Bill > S1448

This bill proposes changes to Massachusetts tax laws to provide financial relief for certain medical expenses. Specifically, it establishes a new tax credit for individuals who purchase hearing aids, allowing them to claim a credit equal to 30% of the cost or $400, whichever is less, with a limit of one hearing aid every five years; if this credit reduces their tax liability to zero, they will receive a refund for the excess credit amount. Additionally, the bill expands an existing exemption from sales tax (Chapter 64H is the chapter concerning sales and use tax) to include materials and devices used for monitoring diabetes, such as blood glucose monitoring strips, in addition to insulin, which was already covered.