Exempts gross proceeds from the sale of medical services from general excise tax.

Hawaii SB1241 amends Chapter 237 of the Hawaii Revised Statutes to exempt gross proceeds from the sale of medical services from the general excise tax. This exemption applies to services provided by licensed professionals such as physicians, nurses, and other healthcare providers. The bill takes effect after its approval and applies to taxable years beginning after December 31, 2025.

Exempts gross proceeds from the sale of medical services from general excise tax.

Hawaii SB1241 amends Chapter 237 of the Hawaii Revised Statutes to exempt gross proceeds from the sale of medical services from the general excise tax. This exemption applies to services provided by licensed professionals such as physicians, nurses, and other healthcare providers. The bill takes effect after its approval and applies to taxable years beginning after December 31, 2025.