Texas sales tax holiday this weekend

Tom Hinde

Texas Comptroller Glenn Hegar reminds shoppers the annual sales tax holiday is scheduled for this Friday, Saturday and Sunday, August 5-7. It's a perfect weekend for parents to buy school supplies. The law exempts most clothing, footwear, school supplies and backpacks priced for less than $100 from paying sales tax. Shoppers save about $8 on every $100 they spend during the weekend.

Lists of apparel and school supplies that may be purchased tax-free can be found on the comptroller's website at TexasTaxHoliday.org. It's estimated shoppers will save nearly $92 million in state and local sales taxes during the sales tax holiday. The annual event started in 1999.