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2024 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Craig
Sales Tax Holiday School Supplies, Energy Efficient Products and Hurricane Preparedness (SB 58) (language only)

Item 0 #20s

Item 0 #20s

Revenues
Revenues

Explanation

(This amendment accompanies Senate Bill 58 establishing the annual retail sales and use tax holiday that takes place on the first full weekend in August beginning in 2025. Chapter 1, 2023 Special Session I, (the Appropriation Act) extends the sales tax holiday after the holiday expired in Code. The official revenue forecast assumes the continuation of all expiring sales tax exemptions; therefore, no revenue adjustment is necessary to the forecast. If the items qualifying for sales holiday expands beyond those items assumed in Chapter 1, 2023 Special Session I, then there would be a negative revenue reduction.)