The 14th annual weekend of savings gives Tennessean’s the ability to purchase clothing, school and art supplies tax free if they’re under $100 per item, and tax exemption on computers with a purchase price below $1,500. The holiday begins on Friday, July 25, at 12:01 a.m. and runs through Sunday, July 28, at 11:59 p.m.
In separate statements, State Sen. Rusty Crowe (R-Johnson City), who sponsored the bill in 2005, and the National Federation of Independent Business urged consumers to, not only take advantage of the savings, but to support small and local business as well.
“It’s big for (small businesses) to be in front of customers as much as possible because it’s becoming increasingly harder to get ahead of big box retailers,” Jim Brown, state director of NFIB, said
“We hope that people will do their back-to-school shopping this weekend at small, locally-owned businesses," Brown said in a statement. "Small business is the engine that drives Tennessee's economy, so when you help small businesses, you help everybody."
“The savings benefit people of all ages,” Crowe said in a press release. “I urge all citizens to take advantage of the Sales Tax Holiday and very much encourage consumers to shop at our local businesses to support our local business community."
Crowe also noted that the savings extend beyond schoolchildren, but to anyone making purchases on clothing, electronics or art supplies.
“The sales tax relief savings, however, are not just for students,” Crowe said. “The holiday applies to consumers of any age with tax-exempt clothing purchases and other items like home computers.”
Crowe added that, according to the Tennessee Department of Revenue, Tennesseans will save about $10 million in taxes state-wide during the three-day weekend, with Crowe calling the savings “very beneficial.”
Johnson City Schools return to session on Aug. 5, and their recommended list of supplies for the year can be found at http://www.jcschools.org/index.php?option=com_content&view=article&id=154&catid=13&Itemid=111. For more information on Tennessee’s tax free holiday, go to www.tntaxholiday.com.