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Bill > HF2719


MN HF2719

MN HF2719
Sales and use tax provisions modified, and sales tax holiday for purchase of school supplies provided.


summary

Introduced
03/08/2023
In Committee
03/08/2023
Crossed Over
Passed
Dead
05/20/2024

Introduced Session

93rd Legislature 2023-2024

Bill Summary

A bill for an act relating to taxation; sales and use; providing a sales tax holiday for the purchase of school supplies.

AI Summary

This bill proposes a sales tax holiday for the purchase of certain school supplies in Minnesota. It specifies that the sales tax will not be collected on the retail sale of book bags priced at $60 or less, and school supplies priced at $15 or less per item, during the period from August 15 to August 21, 2023. The bill also defines "school supplies" to include a wide range of items commonly used in schools, such as binders, calculators, pens, and notebooks. The bill is intended to provide tax relief for consumers purchasing essential educational items during the back-to-school season.

Committee Categories

Budget and Finance

Sponsors (9)

Last Action

Authors added Hudson; Myers; Zeleznikar (on 05/01/2023)

Taxonomy

Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

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