House approves expanding sales tax holiday
Parents would not have to pay sales tax on school supplies this fall under a bill approved today by House members.
Senate Bill 1149 would expand the state’s back to school sales tax holiday to include school supplies, school art supplies and school instructional materials. The exemption would be limited to items costing less than $100.
The legislation is estimated to save parents about $17 million annually once fully implemented, according to House staff.
“Parents should be able to buy basic school necessities like paper and pencils for their children without having to worry about additional taxes adding to the cost,” said Rep. Don Armes, R-Faxon, the House author of the measure. “As gas prices soar and health care costs increase annually, parents are feeling the financial pinch. This bill will give them some relief when it comes to getting their children ready for a new school year.”
The back-to-school sales tax holiday already includes a sales tax exemption for school clothes.
House members today voted for the bill, 83-13. It goes back to the Senate.
The purpose of the sales tax holiday is to counter similar tax breaks under way in Texas.
- Michael McNutt, Capitol Bureau
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