MI HB4824

Creates an annual sales tax exemption on the third Saturday of August from 12:01 a.m. to 11:59 p.m. for eligible back-to-school items.

Exempts clothing with individual items priced at $100 or less, school supplies with individual items priced at $20 or less, personal computers priced at $1,000 or less (less manufacturer's rebate), and personal computer accessories priced at $500 or less (less manufacturer's rebate).

Excludes from the exemption clothing accessories, protective/sport/recreational equipment, items sold for business use, and furniture.

Defines "school supplies" to include pens, pencils, erasers, notebooks, binders, lunch boxes, markers, scissors, tape, glue, calculators, and similar items.

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