(NASHVILLE) — With the beginning of a new school year right around the corner, State Representative John Holsclaw (R-Elizabethton) is encouraging the families who live in House District 4 to utilize the state’s annual sales tax holiday to save on items such as clothing, school and art supplies, as well as computer purchases.
The state’s annual Tax Free Weekend is set for July 27-July 29. It begins at 12:01 a.m. on Friday, July 27 and ends at 11:59 p.m. on Sunday, July 29. This holiday was established by the Tennessee General Assembly in 2006 and has been held every year since; tax-free purchases include clothing valued at $100 or less, school or art supplies costing $100 or less, and computers priced at $1,500 or less.
“Our annual sales tax holiday is another way we are helping the citizens of our community meet their family’s growing needs while also saving Tennesseans more of their hard-earned money,” said Representative Holsclaw. “This event also supports our local businesses and sparks the economy right here in Union and Carter Counties.”
Since 2011, House Republicans have cut more than $800 million in taxes in an effort to put more money back into the pockets of hardworking citizens. These include completely phasing out the inheritance tax, eliminating the gift tax, raising the exemption level on the Hall tax and scheduling its complete phase out over the next 2.5 years, reducing the sales tax on groceries by almost 30 percent, reducing taxes on Tennessee’s manufacturers in order to recruit new industry to our state, and lowering the amount of property tax owed by veterans, the disabled, and the elderly.
“The cost of school supplies can truly restrict a family’s budget,” Representative Holsclaw continued. “It is my hope that this opportunity will give our families a little more financial flexibility moving forward.”
For more information about the state’s annual Tax Free Weekend, please visit: https://www.tn.gov/revenue/taxes/sales-and-use-tax/sales-tax-holiday.html
John Holsclaw serves as Chairman of the House Business & Utilities Subcommittee. He is also a member of the House Business & Utilities, House Health and House Rules Committees. Holsclaw lives in Elizabethton and represents House District 4, which includes Unicoi and part of Carter Counties. He can be reached by email at [email protected] or by calling (615) 741-7450.