Bill > S2157

This bill creates a sales tax holiday for August 10 and 11, 2024, during which no sales taxes will be collected on nonbusiness sales of tangible personal property, with exceptions for certain items such as telecommunications, tobacco products, motor vehicles, and single items over $2,500. The bill requires the Director of the Department of Revenue to certify the amount of sales tax forgone and report on the distribution of revenues that would have been deposited without the sales tax holiday. The bill will take effect upon passage.

Budget and Finance

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