CS/SB 1456--Sales tax holiday on clothing and school supplies.

The bill provides that no sales and use tax will be collected on sales of books, clothing, wallets, or certain bags having a selling price of $50 or less during the period from 12:01 a.m. August 4, 2007, through midnight, August 13, 2007. The bill also provides that no sales and use tax shall be collected on sales of school supplies having a selling price of $10 per item or less during that same period of time. Approved by the governor, these provisions take effect July 1, 2007. Chapter 2007-144 L.O.F.