Governor Josh Green, M.D., today signed two major pieces of legislation, House Bill (HB) 2404 and Senate Bill (SB) 1035, into law. HB 2404 provides significant tax relief to Hawaiʻi’s working families. The largest income tax cut for working families in the state’s history, HB 2404 makes the tax code more progressive. SB 1035, exempts medical services reimbursed by Medicare, Medicaid, and TRICARE from the state’s General Excise Tax (GET).
Tax Foundation President Tom Yamachika with Governor Josh Green at the June 3, 2024 bill signing ceremony at the Hawaii State Capitol.
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