2014-05-21 / Other News

Deal signs bill extending tax-free holiday weekends

Gov. Nathan Deal today signed House Bill 958, legislation that will extend the statewide back-toschool tax-free holiday and ENERGY STAR and WaterSense appliance tax-free holiday weekends for an additional two years. The bill, signed during visits to the Georgia Institute of Technology and the Atlanta Food Bank, is a direct result of the Governor’s Competitiveness Initiative and is a continuation of the Georgia Jobs and Family Tax Reform Plan originally signed into law in 2012.

“The sales tax holidays will allow Georgia’s families to save money on those necessary items for school and on appliances that will help conserve Georgia’s energy resources,” Deal said. “This tax reform package has made our state a better place to work and raise a family, and I will continue my commitment to maintaining our status as having one of the lowest per capita taxpayer burdens in the country.”

The fiscal note estimates that over the two-year time period the two-day back-toschool holiday, taking place this year on Aug. 1-2, will save Georgians up to $143 million and the energy efficient household appliance tax holiday, taking place this year on Oct. 3-5, will save taxpayers $2.6 million.

The bill also provides a new sales tax exemption for Georgia’s food banks, an initiative that will help sustain charitable service across the state, saving an estimated $2.5 million over two years.

“I strongly believe in the mission of our local food banks,” Deal said. “With their help, we have been able to actively fight against hunger, serve those less fortunate and assist with disaster relief. It is my hope that this tax exemption will make room for a significant amount of growth and progress for those organizations.”

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