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LA HB551
Bill
Status
4/4/2025
Primary Sponsor
Joy Walters
Click for details
AI Summary
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Creates an annual sales tax holiday on the first Saturday of August, exempting both state and local sales taxes on back-to-school items including computers, laptops, tablets, clothing, footwear, school supplies, backpacks, instructional materials, software, jigsaw puzzles, and books
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Computers, laptops, and tablets must be priced under $500 to qualify for the exemption
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All other qualifying items (clothing, school supplies, etc.) must be priced under $50 to qualify
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Named the "Annual Louisiana Believes in Education Act" and applies to taxable periods beginning on or after August 1, 2025
Legislative Description
Establishes a sales tax holiday for purchases of certain items on the first Saturday of August each year (OR DECREASE SG RV See Note)
TAX/SALES-USE-EXEMPT
Last Action
Read by title, under the rules, referred to the Committee on Ways and Means.
4/14/2025