UPDATE: Sales tax holiday bill gets mixed reception

UPDATED Tuesday, January 7, 2014 --- 2:30 p.m.

MADISON, Wis. (AP) -- Two of the nation's largest and best-known corporations are lobbying in support of a bill that would waive sales taxes on purchases of some computers, back-to-school supplies and Energy Star products one weekend a year.

Wal-Mart Stores Inc. and Apple Inc. are among those backing the bill that was subject to an Assembly committee hearing Tuesday. No one from either of the companies testified, but online records show they combined for 20 hours of lobbying on the measure last year.

Supporters of the Republican-backed measure say it will stimulate sales and draw people to stores on the designated weekends in August and November.

Assembly Speaker Robin Vos has voiced support for the idea, but Senate Majority Leader Scott Fitzgerald says some Senate Republicans view it as a gimmick.

Copyright 2014: Associated Press

_____________________________________________

Posted: Tuesday, January 7, 2014 --- 6:24 a.m.

MADISON, Wis. (AP) -- A proposal that creates sales tax holiday weekends in August and November for certain items purchased in Wisconsin is up for a public hearing.

The Republican-backed bill was scheduled for a hearing Tuesday before an Assembly committee.

One sales tax holiday would be the first weekend in August. Sales taxes would not be collected on clothes and school supplies costing less than $75, computers less than $2,000, school computer supplies costing less than $250 and instructional material sold for less than $300.

Sales taxes would also not be collected the first weekend in November on Energy Star qualified products, such as energy-efficient appliances.

Assembly Speaker Robin Vos has voiced support for the idea, but Senate Majority Leader Scott Fitzgerald says some Senate Republicans view it as a gimmick.

Copyright 2014: Associated Press


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
NBC15 615 Forward Drive Madison, Wisconsin 53711 Business: 608-274-1515 Newsroom: 608-274-1500
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 239031581 - nbc15.com/a?a=239031581