Tennessee will get two sales tax weekends this year

Tennessee will get not one but two Sales Tax Holidays this year thanks to the General Assembly. {File Photo}

The General Assembly passed the 2020-21 fiscal budget last Friday and there’s an Easter egg in it for residents … not one but two sales tax weekends this year. The traditional sales tax weekend for clothing, school supplies, and computers will take place on July 31 through August 2. A second sales tax free weekend for restaurants will take place on August 7-9.

The state also increased the price limits on eligible individual items to up to $200 for clothes and school supplies and up to $3,000 for computers and televisions. In 2021, the sales tax holiday eligible items will return to $100 and $1,500 limits, according to the Department of Revenue.

Previously lawmakers had discussed doing away with Tennessee’s annual sales tax holiday due to budget concerns, but decided to keep it based on some retailer numbers being down due to the pandemic.

For a complete list of exempt items, click here. •

{The Lynchburg Times is the only independently owned and operated newspaper in Moore County … covering Metro Moore County government, Jack Daniel’s Distillery, Nearest Green Distillery, the Lynchburg Music Fest, Tims Ford State Park, Motlow State Community College, Moore County High School, Moore County Middle School, Lynchburg Elementary, Raider Sports, plus regional and state news.}

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