Ron DeSantis signs ‘tax holidays’ into law to encourage spending in Florida

Published May 22, 2021 12:00am ET



Gov. Ron DeSantis has signed a tax cut package designed to encourage spending in the Sunshine State.

On Friday, DeSantis signed House Bill 7061, which creates three roughly weeklong tax holidays, including one coinciding with the Fourth of July, to be dubbed “Freedom Week.” The bill, which attracted bipartisan support, with only four legislators in both chambers of the Florida Legislature voting in opposition, mandated that during these tax holidays, sales taxes on certain goods will be suspended in an effort to promote shopping.

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