Bill > HF692

This bill establishes an annual tax holiday period for the seven days prior to Labor Day, during which school supplies with a value of $50 or less per item are exempt from sales tax in Minnesota. The bill defines "school supplies" to include common school items like pencils, pens, paper, textbooks, and backpacks, but excludes items not primarily used for schoolwork, such as stationery and camping backpacks. This provision is effective for sales and purchases made after June 30, 2021.