Tallahassee, Fla. —
Today the Florida House passed CS/HB 737 Tax on Sales, Use, and Other Transactions by State Representative Elizabeth Porter (R-Lake City). The bill establishes a 3 day non-recurring Sales Tax Holiday for the weekend of August 3-5, 2012, exempting from the state sales tax certain clothing priced at $75 or less (employee uniforms, school clothes) and school supplies with a sales price of $15 or less.
"In the present Florida economy, our families need every opportunity to save and to stretch their dollars while providing for their children's school readiness. The residents of Florida have historically anticipated the State Sales Tax Holiday and have participated in it in great numbers. I am proud to be able to sponsor this year's legislation once again, in order to give back to the taxpayers of the State of Florida," stated Representative Porter.
According to the Florida Retail Federation, the Washington Economics Group study from 2010 shows that the Back-to-School Sales Tax Holiday is a true win-win for Floridians, stating this legislation saves money for Florida’s hardworking families and additionally increases revenue for the state.
It is anticipated that CS/HB 737 will be included in this session’s Legislative Budget Conference.
Local News
Florida House passes 2012 Sales Tax Holiday
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SHS
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