Back-to-school shoppers to get three days of cheap-stuff savings in Augustby Dara Kam | May 26th, 2010
Florida shoppers won’t have to pay taxes on clothes, shoes, books and some other stuff that costs less than $50 or school supplies like notebooks and pens less than $10 for three days in August.
Gov. Charlie Crist signed the Aug. 13-15 tax-free holiday (HB 483) into law today, reviving the popular shopping savings lawmakers nixed for the past two years because of the state’s anemic tax collections.
This year’s tax holiday – a slimmed-down version of 2007′s 10-day savings schedule – is expected to cost the state $21.3 million and local governments nearly $5 million, according to a legislative staff analysis.
Items in the tax-free shopping basket, initiated in 2009, include backpacks, diaper bags, wallets and purses but not briefcases or luggage.