AUSTIN – Shoppers will save more than ever before during the annual sales tax holiday — which now includes more than two dozen school supply items in addition to clothing and backpacks.
Families will save an estimated $65.7 million in state and local sales taxes, according to Texas Comptroller Susan Combs.
The annual sales tax holiday weekend is this Friday through Sunday, August 21-23. State law designates the weekend of the third Friday in August for the sales tax holiday.
“Most families are on tight budgets and it can be a real challenge to buy kids the clothes and supplies they need for a new school year,” Combs said. “To help out, the Legislature has added many school supplies to the list of tax-free items during the sales tax holiday.; The tax break on school supplies alone will save families nearly $9 million in state and local sales taxes this year.”
The sales tax holiday covers school supplies, school backpacks and most children’s and adults’ clothing and shoes priced less than $100. Lists of tax-free clothing and school supplies can be found at www.txtaxholiday.org
The annual August tax-free shopping spree has saved shoppers around $442 million since 1999.
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