ID H0067

Establishes a sales and use tax exemption for food sold for human consumption, with eligible food products defined as those purchasable under the federal Supplemental Nutrition Assistance Program (SNAP) as of January 1, 2017, excluding restaurant sales.

Repeals the grocery tax credit (Section 63-3024A) and a provision relating to information exchange with the Department of Correction (Section 63-3077G).

Adjusts the revenue sharing distribution percentage from 11% to 13.2% of collected sales tax moneys, increasing the amount directed to revenue sharing accounts for cities and counties.

Food tax exemption becomes effective June 1, 2018; credit repeal and information exchange repeal effective January 1, 2018; distribution changes effective July 1, 2018.