MS HB1461

Phases out sales tax on food for human consumption (not purchased with food stamps) over a six-year period from July 1, 2016 to July 1, 2022, reducing the tax rate annually from 6% to 0%.

Establishes declining tax rates: 6% (2016-2017), 5% (2017-2018), 4% (2018-2019), 3% (2019-2020), 2% (2020-2021), 1% (2021-2022), and full exemption after July 1, 2022.

Applies only to food items that would qualify for tax exemption if purchased with federal food stamps, ensuring consistency with existing food stamp exemptions.

Takes effect July 1, 2016 and does not affect any tax assessments or legal claims relating to sales taxes owed before the effective date.