Peterson promotes savings on back-to-school shopping expenses
State Senator Bob Peterson (R-Washington Court House) is encouraging Ohio families to take advantage of this weekend's sales tax holiday, beginning Friday, Aug. 3 and running until Sunday, Aug. 5. Ohioans are expected to save millions of dollars on back-to-school items during the three-day holiday.
Earlier this year, the Ohio Senate passed Senate Bill 226, co-sponsored by Senator Peterson, to make the sales tax holiday a recurring event every year on the first weekend of August.
"Over the years, the back-to-school sales tax holiday has proven beneficial for both families and small businesses," Peterson said. "I am proud of the work we did earlier this year to ensure this opportunity is available not only this weekend, but for years to come."
The average family with school-age children planned to spend an estimated $673 on back-to-school supplies and clothing in 2016, according to the National Retail Federation.
All shoes and clothing priced less than $75 will be exempt from state and local sales and use taxes during this period. School supplies and instructional materials priced at $20 or less will also be tax exempt. Additionally, online vendors will be more affordable, as they will waive local and state sales taxes on designated items.
For more information about Ohio's Sales Tax Holiday, including specifics on which items qualify for savings, please visit the Ohio Department of Taxation's website at https://www.tax.ohio.gov/sales_and_use/SalesTaxHoliday.aspx.
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