MO SB1017

Retail sales of food become fully exempt from Missouri's state sales tax, eliminating the current 1% tax rate on groceries

"Food" is defined as products eligible for redemption under the Federal Food Stamp Program (7 U.S.C. Section 2012), including items sold through vending machines

The exemption excludes prepared food from establishments where more than 80% of gross receipts come from food prepared for immediate consumption (restaurants, fast food, delicatessens, cafés)

The exemption applies only to state sales tax; local sales taxes may still apply to food purchases

Revenue of 0.2% (two-tenths of one percent) from the overall 4% state sales tax rate will continue to be deposited in the school district trust fund