Access Technology Affordability Act of 2023

Hozzl · 2024-03-14T10:09:27Z

Explore the details of Senate Bill 1467 Access Technology Affordability Act of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

3/14/2024, 10:09 AM

Summary of Bill S 1467

Bill 118 s 1467, also known as the Access Technology Affordability Act of 2023, aims to make technology more accessible and affordable for individuals with disabilities. The bill focuses on providing financial assistance to help individuals purchase assistive technology devices, such as screen readers, speech recognition software, and braille displays.

The bill outlines eligibility criteria for individuals to receive financial assistance, including income requirements and proof of disability. It also establishes a grant program to assist states in providing access technology to individuals in need.

Additionally, the bill includes provisions to promote research and development of new assistive technology devices, as well as measures to ensure that technology companies are designing products with accessibility in mind. Overall, the Access Technology Affordability Act of 2023 seeks to improve the quality of life for individuals with disabilities by increasing access to affordable assistive technology devices.

Congressional Summary of S 1467

Access Technology Affordability Act of 2023

This bill allows a refundable tax credit equal to the amounts paid for qualified access technology for use by a blind individual who is the taxpayer, the taxpayer's spouse, or a dependent of the taxpayer. Qualified access technology is hardware, software, or other information technology with the primary function of converting or adapting information that is visually represented into forms or formats usable by blind individuals.

The credit is limited to (1) costs that are not compensated by insurance or otherwise, and (2) an aggregate amount of $2,000 per blind individual in any period of three consecutive taxable years. The credit must be adjusted for inflation after 2024 and terminates after 2028.

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Current Status of Bill S 1467

Bill S 1467 is currently in the status of Bill Introduced since May 4, 2023. Bill S 1467 was introduced during Congress 118 and was introduced to the Senate on May 4, 2023. Bill S 1467's most recent activity was Read twice and referred to the Committee on Finance. as of May 4, 2023

Bipartisan Support of Bill S 1467

Total Number of Sponsors

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Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill S 1467

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 1467

Access Technology Affordability Act of 2023

A bill to amend the Internal Revenue Code of 1986 to allow a refundable tax credit against income tax for the purchase of qualified access technology for the blind.