COLUMBUS – Ohio consumers are about a week away from the second Ohio sales tax holiday, an extension of last year’s first-ever sales tax holiday that saved Ohio consumers $3.3 million in taxes and generated $4.7 million in increased tax revenues for Ohio government.
Legislation passed this year by the Ohio General Assembly, Senate Bill 264 sponsored by State Senator Kevin Bacon, extended last year’s weekend exemption from paying sales tax.
This year’s sales tax holiday runs from Friday, August 5 at 12:00 a.m. until Sunday, August 7 at 11:59 p.m. and applies to clothing and footwear up to $75 per item and school supplies and instructional materials up to $20 per item.
“Ohioans love a sale and last year proved that they really love not having to pay the sales tax as well,” said Gordon Gough, President/CEO of the Ohio Council of Retail Merchants. “Its appeal goes beyond families getting ready to go back to school; it’s something that every Ohio consumer can enjoy, as last year’s event proved definitively.
“We applaud Senator Bacon and his colleagues in the state legislature for extending the holiday to 2016 and we thank Governor John Kasich for signing the bill into law.”
The holiday exempts all purchases of clothing and footwear up to $75 per item and all school materials such as pens, pencils, scissors and paper and instructional materials such as books, workbooks and study guides up to $20 per item. For all eligible items, see http://www.tax.ohio.gov/sales_and_use/salestaxholiday/holidayfaq.aspx.
It covers all retailers, both online and brick and mortar entities, that sell these goods to Ohio residents.