Back To School And Disaster Sales Tax Holidays To Return In 2020
April 9, 2020
Florida Gov. Ron DeSantis has signed a tax cut bill allowing for a back to school and a disaster preparedness sales tax holiday for 2020.
It’s estimated that the sales tax holiday will cost the state about $37 million in revenue and local governments will take an $11 million cut.
The disaster preparedness holiday will be May 29 to June 4 with items such as flashlights under $20, portable radios under $50, tarps under $50, ground anchor systems or tie-down kits under $50, gas or diesel containers under $25, batteries under $30, coolers under $30, generators under $750 and reusable ice packs under $10.
The schools sales holiday August 7-9 includes clothing and shoes under $60 per item; backpacks, handbags and wallets, under $60 per item; school supplies priced $15 or less per item and computers and accessories under $1,000.
“These programs are needed now more than ever,” said Scott Shalley, president and CEO of the Florida Retail Federation. “Not only do these important tax-free holidays provide relief to consumers buying necessities, but they will inject a shot of adrenaline into Florida’s retail businesses after suffering through the COVID-19 pandemic and forced closures. Thank you to the Florida Legislature and Governor DeSantis for delivering this tax relief.”
Comments
One Response to “Back To School And Disaster Sales Tax Holidays To Return In 2020”
If folks don’t get back to work soon, who the hell will have the money to take advantage of these “tax holidays”?