HF 714

as introduced - 94th Legislature (2025 - 2026) Posted on 02/13/2025 02:47pm

A bill for an act
relating to taxes; sales and use; providing for a sales tax holiday on school supplies;
amending Minnesota Statutes 2024, section 297A.67, by adding a subdivision.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2024, section 297A.67, is amended by adding a subdivision
to read:

new text begin Subd. 41. new text end

new text begin Sales tax holiday. new text end

new text begin (a) For the purposes of this subdivision, "sales tax holiday"
means the dates during which the retail sale of qualifying items is exempt from the tax
imposed under this chapter.
new text end

new text begin (b) There is a sales tax holiday established during the seven-day period beginning at
12:01 a.m. on each July 31 and ending at 11:59 p.m. on August 6 for the following items:
new text end

new text begin (1) book bags having a retail price of $60 or less; and
new text end

new text begin (2) school supplies having a retail price of $15 or less per item. For the purposes of this
subdivision, "school supplies" includes binders, calculators, cellophane tape, blackboard
chalk, compasses, composition books, crayons, erasers, folders, glue, paste, glue sticks,
highlighters, index cards, index card boxes, legal pads, lunch boxes, markers, notebooks,
poster board, construction paper, graph paper, tracing paper, manila paper, copy paper,
loose-leaf ruled paper, colored paper, pencil boxes, school supply boxes, pencil sharpeners,
pencils, pens, protractors, rulers, scissors, and writing tablets.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for sales and purchases made after June
30, 2025.
new text end