Bill

Bill > HF714


MN HF714

MN HF714
School supplies sales tax holiday provided.


summary

Introduced
02/13/2025
In Committee
02/13/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to taxes; sales and use; providing for a sales tax holiday on school supplies; amending Minnesota Statutes 2024, section 297A.67, by adding a subdivision.

AI Summary

This bill establishes a seven-day sales tax holiday in Minnesota from July 31 at 12:01 a.m. to August 6 at 11:59 p.m., during which certain school-related items will be exempt from sales tax. Specifically, the tax exemption applies to book bags priced at $60 or less and school supplies priced at $15 or less per item. The bill provides an extensive list of qualifying school supplies, which includes common items such as binders, calculators, notebooks, pencils, pens, rulers, scissors, and many other educational materials typically used by students. The tax holiday is designed to help families save money on back-to-school purchases by temporarily removing sales tax on these essential items. The provision will become effective for sales and purchases made after June 30, 2025, giving retailers and consumers advance notice of the upcoming tax holiday.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Introduction and first reading, referred to Taxes (on 02/13/2025)

bill text


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