What You Need to Know About the Tax-Free Holiday
ATLANTA, Ga. (July 25, 2022) — The state of Georgia no longer participates in the tax-free holiday, but if you have any plans to travel before the school year begins, there are 17 states still participating.
Alabama - July 15-17*
Arkansas - Aug. 6-7
Connecticut - Aug. 21-27
Florida - July 25 - Aug. 7
Iowa - Aug. 5-6
Maryland - Aug. 14-20
Massachusetts - Aug. 13-14
Mississippi - July 29-30
Missouri - Aug. 5-7
New Mexico - Aug 5-7
Ohio - Aug. 5-7
Oklahoma - Aug. 5-7; only clothing items are exempt from sales tax.
South Carolina - Aug. 5-7
Tennessee - July 29-31
Texas - Aug. 5-7
Virginia - Aug. 5-7
West Virginia - Aug. 5-8
* tax-free holiday has already passed for this state
The state of Georgia rid themselves of the holiday in 2016.
According to 11alive.com, a study by Georgia State University in 2011 revealed that the holiday cost the state of Georgia somewhere between $36 and $50 million in cost tax revenue.
State representative John Corbett told 11alive there was no data to prove [the holiday] stimulated additional spending or created additional jobs.
According to money.usnews.com, the sales tax institute notes that there is often a cap on the dollar amount for items that qualify for the savings.
Other potential states to save you money for this upcoming fall include Illinois, Alaska, Delaware, Montana, New Hampshire, and Oregon.
According to NBC Chicago, Illinois is offering a reduced sales tax of 1.25% on school supplies from Aug. 5-14, compared to the usual 6.25%.
Alaska, Delaware, Montana, New Hampshire, and Oregon have no state sales tax in place at all.