NASHVILLE, Tenn. (WTVF) — The Tennessee General Assembly has approved two sales tax holiday weekends to help Tennesseans save money and support the economy during the COVID-19 pandemic. However, this new plan is only effective for 2020.
The first tax-free weekend will occur from Friday, July 31 through Sunday, August 2. It begins at 12:01 a.m. on Friday and ends Sunday at 11:59 p.m. During this weekend, consumers can purchase clothing, school supplies and qualifying electronic devices such as computers without paying 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," said Tennessee Gov. Bill Lee.
Price restrictions do apply. For school supplies and clothing, the price restriction for qualifying items is $200 or less. For computers and other electronics, the price restriction is $3,000 or less.
The items consumers buy can only be for personal use, not business or trade.
The second tax-free weekend will be held starting at 12:01 a.m. Friday, August 7 and end at 11:59 p.m. Sunday, August 9. This weekend will focus on the retail sale of food and drinks by qualifying restaurants.
“We want to remind everyone about these opportunities for tax relief,” Revenue Commissioner David Gerregano said. “It’s a good opportunity to save money during these difficult times.”