HI HB2235

Establishes a general excise tax (GET) exemption for gross proceeds from medical services provided by qualified physicians to Medicaid or Medicare patients.

Defines "qualified physician" as: (1) a physician or osteopathic physician licensed under Hawaii chapter 453; (2) a qualified out-of-state physician currently licensed in their state of residence; or (3) a commissioned medical officer in the U.S. Army, Navy, Marine Corps, or Public Health Service performing official duties.

Applies to taxable years beginning after July 1, 2050 and ending before January 1, 2022 (note: the effective date contains an apparent drafting error with 2050 preceding 2021).

Amends Chapter 237 of the Hawaii Revised Statutes by adding a new section to exclude qualifying medical services from the measure of state taxes.