RELATING TO TAXATION.

SB 377 would exempt medical services - including doctor visits, hospital care, and related health treatments - from the general excise tax, a tax currently applied to many services in the state. This change would directly affect patients receiving medical care (reducing their out-of-pocket costs) and healthcare providers (who would no longer collect or remit this tax on medical services). The key provision removes the tax requirement specifically for medical services, making them tax-free while leaving other services subject to the tax. The bill is currently pending committee review after introduction in January 2025.