Florida's sales tax holiday scaling back

Posted at 4:43 PM, Mar 03, 2016
and last updated 2016-03-04 00:25:46-05
Florida's back to school sales tax holiday will be scaled back this year.
A key Senate panel on Thursday approved a bill that would cut back the tax holiday from 10 days to just three days in August.
During that time period shoppers will be able to purchase clothes and school supplies without paying sales taxes.
Legislators are limiting the tax holiday to clothes that cost $60 or less. Last year the tax holiday covered anything that cost $100 or less. This year's tax holiday will not cover the purchases of computers like it did in 2015.
The House had initially proposed a 10-day back to school sales tax holiday. But during budget negotiations legislators scaled back how much money they were willing to set aside for tax cuts.