Expands general excise tax exemption to licensed optometrists, audiologists, and chiropractors.

This bill amends Hawaii's general excise tax law to expand the exemption to include licensed optometrists, audiologists, and chiropractors. The exemption applies to amounts received for healthcare-related goods or services under the Medicare, Medicaid, or TRICARE programs. This change aims to encourage cost-effective patient outcomes by aligning the tax exemption with the services provided by these licensed professionals. The bill also includes definitions for terms such as "Medicare," "Medicaid," and "TRICARE.

Expands general excise tax exemption to licensed optometrists, audiologists, and chiropractors.

This bill amends Hawaii's general excise tax law to expand the exemption to include licensed optometrists, audiologists, and chiropractors. The exemption applies to amounts received for healthcare-related goods or services under the Medicare, Medicaid, or TRICARE programs. This change aims to encourage cost-effective patient outcomes by aligning the tax exemption with the services provided by these licensed professionals. The bill also includes definitions for terms such as "Medicare," "Medicaid," and "TRICARE.