Sales Tax Holiday Offers Best Savings Ever for Budget Conscious Families

(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, Texas Comptroller Susan Combs said today.

The annual sales tax holiday weekend is coming up Aug. 21–23. State law desig- nates 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 taxfree shopping spree has saved shoppers around $442 million since it began in 1999.