- Committee -

SCS/SB 11 - This act creates a state and local sales tax holiday for items of clothing (costing no more than $100 each), school supplies (costing no more than $50 per purchase) and personal computers (costing no more that $2000 each) sold during a three-day weekend in August. Individual political subdivisions may, by ordinance, opt their local sales taxes out of the holiday exemption. A joint legislative committee is created to study and review the effect of the sales tax holiday and to report their findings and recommendations to the General Assembly by January 8, 2005.

The act has an emergency clause and a sunset date of July 1, 2005.

This act is similar to SB 894 (2002).