Sales Tax Holiday Set for First Weekend of August
State Representative Jonathan Dever (R-Madeira) today announced that a sales tax holiday, created through the passage of Senate Bill 264, would be held during the first weekend of August. This year’s sales tax holiday is the second consecutive one held in the state of Ohio.
From Friday, August 5 through Sunday, August 7, certain items will be exempt from state and county sales and use taxes. Clothing items up to $75 each and school supplies or instructional materials up to $20 each will be free of taxes if purchased during this weekend. This includes a variety of items, from pencils and paper to pants and jackets to prepare for the fall.
"I am excited to see the sales tax holiday continue this year," Dever said. "This tax-free weekend allows families to save more of their hard earned money and purchase needed supplies and clothing to ensure their children can be successful in the classroom."
During last year’s weekend of tax-free sales, an extra $4.7 million in consumption was generated, along with saving consumers approximately $3.3 million, according to a study produced by the University of Cincinnati. It is the goal of the state legislature that this year’s sales tax holiday will produce similar results, ultimately saving Ohioans more money during their back-to-school shopping.