Bill > HB1996

This bill amends existing Hawaii law to exempt gross receipts from the sale of hearing aids from the general excise tax when those sales are made by specific healthcare providers, including hospitals, medical clinics, pharmacies, and licensed practitioners. The general excise tax is a tax on the gross income or gross proceeds of most businesses in Hawaii. This exemption is being added to a section of law that already lists other types of income that are not subject to this tax. The bill also clarifies that "hearing aid" will have the same definition as provided in another section of state law, and it specifies that this exemption applies to sales of hearing aids, not the services involved in selling them. The effective date for this change is July 1, 3000.