Texas shoppers are expected to save an estimated $142. 5 million in state and local sales taxes during the state's annual sales tax holiday, which runs from Friday, Aug. 7, through midnight Sunday, Aug. 9.

Texas Comptroller Don Huffines announced the projected savings, noting that the annual tax holiday has provided more than $2 billion in savings to Texas families since it began in 1999. 'Since 1999, Texans have saved more than $2 billion on everything from coats to crayons and scissors to sneakers in preparation for the back-to-school bell,' Huffines said in a news release.

'But this holiday initiative isn't just about short-term relief - it's a cornerstone of financial support for Texas families, reducing the cost burden of essential educational supplies and clothing.' During the three-day tax holiday, shoppers may purchase most clothing, footwear, school supplies and backpacks priced at less than $100 without paying state or local sales tax.