This legislative bill proposes the establishment of an annual sales tax holiday in Minnesota, lasting one week from July 31 to August 6. During this period, specific back-to-school supplies such as book bags priced at $60 or less, and various other school supplies priced at $15 or less per item, would be exempt from sales tax. The tax-free items include a wide range of school essentials like binders, notebooks, pens, pencils, and other common classroom supplies.