Summary as introduced: Sales and use tax exemption; school supplies, clothing and footwear, and computers. Provides a sales and use tax exemption for certain school supplies, clothing and footwear, and computers purchased during a seven-day period each year beginning on the Tuesday prior to the first Monday in September, beginning in 2006. The exempt items are: each article of school supplies with a selling price of $20 or less, each article of clothing or footwear with a selling price of $100 or less, and each article of computers or related peripheral equipment with a selling price of $1,500 or less. The bill also authorizes dealers to absorb the sales and use tax on all other items sold during the same time period and thereby relieve the purchasers of the obligation to pay such tax. Dealers who absorb such taxes are liable for payment of the same to the Tax Commissioner. Full text: 01/09/06 House: Prefiled and ordered printed; offered 01/11/06 063563303 pdf | impact statement Status: 01/09/06 House: Prefiled and ordered printed; offered 01/11/06 063563303 01/09/06 House: Referred to Committee on Finance 01/18/06 House: Assigned to Finance sub-committee: #1 (Orrock) 01/30/06 House: Incorporated by Finance (HB532-Parrish) by voice vote |