Minnesota HF714 establishes a sales tax holiday on school supplies and book bags.

Minnesota HF714 amends state statutes to create a sales tax holiday on school supplies and book bags. This holiday exempts from sales tax certain items priced at $15 or less per item and book bags priced at $60 or less. The tax exemption applies during a seven-day period starting at 12:01 a.m. on July 31 and ending at 11:59 p.m. on August 6. The bill becomes effective for sales and purchases made after June 30, 2025.

Minnesota HF714 establishes a sales tax holiday on school supplies and book bags.

Minnesota HF714 amends state statutes to create a sales tax holiday on school supplies and book bags. This holiday exempts from sales tax certain items priced at $15 or less per item and book bags priced at $60 or less. The tax exemption applies during a seven-day period starting at 12:01 a.m. on July 31 and ending at 11:59 p.m. on August 6. The bill becomes effective for sales and purchases made after June 30, 2025.