COLUMBUS—State Representative Mark Romanchuk (R-Ontario) today announced that a sales tax holiday will be occurring this weekend. With the new school year just around the corner, this is an opportunity for parents to receive some tax relief as they do their back-to-school shopping. In addition, this holiday stimulates economic activity for Ohio’s retailers, which is another huge plus.
From Friday, August 3 through Sunday, August 5, certain items will be exempt from state and county sales and use taxes. Clothing items up to $75 each and school supplies or instructional materials up to $20 each will be free of taxes if purchased during this weekend. This includes a variety of items, from pencils and paper to pants and jackets to prepare for the fall.
“The sales tax holiday has helped a lot of families in Richland County and across Ohio,” said Rep. Romanchuk. “I hope a lot of families with school-aged children can benefit from the extra tax savings this weekend.”
This year’s back-to-school sales tax holiday is the fourth consecutive one in the state of Ohio. According to a University of Cincinnati study, the first sales tax holiday in 2015 generated an extra $4.7 million in consumption, along with saving consumers approximately $3.3 million.
The study also found that Ohio counties that border other states experienced a 15.48 percent increase in sales tax collection, leading to the conclusion that many out-of-state families traveled to Ohio to take part in the tax holiday.