Bill > S1911

This bill establishes a tax credit for the purchase of qualified hearing aids. The credit is available to taxpayers aged 55 or older, taxpayers who provide more than half the annual support for an individual with a disability that requires a hearing aid, or taxpayers who are themselves individuals with a disability that requires a hearing aid. The maximum credit amount is $1,500 per year, and taxpayers must elect to claim the credit for a given tax year. The credit is intended to help make hearing aids more affordable for individuals who need them.