The Florida Retail Federation expects Sunshine State stores to make a bundle during the back-to-school sales tax holiday in August. A survey conducted by FRF’s parent organization, the National Retail Federation, estimates U.S. retailers will pull in a total of $83.6 billion in revenue during the tax-free holidays in Florida and other states.
Senate President Joe Negron held out hope Monday evening that he and House Speaker Richard Corcoran could resolve lingering disagreements about the state budget in time to present a bill Tuesday and adjourn as scheduled on Friday. “I know there was some real good progress made today on a number of issues, particularly in the environmental budget. If we work diligently through the rest of the afternoon and evening, I’m still optimistic that we can get it done,” Negron told…
Florida’s popular back-to-school sales tax holiday returns this weekend, with tax exemptions on a broad range of school-related products. The 2016 Back-to-School Sales Tax Holiday, somewhat shorter than in past years, begins at 12:01 a.m. Friday, Aug. 5, through 11:59 p.m. Sunday, Aug. 7. During the three-day period, purchases of specified school supplies and clothing are exempt from sales tax. Tax-exempt clothing and accessories are defined as any article of clothing, wallet or bag, including handbags, backpacks, fanny packs and…
Keep sales tax holidays. That’s the message the Florida Retail Federation is sending to state lawmakers as the Florida Senate decides whether to hear the House’s sweeping tax-cut proposal. The Senate Appropriations committee on Tuesday was scheduled to hear the proposal (HB 7099), where senators were proposing a strike-all amendment that, among other things, would remove provisions authorizing sales tax holidays. The bill, though, was temporarily postponed. “For almost 20 years, Florida families have relied on these sales tax holidays…
Returning to school may not be popular with students, but parents are looking forward to Florida’s annual sales tax holiday and the associated back-to-school sales. A new email from the Florida Retail Federation reminds everyone that the 2015 sales tax holiday begins Friday, August 7, and runs through 11:59 p.m. Aug. 16. The 10-day extension is the longest back-to-school shopping holiday since the practice began in 1998, giving consumers two full weekends to shop for necessary school supplies, clothing and…