Starting in the 2012 fall semester, students attending universities in the state of Maryland may be able to purchase textbooks without having to pay the usual state sales tax. The source of the tax break is proposed House Bill 38, which will go into effect on July 1st if it is passed. To reap the benefits of the tax exemption, students will have to purchase their textbooks during a specified two-week period: the last week of August and the first week of September. After this period, the sales tax will return on textbook purchases until the next semester. The tax exemption has the potential to save students between $100 and $200 each semester.

For more information, you can read the full article:

Leave a Reply

Your email address will not be published. Required fields are marked *