Under current law, certain "covered items" are exempt from sales tax during certain weekends during a year. Some of these covered items have sales price caps to qualify for exemption. This bill would require the Department of Revenue to adjust the dollar value of these items based on changes in the Consumer Price Index. In addition, this bill would increase the number of days prior to which a local government must pass a resolution or ordinance to adopt such exemptions for local sales taxes.

Statutes affected:
Introduced: 40-23-210, 40-23-230