Bill > S1608

This bill proposes to create a two-day sales tax holiday weekend in early August each year, during which no sales tax will be applied to most tangible personal property purchased by individuals for non-business use, with exceptions for items like telecommunications, tobacco, utilities, motor vehicles, meals, and any single item costing over $2,500; it also reduces the general sales tax rate from 6.25% to 5% and adjusts the tax calculation for smaller purchases, with these rate changes taking effect on January 1, 2017.