MS SB2596

Amends Section 27-65-9 of Mississippi Code to expand the sales tax exemption for food sales on university and college campuses.

Excludes from the definition of "business" (and thus from sales tax) retail sales of food when sold on campus to enrolled students and paid through a declining balance account or similar instrument issued by the institution.

Defines "food" for this exemption as food for human consumption that would qualify for food stamp exemption under Section 27-65-111(o), excluding items purchased with USDA food stamps or other federal assistance.

Maintains existing exemptions for prepaid student meal plans and prepared meals sold to K-12 students.

Takes effect upon passage with no retroactive application to taxes due before the effective date.