SB 89

Under this bill, annually, for the two-day period beginning on the first

Saturday in August and ending on the following Sunday, the sales of the following

items are exempt from the sales tax and the use tax:

1. An item of clothing, not including clothing accessories, if the sales price of

any single item is no more than $75.

2. A computer purchased by the consumer for the consumer's personal use, if

the sales price of the computer is no more than $2,000.

3. School computer supplies, if the sales price of any single item is no more than

$250.

4. School instructional materials, if the sales price of any single item is no more

than $300.

5. School supplies, if the sales price of any single item is no more than $75.

The bill also provides that, annually, for the two-day period beginning on the

first Saturday in November and ending on the following Sunday, the sales of Energy

Star products purchased by a consumer for the consumer's personal use are exempt

from the sales tax and the use tax.

The bill provides, however, that the exemptions for August and November do

not apply in any year in which the Department of Revenue determines, by May 1,

that the state's financial situation would make implementation of the exemptions

imprudent.

Because this bill relates to an exemption from state or local taxes, it may be

referred to the Joint Survey Committee on Tax Exemptions for a report to be printed

as an appendix to the bill.