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Senate President Keith Faber
Faber Announces
Return of Ohio's Sales Tax Holiday
COLUMBUS - Senate President Keith Faber (R-Celina) today announced the
return of the popular Ohio Sales Tax Holiday for August 5-7, 2016,
providing relief for families during the back-to-school shopping season.
Cosponsored by Senator Faber, Senate Bill 264 allows Ohio's families to
save on back-to-school supplies by providing a sales and use tax
exemption for customers purchasing certain retail items during the
first weekend in August. Governor Kasich signed the legislation last
week reestablishing the event, widely hailed as successful in its
inaugural effort last year.
"Ohio's Sales Tax Holiday will once again assist families as they send
their children back to school," said Faber. "This provides an
opportunity for families to keep more of their hard earned money while
boosting sales for local retailers."
In 2015, the tax-free shopping period was praised by both
back-to-school shoppers and retailers. The legislation also requires
all online vendors to waive the collection of local and state sales
taxes on designated items during the three-day tax holiday.
Savings would apply to items of clothing priced at $75 or less, school
supplies priced at $20 or less, and school instructional materials,
including textbooks and workbooks priced at $20 or less. The price
limits apply per item, so consumers can buy as many tax-exempt items
under the price limit as they wish, either online or in stores.
Ohioans saved approximately $3.3 million on back-to-school items last
year during the three-day period and statewide retail sales increased
by 6.48 percent during August 2015. Counties along state lines, on
average, experienced nearly 11 percent higher increases in county sales
tax collections in August compared to the state average.
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