SENATOR FRASER PROMOTES ENERGY STAR TAX FREE WEEKEND
Senator Troy Fraser, Senator Rodney Ellis and the Lowe's Energy Star Appliance Team announced the Memorial Day weekend tax holiday on Energy Star energy efficient appliances at a press conference at the Texas State Capitol on Wednesday.
"This tax free weekend is a double savings opportunity," said Senator Fraser. "Not only will Texans be able to purchase Energy Star products tax free, they also will see savings each month on their energy bills."
The Texas State Comptroller's Office estimates that Texas shoppers can save $3 million in state and local taxes during the weekend. That means about $35 million in sales of energy star appliances are projected to stimulate our economy over the weekend.
In 2007, the Texas Legislature created a Memorial Day weekend sales tax holiday on energy efficient appliances as part of an omnibus energy efficiency bill successfully passed by Senator Fraser and current Speaker of the House Joe Straus.
The products qualifying for the sales tax exemption are air conditioners priced at $6,000 or less; refrigerators priced at $2,000 or less; ceiling fans; incandescent and fluorescent light bulbs; clothes washers; dishwashers; dehumidifiers; and programmable thermostats.
"If you are thinking about replacing your old refrigerator or dishwasher, this is the weekend to buy," said Fraser.
The tax holiday begins at 12:01 AM on the morning of Saturday, May 29, and ends at 11:59 PM on Monday, May 31, Memorial Day, at stores throughout Texas.
Senator Troy Fraser (R - Horseshoe Bay) represents 21 counties in the geographic center of Texas. He serves as Chairman of the Senate Committee on Business and Commerce and sits on the Senate Committees on Natural Resources, State Affairs, and International Relations and Trade.