Legislation soon to be introduced in the Pennsylvania Senate would make the months of June and July sales tax holidays.
The state normally collects a 6 percent sales tax.
In the United States, the annual inflation rate accelerated 7.5 percent in January, the highest since February 1982.
In 2022 and 2023, Pennsylvania is projected to have a more than $2 billion surplus.
State Sen. Lisa Boscola (D-Lehigh/Northampton) plans to introduce the legislation. It would cover two fiscal years to ensure the state remains on sound financial footing.
“It is pretty clear everyone is hurting from the effects of inflation. Whether you are a teacher, police officer, ironworker, warehouse worker, retiree, or recent college grad, everything you need is more expensive,” Boscola said. “I was looking for a way for the state government to provide some temporary relief for everyone without creating a new program or application process. Price increases are impacting everyone’s bottom line, and while state government cannot fix monetary policy or national product shortages, we can find ways to help our families without creating red tape.
“This proposed tax holiday, over the summer months, will allow all families to enjoy a few extra dollars in their pockets.”