Following Gov. Ron DeSantis’ approval of a law, a variety of consumer items will be tax-free in Florida in the coming months.
According to NPR, House Bill 7071 will grant 10 sales tax holidays for a variety of commodities such as school supplies, gas, and diapers in reaction to the rising cost of living in the United States of America following the COVID-19 outbreak and the Russian invasion of Ukraine.
“In Florida, we are going to support our residents and help them afford the goods that they need. Florida has been fiscally responsible, so we are in a good position to provide meaningful relief for families, right no,” DeSantis said.
Florida House Speaker Chris Sprowls labelled the move as “the largest middle-class tax relief package in the history of the state.”
What are the 10 tax-free holidays this year?
The 10 holidays will add up to 1.24 billion dollars in tax relief for Floridians. With varying time periods between May 14 and October 31, children’s books, event tickets and recreational equipment, and children’s diapers will all be tax-free.
Purchases for disaster preparedness will too, as well as baby clothes and shoes. Energy star appliances, impact-resistant doors and garage doors are on the list, with these being amongst the biggest savings on offer with these tax-free savings.
Residents can also purchase cheaper school supplies like clothing, shoes, and backpacks, in addition to tools and other home improvement items.