ALBUQUERQUE (AP) — New Mexico's annual tax holiday is underway as the start of a new school year approaches.
The start of the tax-free weekend started Friday, and will last through Sunday.
The annual gross receipts tax holiday runs Friday through Sunday, with the state lifting its 5.1 percent sales taxes on items that include clothing and shoes, some outdoor and athletic supplies, computers, and pens and pencils.
Gov. Susana Martinez says "getting ready to go back to school can be expensive" for families, and the tax-free weekend aims to ease the cost.
Clothing and footwear must be $100 or less, and computers must cost $1,000 or less to be sales tax-free. The cap on other classroom necessities is $30.