Establishes annual sales tax holiday every third weekend in August for certain retail sales.
Establishes an annual sales tax holiday every third weekend in August for certain retail sales. The exemption applies to tangible personal property with a sales price of $3,000 or less per item purchased by an individual for personal, nonbusiness use. However, the exemption does not apply to sales of prepared foods, alcoholic beverages, tobacco products, vapor products, cannabis items, and intoxicating hemp beverages. The act takes effect immediately and applies to sales made during exemption periods at least 30 days following the date of enactment.
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