TALLAHASSEE (CBSMiami) - If you have kids headed back to school this fall, you're one step closer to getting a break, once again, on the sales tax you'd pay for back to school supplies. The Florida House Wednesday approved an August tax holiday, which now heads to the Florida Senate for action.
The bill establishes a 3 day non-recurring Sales Tax Holiday for the weekend of August 3-5, 2012, exempting from the state sales tax certain clothing priced at $75 or less (employee uniforms, school clothes) and school supplies with a sales price of $15 or less.
The three-day sales tax holiday is expected to cost the state and local governments an estimated $31.8 million.
"In the present Florida economy, our families need every opportunity to save and to stretch their dollars while providing for their children's school readiness," Said Rep. Elizabeth Porter, who sponsored the bill. "The residents of Florida have historically anticipated the State Sales Tax Holiday and have participated in it in great numbers."
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