MA Lawmakers eye Aug. 16-17 for tax free weekend
That’s the weekend lawmakers have picked to suspend the state’s sales tax for many purchases.
The date is included in an economic development bill expected to come up for a final vote on Thursday, the last day of the Legislature’s formal session.
The House and Senate had initially picked different weekends in August, but finally settled on one.
Tax-free holidays have been held several times in recent years. Retailers welcome them as an opportunity to lure shoppers into stores to jump-start a typically slow time of year.
State officials have expressed concern, however, about the loss of an estimated $20 million in sales tax revenue during the weekend.