The state’s 10-day tax holiday for school supplies begins today.
House Speaker Chris Welsh says that the holiday is timely as the macro economy continues to make finances harder for Illinois families.
Welsh says that the tax holiday will give everyone in Illinois a break on school supply-related taxes through August 14th.
Legislators especially had teachers in mind when they drafted this tax holiday because teachers often foot the bill for supplies for entire classrooms. Governor J.B. Pritzker says teachers are eligible for a tax credit on top of the tax holiday.
The tax holiday will cover a large variety of items.
The holiday only covers state sales tax and not local jurisdiction tax. The sales tax holiday for school supplies ends August 15th.