Illinois SB1718 creates a temporary sales tax holiday to reduce financial burden on families during back-to-school season.
Illinois SB1718, the Back-to-School Sales Tax Holiday Act, establishes a temporary sales tax holiday to alleviate financial strain on families during the back-to-school season. This act exempts sales tax on eligible merchandise, such as clothing, school supplies, computers, and backpacks, purchased for personal use during a specified holiday period. The holiday period begins at 12:01 a.m. on the first Friday in August and ends at 11:59 p.m. on the following Sunday.
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