MS HB269

Amends Section 27-65-93 of the Mississippi Code to require the Commissioner of Revenue to promulgate rules and regulations if the sales tax rate on food for human consumption is reduced below 7 percent.

Requires taxpayers making retail sales of food to provide receipts, tickets, or similar records that identify which sales are food and which sales are not food when the reduced tax rate applies.

Applies only to food not purchased with food stamps that would otherwise be exempt from sales tax if purchased with federal food assistance.

Takes effect July 1, 2010.