MI HB4825

Establishes a tax-exempt "use tax holiday" on the third Saturday of August each year (12:01 a.m. to 11:59 p.m.) for qualifying back-to-school items.

Exempts clothing with individual sales prices not exceeding $100.00 and school supplies with individual prices not exceeding $20.00 from use tax during the holiday period.

Exempts personal computers purchased for noncommercial home or personal use priced at $1,000.00 or less (after manufacturer's rebates) and personal computer accessories priced at $500.00 or less during the holiday.

Excludes from the exemption: clothing accessories and equipment, protective or sport equipment, items for business use, and furniture.

Defines "personal computer" to include laptops, tablets, and e-readers but excludes cellular phones, video game consoles, and digital media receivers; defines "school supplies" to include writing instruments, paper products, binders, and calculators.