MI HB6307

Establishes an annual sales tax holiday from 12:01 a.m. on the fourth Friday in July through 11:59 p.m. the following Sunday each year.

Exempts clothing items priced at $100.00 or less per individual item from sales tax during the holiday period.

Exempts school supplies priced at $20.00 or less per individual item from sales tax during the holiday period, including pens, pencils, notebooks, binders, calculators, and similar items.

Exempts personal computers priced at $1,000.00 or less (after manufacturer's rebates) and personal computer accessories priced at $500.00 or less from sales tax during the holiday period.

Excludes clothing accessories (watches, jewelry, umbrellas), protective and recreational equipment (skis, skates), furniture, and items for commercial use from the sales tax exemptions.