On November 13th, 2013, Senators Tom Harkin (D-IA) and Dean Heller (R-NV) reintroduced the Hearing Aid Tax Credit bill. The bi-partisan bill would provide a $500 tax cut per-device for people of all ages who need hearing technology.
This bill comes on the heels of a similar proposal that was introduced by Representatives Tom Latham (R-IA) and Carolyn McCarthy (D-NY) of the House of Representatives in February. Recorded as H.R. 1317, this bill also called for a $500 tax credit per device.
This reintroduction to championing hearing health issues stems from the Hearing on the Hill event that took place in Washington D.C. earlier this year. Organized by the Hearing Industries Association (HIA) and the Hearing Loss Association of America (HLAA), the lobbying event was attended by representatives from some of the most influential organizations in the hearing healthcare industry, including EarQ. The national network of hearing healthcare providers joined HIA earlier this year.
Supporters of the tax credit bill are encouraged to contact one of their state’s Senators to encourage them to favor the bill when Congress considers it, along with other proposed amendments to the tax code. To contact one of your Senators and to learn more about the bill, visit www.hearingaidtaxcredit.org.