Stuart proposes sales tax holiday

EDWARDSVILLE – State Rep. Katie Stuart, D-Edwardsville, has introduced legislation to lower the sales tax on clothing and school supplies for a designated week in August.

“The cost of school supplies can be significant for families with multiple children, as well as for teachers who often spend their own money on classroom materials,” said Stuart. “My bill would make school supplies more affordable by creating a sales tax holiday for certain items, helping ensure students have what they need to learn.”

House Bill 603 would temporarily lower the sales tax on clothing and school supplies from 6.25% to 1.25% during the week of Aug. 1, 2021. While helping families save money as they get ready for the upcoming school year, all Illinois shoppers would be eligible for the savings.

“As families look forward to what’s hopefully a more normal school year this fall, my bill will help them save on back-to-school expenses,” said Stuart. “It will also put more money back into our local economy by encouraging residents to shop in the Metro East rather than Missouri, which has a similar tax break already in place.”

via Alton Telegraph

March 25, 2021 at 05:31PM