COLUMBUS - State Senator Kevin Bacon (R-Minerva) introduced legislation today that would create the 2017 Ohio Sales Tax Holiday in time for back-to-school shopping in August. The sales tax holiday provides a sales and use tax exemption for customers purchasing certain retail items during the first weekend in August and is intended to boost sales while giving taxpayers a break.
"Renewing Ohio's Sales Tax Holiday will help families as they prepare to send their kids back to school in August," said Senator Bacon. "Tax savings on essential clothing and school items reduces the financial strain on consumers and boosts sales for local businesses."
Since 2015, the widely advertised tax-free shopping period has been praised by both back-to-school shoppers and retailers. Senator Bacon's proposal would require all online and in-store vendors to waive the collection of local and state sales taxes on designated items during the three-day tax holiday.
“The Ohio Sales Tax Holiday has proved to be a win-win for parents, students and businesses alike. It’s important that we renew the tax break again this year to ensure Ohio families benefit from these savings opportunities."
Savings would apply to items of clothing priced at $75 or less, commonly used school supplies—crayons, book bags, pencils, etc.—priced at $20 or less, and school instructional materials like 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.
Ohio was one of 17 states to host a sales tax holiday last year. According to the National Retail Federation, the average family with school-age children planned to spend an estimated $673 on back-to-school supplies and clothing in 2016, or $470 without factoring in the cost of computers and electronics.
Senate Bill 9 will be referred to a Senate standing committee for further consideration.
“Storm chasers in our state exploit Ohioans with shoddy workmanship and deceptive practices,” said Bacon. “Senate Bill 115 will go a long way in cracking down on these contractors.”
“In many cases current law does not allow for prosecution of individuals who intentionally avoid and knowingly violate protection orders,” said Bacon. “This legislation prevents people who knowingly violate protection orders from taking advantage of loopholes in the law.”
"For the last three years we have been able to help families keep more of their hard earned money as they purchase the materials to prepare their children for success in the classroom," said Bacon. "This legislation provides Ohioans the opportunity to save money on essential clothing and school items, reducing the financial strain on families while increasing sales for local businesses."
“I am honored to recognize the commitment and diligence of Warden Ronette Burkes," said Senator Bacon. “It is because of her dedication, compassion and hard work that she was rightly named the Warden of the Year by the Ohio Department of Rehabilitation and Correction.”