Sales tax holiday on school supplies provision

This bill creates a temporary sales tax holiday for school supplies in Minnesota. It exempts qualifying items from sales tax during a seven-day period each August (July 31-August 6), specifically for book bags priced at $60 or less and school supplies like notebooks, pencils, paper, and binders priced at $15 or less per item. The tax exemption applies to purchases made after June 30, 2025, directly benefiting families buying these items for the upcoming school year. The provision amends Minnesota Statutes to add this annual tax holiday to existing sales tax rules.