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FISCAL NOTE
House Bill 51
Committee: Finance and Taxation EducationSponsor: Representative Margie Wilcox
Analyst: Tiffany Weaver Date: 04/24/2024
House Bill 51 as passed the House of Representatives would decrease sales and use tax receipts
to the Education Trust Fund by an estimated $3.1 million annually, beginning in Fiscal Year
2025, by exempting the gross proceeds of the sale of hearing instruments from sales and use tax.
This bill could also decrease sales and use tax receipts to local governments by an undetermined
amount dependent on the cost of hearing instruments sold within any locality that adopts an
exemption from local sales and use tax, pursuant to this bill, and the applicable local tax rate.