Governor Signs Rules For Sales Tax Holiday - - Tulsa, OK - News, Weather, Video and Sports - |

Governor Signs Rules For Sales Tax Holiday

OKLAHOMA CITY (AP) _ Gov. Brad Henry signed administrative rules on Wednesday clearing the way for the state's first sales tax holiday next month.

From Aug. 3 to Aug. 5, back-to-school shoppers will not be charged state sales taxes on purchases of footwear and clothing costing less than $100 per item.

There is no limit on the overall bill for such purchases, so long as individual items do not exceed $100.

``This will help parents with their back-to-school shopping and give Oklahoma retailers a boost at the same time,'' Henry said.

``In past years, Oklahomans have taken their money to Texas to take advantage of that state's sales tax holiday. There's no reason to keep exporting Oklahoma retail dollars south of the Red River.''

The tax cut is estimated to reduce state revenue by $5.3 million.

It was passed by the 2007 Legislature and signed into law in late May.
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