Shop Maryland Tax-Free Week is August 9-15
Maryland Retailers Association offers scholarships to students who have helped small businesses keep the lights on
ANNAPOLIS, Md. (July 23, 2020) - In a year that has been anything but normal, Comptroller Peter Franchot reminds Marylanders that one thing remains the same: Shop Maryland Tax-Free Week begins Sunday, August 9th with big savings for customers, scholarship opportunities for college and trade school students and a catalyst to spur sales for retailers.
From August 9-15, any single qualifying article of clothing or footwear priced $100 or less – regardless of how many items are purchased at the same time – will be exempt from the state's six percent sales tax. The first $40 of any backpack purchase is also tax free.
Entries may be submitted via email to firstname.lastname@example.org or they can be posted on the tax-free week's social media pages: Shop Maryland Tax Free on Facebook and @shopmdtaxfree on Twitter and Instagram. Business owners, parents, colleagues and friends are encouraged to submit a nomination. Students may also self-nominate
The University System of Maryland has agreed to match the $1,000 scholarship award if a student attending one of their universities is selected as the first place winner. Administrators at Stevenson University, Hood College and the Maryland Institute for College Art (MICA) have also agreed to match the $1,000 first place prize if one of their students is selected.
MRA, which is providing the scholarship money, will select the two entries that best exhibit a young Marylander supporting a small business during these challenging times.
For more information about Shop Maryland Tax-Free Week, visit www.marylandtaxes.gov, hover over the "News" tab and click on Comptroller Initiatives. There, you can find a list of tax-exempt items, a list of frequently asked questions and some helpful facts for shoppers and merchants.