Hawaii HB2391 creates a state sales tax holiday on school supplies and clothing items priced at $100 or less.
Hawaii HB2391 establishes a temporary state sales tax holiday on school supplies and clothing items priced at $100 or less. This tax exemption applies to sales between the last Friday before students' first day of public school and the Sunday immediately following that Friday. The bill aims to alleviate the financial burden on families during the back-to-school season. The exemption does not cover rebates, layaway sales, exchanges, rentals, or taxable services. Businesses must pass any savings from the tax holiday directly to consumers without increasing prices.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.