Tax Credit for Mobility Devices
This bill introduces a new tax credit allowing individuals to recover a portion of expenses for mobility devices like wheelchairs and crutches. It aims to ease the financial burden on those needing these devices, improving their daily lives and independence.
Key points
Allows a 50% refundable tax credit for qualified mobility device expenses, including wheelchairs, walkers, crutches, and braces.
The credit is limited to a maximum of three devices per taxpayer per year.
The changes will apply to expenses paid or incurred after the bill becomes law.
Status:
Introduced
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