State Representative Jimmy Eldridge Encourages Residents To Utilize Annual Sales Tax Holiday
(NASHVILLE) — With the beginning of a new school year right around the corner, State Representative Jimmy Eldridge (R-Jackson) is encouraging the families who live in Madison County to utilize the state’s annual sales tax holiday to save on items such as clothing, school and art supplies, as well as computer purchases.
The state’s annual Tax Free Weekend is set for July 28-July 30. It begins at 12:01 a.m. on Friday, July 28 and ends at 11:59 p.m.on Sunday, July 30. The holiday was established by the Tennessee General Assembly in 2006 and has been held every year since; tax-free purchases include clothing valued at $100 or less, school supplies costing $100 or less, and computers priced at $1,500 or less.
“Our annual sales tax holiday is another way we are helping the industrious men and women of our community to meet their family’s needs and also save more of their hard-earned money,” said Chairman Eldridge. “This event also supports our local businesses and sparks the economy right here in District 73.”
“I have worked very closely with Representative Eldridge during his time as a member of the Tennessee General Assembly to lower taxes for our hardworking Tennesseans,” said Tennessee House Speaker Beth Harwell (R-Nashville). “We encourage the citizens of our state to utilize this holiday weekend to make purchases that will not only prepare their children to go back to school but also save them money.”
Over the last several years, the Republican-led House has reduced state tax rates by several hundred million dollars, including cuts to the tax on groceries, reducing taxes on Tennessee’s manufacturers in order to promote economic growth, reductions to the Hall Tax that disproportionally affects seniors living on a fixed income, as well as repealing the state gift tax and death tax. During the 2017 legislative session, Republican lawmakers also fought to decrease the amount of property tax owed by veterans, the disabled, and the elderly.
“The cost of school supplies can truly restrict a family’s budget,” Representative Eldridge continued. “It is my hope that this opportunity will give our families a little more financial flexibility moving forward.”
For more information about the state’s Tax Free Holiday, please visit: https://www.tn.gov/revenue/article/sales-tax-holiday
Jimmy Eldridge is a member of the House Local Government and House Calendar & Rules Committee. He is also the Chairman of the House Consumer & Human Resources Committee and a member of the House Consumer & Human Resources Subcommittee. Eldridge lives in Jackson and represents House District 73, which is part of Madison County. He can be reached by email at: Rep.Jimmy.Eldridge@capitol.tn.gov or by calling (615) 741-7475.