Florida Back To School Sales Tax Holiday Aug 12 - 14

By: Joe Moore Email
By: Joe Moore Email

Merchants say a back-to-school sales tax "holiday" signed into law by Gov. Rick Scott will boost the state's treasury as well as their businesses.

Rick McAllister, president and CEO of the Florida Retail Federation said Wednesday that he expects state revenues to increase based on a study of a similar three-day tax holiday last year.

Scott signed the legislation into law on Tuesday.

From Aug. 12 through 14, no sales tax will be charged for clothing items priced up to $75 and school supplies up to $15.

That's expected to reduce state tax revenues by $25.6 million.

The study, though, showed the state collected an extra $7 million in tax revenue because consumers attracted to stores by the tax break also spent more on taxable items during those three days.

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  • by Anna Location: Panama City on Jun 2, 2011 at 09:08 AM
    Because Bay county starts earlier than all others in the state we just get the wrong end of the stick on this one. I guess everyone could buy just the bare minimum then wait a few days to get the rest.
  • by kim Location: panama city on Jun 1, 2011 at 11:37 AM
    I love the idea of school tax break. But why does it happen after school start?
  • by Sherry Location: PC on Jun 1, 2011 at 11:33 AM
    It would be better if the tax free sales is before school starts instead of after school starts
  • by Patricia Location: Panama City on Jun 1, 2011 at 10:06 AM
    It is great to be able to utilize the sales tax break for back to school but it would be much nicer if it would take place before school actually starts. School starts on August 10th this year. Tax break is from August 12 - 14 and you have to start school with supplies and new clothing.
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