Could sales tax exemption soon become a reality in Kansas?
WICHITA, Kan. (KWCH) – If you’re a parent traveling through Missouri or Oklahoma this weekend (August 5-7), it might be worth stopping for some back-to-school shopping.
Until Sunday, it’s the annual school supply tax holiday in two of Kansas’ neighboring states. It’s an idea that has long been discussed in Kansas. So where is it?
A investigation found that parents spend an average of more than $660 per child on traditional school clothing and supplies. While some relief is certainly welcome, there is currently no stretch reserved for parents in Kansas to take a break like they do for at least three days each year in states like Oklahoma and Missouri. .
“It can mean a lot when it comes to the family budget with sales tax in the state of Kansas,” State Sen. Virgil Peck® Havana said.
Peck said when you add the local sales tax, the total sales tax reaches almost 10% for many Kansans.
Kansas has been discussing a sales tax holiday for school supplies, clothing and computers for years.
“A bill I’ve introduced many times in my legislative career,” Peck said. Peck said this year it was almost done. Living near the Kansas-Oklahoma border in Montgomery County, he knows many neighbors and families will be heading to Sooner State to do their back-to-school shopping.
“So a lot of people will be traveling south to Oklahoma to save money,” he said. “It had a negative impact on our businesses, I believe on the Kansas economy. “I hear from so many parents who will be crossing the state line to do their back-to-school shopping.”
Under Senator Peck’s proposal, the sales tax exemption would begin Thursday and continue the following Sunday, waiving state sales tax for specific items.
With parents having to spend an average of over $660 per child, removing the state sales tax would save over $40. When lawmakers return to Topeka in January, Peck said he will reintroduce the legislation for a sales tax holiday. “I would love to see this accomplished for the benefit of the state, our businesses and our families,” he said. “Maybe 2023 will be our year.” The Kansas Department of Revenue estimated that with Senator Peck’s bill, it would cost the state about $8 million in taxes. But Peck said a tax holiday would be an economic benefit with increased spending at restaurants and other businesses, and it would keep that money in the state.
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