MI HB4865

Establishes a sales tax exemption for clothing priced at $75 or less and school supplies priced at $15 or less during designated sales tax holidays.

Sales tax holiday occurs on the third Saturday in October 2015, and annually on the third Saturday in August thereafter, from 12:01 a.m. to 11:59 p.m.

Exemption does not apply to clothing accessories (watches, jewelry, umbrellas), protective or sport equipment (skis, skates, rollerblades), items for business use, or furniture.

Defines "school supplies" to include pens, pencils, notebooks, binders, erasers, crayons, markers, calculators, rulers, and similar items.

Defines "clothing" as any article of wearing apparel including footwear intended to be worn on or about the human body.