MI HB4088

Establishes an annual sales tax holiday from 12:01 a.m. August 1 through 11:59 p.m. August 31 allowing exclusion of certain items from gross proceeds subject to Michigan sales tax.

Exempts clothing items priced at $75.00 or less per individual item and school supplies priced at $15.00 or less per individual item during the holiday period.

Exempts personal computers priced at $750.00 or less (less manufacturer's rebate) and personal computer accessories priced at $750.00 or less during the holiday period for noncommercial home or personal use.

Excludes from the exemption clothing accessories (watches, jewelry, umbrellas), protective or sport equipment, items for business use, and furniture.

Defines "personal computer" to include laptops, tablets, and handheld devices but excludes cellular phones, video game consoles, and digital media receivers.