednesday, May 11, 2011

New Tax Credit Bill Introduced in the Senate

This tax credit legislation is different than the last bill introduced in that it includes EVERYONE and has no restriction for age. Please take the time to encourage your senators to support this!!

---Dr. Rebecca


Hearing Aid Tax Credit Take Action!

Legislation Introduced in the Senate

Senators Tom Harkin (D-IA) and Olympia Snowe (R-ME) have introduced S.905, the Hearing Aid Assistance Tax Credit Act. The legislation provides a tax credit of up to $500 per hearing aid, once every five years for any individual who purchases a hearing aid. Senators Herb Kohl (D-WI), Thad Cochran (R-MS), Tim Johnson (D-SD), Richard Blumenthal (D-CT), Amy Klobuchar (D-MN), and Kristen Gillibrand (D-NY) are all original co-sponsors of this legislation.

The legislation differs from H.R. 1479, which was introduced by Congressman Tom Latham (R-IA) and Carolyn McCarthy (D-NY), which would provide a tax credit of up to $500 per hearing aid every five years for parents purchasing hearing aids for their dependent children or persons over 55 years old. H.R. 1479 also includes a $200,000 annual eligibility income cap.

Please request that your members of Congress co-sponsor these legislative initiatives


You can get more information at: Hearing Aid Tax Credit

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