News
Ohio Bill Would Make 3-Day Sales Tax Holiday an Annual Event
< < Back to ohio-bill-would-make-3-day-sales-tax-holiday-an-annual-eventUPDATE 3:26 p.m.
COLUMBUS, Ohio (AP) – Shoppers in Ohio could get a three-day break from the state’s sales tax this summer under a bill passed by the state Senate.
The bill had initially sought to make the sales tax holiday a yearly occurrence. Sponsoring Sen. Kevin Bacon said the bill was changed Tuesday to make it a one-year pilot at the request of the state’s taxation department.
The bill passed on a 31-1 vote Tuesday.
Ohio had its first-ever sales tax holiday last August to help back-to-school shoppers reduce the cost of clothing and school supplies. The holiday would apply to clothing items that cost $75 or less and to classroom supplies and instructional materials that cost $20 or less. Such items include book bags, textbooks, notebooks and pencils.
The tax-exempt period would cover Aug. 5-7.
COLUMBUS, Ohio (AP) – An Ohio proposal seeks to make a three-day break from the state’s sales tax an annual occurrence.
The state had its first-ever sales tax holiday last August to help back-to-school shoppers reduce the cost of clothing and school supplies.
A bill slated for a Senate committee’s vote Tuesday morning would make the three-day tax holiday permanent. Should it clear the committee, the full Senate could vote as soon as Tuesday afternoon.
The holiday would apply to clothing and footwear items that cost $75 or less and to classroom supplies and instructional materials that cost $20 or less. Such items include book bags, textbooks, notebooks, pens and pencils.
Items priced higher than the limits aren’t eligible for the tax savings. The tax-exempt period would begin on the first Friday of August.