Assembly OKs child rebates, sales tax holiday

The state Assembly has approved a scaled-back version of Gov. Scott Walker's child tax rebate and sales tax holiday proposal. 

Gov. Scott Walker proposed giving parents a one-time $100 per-child tax rebate and establishing a sales tax holiday on certain purchases during the first weekend in August. 

The Assembly passed the plan in February. The Senate passed it on Tuesday but scaled back the items subject to the sales tax holiday. The tax would now be waived on clothing costing less than $75, computers that cost less than $750, computer supplies costing less than $250 and school supplies costing no more than $75. 

Senate Republicans say the changes will save the state $38 million in revenue. 

The Assembly approved the bill 59-31 Thursday. It goes next to Walker for his signature.

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