HI SB933

Removes the December 31, 2013 repeal date for the general excise tax exclusion on TRICARE program reimbursements established under Act 70, Session Laws of Hawaii 2009, making the exemption permanent.

Exempts amounts received by TRICARE managed care support contractors for actual costs or advancements to third-party health care providers from Hawaii's state general excise tax.

Affects approximately 150,000 current and former military service members and their family members residing in Hawaii who receive health care through the TRICARE program.

Prevents potential increases in health care service costs for military beneficiaries that would result from subjecting TRICARE program reimbursements to state general excise tax.

Effective July 1, 2050.