Scott ups the election-year ante with 10-day tax-free holidayby John Kennedy | January 17th, 2014
With a budget surplus and election year facing him, Gov. Rick Scott said Friday that he is proposing a 10-day back-to-school sales tax holiday this year — upping the three-day tax-exempt periods approved the past four years.
“By creating this holiday, we’ll help Floridians keep more of their money, while helping prepare every Florida student for another school year,” Scott said of his proposal, unveiled before a Florida Chamber of Commerce event in Orlando.
Tax-free items would include clothing valued at less than $100, school supplies costing under $15, and computers and related equipment costing less than $750. The overall value of the tax-free period would be about $60 million, Scott said.
The idea still has to be embraced by the Legislature, which begins the two-month session March 4. But with a $1.1 billion budget surplus, Scott has already mapped out plans to cut motor vehicle fees by $401 million and is likely to propose another increase in public school funding similar to last year’s $1 billion boost.