This bill provides that no sales and use tax will be collected on sales of clothing, wallets, or certain bags having a selling price of $50 or less during the 5 day period beginning Wednesday, August 11, 2010 and ending midnight Sunday, August 14, 2010. This bill also provides that no sales and use tax shall be collected on sales of an expanded list of school supplies having a selling price of $10 per item or less during that same period of time.