Introduced
by
To authorize a use tax “holiday” on the third Saturday in August, during which use tax would not be imposed on purchases of school clothing items that cost less than $100 each, school supply items that cost less than $20 each, and a personal computer that costs up to $1,000. “Use tax” is levied on purchases from out of state vendors at the same 6% rate as the sales tax imposed in-state sales, but the revenue it collects is allocated to different state funds than sales tax.
Referred to the Committee on Tax Policy