For 2020 only, the Tennessee General Assembly has approved two sales tax holiday weekends to help Tennesseans save money and support the economy amid the COVID-19 pandemic.
The first tax-free holiday weekend which focuses on clothing and other back-to-school items begins at 12:01 a.m. this Friday, July 31, and ends Sunday, Aug. 2, at 11:59 p.m.
During this period, consumers may purchase clothing, school supplies and computers and other qualifying electronic devices without paying sales tax.
For school supplies and clothing, the threshold for qualifying items is $200 or less. For computers and other electronics, the price threshold is $3,000 or less. Exempt items sold online are also eligible. Consumers must purchase items for personal use, not business or trade.
The second sales tax holiday weekend, focusing on restaurant sales will take place Aug. 7-9. During this time the retail sale of food and drink by restaurants and limited service restaurants is exempt from sales tax.
"The COVID-19 pandemic has caused immense economic strain on Tennessee families. These sales tax holidays will allow them to keep more of their hard-earned money and support Tennessee businesses," Gov Bill Lee said in a news release.
For more information about the sales tax holiday weekends, go to www.tntaxholiday.com.