FN-Y47U266-1 Page 1 FISCAL NOTE House Bill 51 Committee: Ways and Means Education Sponsor: Representative Margie Wilcox Analyst: Tiffany Weaver Date: 02/06/2024 House Bill 51 as introduced would decrease sales and use tax receipts to the Education Trust Fund by an estimated $3.1 million annually by exempting the gross proceeds of the sale of hearing instruments from sales and use tax. This bill would also decrease receipts to local governments by an undetermined amount dependent on the cost of hearing instruments sold within the locality and the applicable local tax rate.