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HR0111 - 104th General Assembly
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| 1 | HOUSE RESOLUTION | ||||||
| 2 | WHEREAS, The State of Illinois enacted a State sales tax | ||||||
| 3 | holiday that occurred over a ten-day period in August 2022, | ||||||
| 4 | during which consumers were able to purchase school-related | ||||||
| 5 | items and certain clothing while paying sales tax at a reduced | ||||||
| 6 | rate, which was unlimited for school supplies and covered | ||||||
| 7 | clothing up to $125 per item; and | ||||||
| 8 | WHEREAS, Due to this holiday, and with respect to eligible | ||||||
| 9 | items covered by it, the current sales tax rate of 6.25% was | ||||||
| 10 | reduced to 1.25% during this period; and | ||||||
| 11 | WHEREAS, The sales tax holiday applied to items that are | ||||||
| 12 | essential to academic success in the classroom, and such items | ||||||
| 13 | included bookbags, binders, pencils, notebooks, erasers, and | ||||||
| 14 | index cards; and | ||||||
| 15 | WHEREAS, The August 2022 sales tax holiday was not renewed | ||||||
| 16 | in the summer of 2023 for FY24 or any year thereafter despite | ||||||
| 17 | the fiscal impact of the holiday in 2022 only being $6.6 | ||||||
| 18 | million, according to Illinois Department of Revenue Annual | ||||||
| 19 | Report FY23, compared to a State budget of $53 billion; and | ||||||
| 20 | WHEREAS, According to the U.S. Department of Labor, the | ||||||
| 21 | cost of school supplies has spiked more than 24.5% since 2022, | ||||||
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| 1 | resulting in parents having to pay more per child on school | ||||||
| 2 | supplies; and | ||||||
| 3 | WHEREAS, A 2024 survey conducted by Intuit Credit Karma | ||||||
| 4 | found 33% of parents expressed that they could not afford to | ||||||
| 5 | complete back-to-school shopping that year; and | ||||||
| 6 | WHEREAS, According to the Tax Foundation, 11 states | ||||||
| 7 | enacted a tax holiday for school supplies in 2024, bringing | ||||||
| 8 | much needed tax relief to their constituents; therefore, be it | ||||||
| 9 | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE | ||||||
| 10 | HUNDRED FOURTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that | ||||||
| 11 | we urge the General Assembly and the Governor to enact a tax | ||||||
| 12 | holiday for school supplies in 2025 and thereafter to bring | ||||||
| 13 | relief to working parents; and be it further | ||||||
| 14 | RESOLVED, That suitable copies of this resolution be | ||||||
| 15 | delivered to the Governor, the Speaker and Minority Leader of | ||||||
| 16 | the Illinois House of Representatives, and the President and | ||||||
| 17 | Minority Leader of the Illinois Senate. | ||||||