Illinois Launches Back-to-School Sales Tax Holiday to Aid Families
Illinois has initiated a back-to-school sales tax holiday starting August 7th, running through August 16th. During this period, the state sales tax on qualifying items will be reduced from 6.25% to 1.25%. The initiative, announced by Illinois Governor JB Pritzker, aims to save families up to $10 million on school supplies. Eligible items include most school supplies such as rulers, notebooks, and crayons, as well as certain clothing and shoes priced under $125. However, items like briefcases, cosmetics, and non-prescription sunglasses are excluded from the tax break. The tax holiday is designed to provide financial relief to families as they prepare for the upcoming school year.