HI HB623

Exempts food and food ingredients from Hawaii's general excise tax, with exceptions for prepared foods, soft drinks, alcoholic beverages, tobacco, and vending machine sales.

Exempts medical services provided by licensed hospitals, clinics, and healthcare professionals regulated under specified Hawaii chapters from the general excise tax.

Defines "prepared food" to include heated foods, foods sold with eating utensils, and mixed ingredients, but excludes unheated single-item foods and bakery items like bread, rolls, and pastries.

Provides specific exemptions for certain prepared meals served to seniors, disabled individuals, homeless persons, and residents of shelters for battered women and children.

Takes effect upon approval and applies to taxable years beginning after December 31, 2023.