MADISON, WI – On Monday, State Representative Jenna Jacobson and State Senator Brad Pfaff announced new legislation to establish a 3-day back-to-school tax holiday each August. During which families will be able to do their back to school shopping without paying sales tax. Capped at $150 an item for clothing and $100 an item for supplies, this bill is an intentional first step towards cutting costs for Wisconsin families.
On Wednesday morning, Rep. Jacobson and Sen. Pfaff held a press conference to promote their legislation and to call for bipartisan support. As a result, the message of democrats leading the way in addressing rising prices has been carried to every corner of the state.
Read More Below On The News Wisconsinites Are Reading:
- “Senator Brad Pfaff (D – Onalaska) and Representative Jenna Jacobson (D – Oregon) introduced legislation Monday to create a back-to-school sales tax holiday.”
- “The legislation aims to ease some of the cost burden facing families as they prepare for the upcoming school year with clothing and school supplies purchases.”
- ‘According to a press release from Sen. Plaff, he said, “I have two grown children. I know just how expensive it can be to get the family ready to return to the school year. A back-to-school tax-free holiday is just one way that we can help parents keep more of their hard-earned cash in their own pockets.”’
- “This new piece of legislation, announced on Monday, would create a three day period each August where parents, guardians, and students alike would be able to purchase school supplies and clothes free of the charge of Wisconsin’s sales and use tax. School supplies capped at $100 an item, and clothing capped at $150 an item would be exempt from this tax for the entirety of the three day period.”
- “The bill would require the Department of Revenue to give annual estimates on the total sales taxes that would have been paid to cities and municipalities and then would require the state to reimburse those local governments to hold them harmless.”
- “The period would be in August to help families save on back-to-school expenses.”
- “The holiday would apply on closing items priced no more than $150 and school supplies priced at no more than $100. The sales tax holiday would be the Friday through Sunday of the first weekend in August.”
- “The release from Sen. Pfaff notes that American consumers have faced inflation of more than 20% since 2020 and parents of children in school are spending an average of $144 on school supplies alone.”
- “This is a win-win. This piece of legislation is something that can put real money in the pockets of working families,” said Rep. Pfaff.
