Florida will have a second Back To School Sales Tax Holiday starting next Monday, January 1st. The initiative, which will be active for two weeks until January 14th, exempts sales tax on various items, including clothing, school supplies, and personal computers. Scott Shalley, President and CEO of the Florida Retail Federation, anticipates it will boost businesses as students return from the winter break. State economists project a fiscal impact of $126.8 million in reduced state revenue and $33.8 million in decreased local government revenue for the two back-to-school holidays this fiscal year. Governor Ron DeSantis has proposed continuing such holidays in the 2024-2025 fiscal year.

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