With back-to-school shopping season just around the corner for many families, I am pleased to remind you about an opportunity to save a little extra money as your children gear up for another school year. Back by popular demand, the General Assembly has renewed legislation establishing Ohio's Sales Tax Holiday during the first weekend in August.

Earlier this year, the Ohio General Assembly renewed legislation allowing families to take advantage of tax-free savings when purchasing select items beginning Friday, August 5th and running through Sunday, August 7th.

All shoes and clothing priced less than $75 will be exempt from state and local sales and use taxes during this period. School supplies and instructional materials priced at $20 or less will also be tax exempt. Even online vendors will be more affordable, as they will waive local and state sales taxes on designated items during the three-day tax holiday.

Ohio’s Sales Tax Holiday is scheduled to provide optimal savings for parents, families and educators at a time when families must stretch their dollars. This temporary relief from the sales taxes is meant to ease the burden for families and ensure that students have the items necessary to succeed in the classroom.

The first Sales Tax Holiday, held in August of 2015, proved to be an overwhelming success, with Ohioans saving millions and retailers benefitting from substantial boosts in retail sales.

Ohioans saved approximately $3.3 million on back-to-school items during the three-day period last year, resulting in a boost in statewide retail sales of more than 6 percent in August 2015. Counties located along Ohio's border fared even better as stores filled with out-of-state customers taking advantage of the lower in-store prices. Helping consumers to get more for their money benefits families, businesses and most importantly, students.

Click here for more information about Ohio's Sales Tax Holiday, including specifics on which items qualify for savings.

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