House Bill No. by Representative Walters establishes an annual sales tax holiday on the first Saturday of August, allowing exemptions from state and local sales and use taxes for certain back-to-school items. The bill enacts R.S. 47:305.21, known as the "Annual Louisiana Believes in Education Act," which specifies that consumer purchases of computers (including laptops and tablets), clothing, footwear, school supplies, backpacks, instructional materials, and learning aids will be exempt from sales tax on this designated day.

The bill includes specific limitations on qualifying purchases: computers must have a purchase price of less than $500 to qualify for the exemption, while other authorized items must be priced under $50. The provisions of this act will take effect for taxable periods beginning on or after August 1, 2025.