HB175

Kentucky HB175 establishes a sales and use tax holiday for certain items, exempting them from sales tax during a specified period.

Kentucky HB175 creates a sales and use tax holiday for specific items, exempting them from sales tax during the period from August 6 to August 9, 2026. Eligible property includes clothing, clothing accessories, and equipment, with a maximum exemption price of $200. The bill outlines procedures for layaway sales, exchanges, and returns, ensuring that eligible property remains exempt even if purchased with a rain check or exchanged within the holiday period. The exemption does not apply to items purchased for business use, leases, rentals, or certain other specified items.