MS HB1627

Exempts from sales tax retail sales of food for human consumption that would qualify for exemption if purchased with food stamps, even when purchased without food stamps.

Increases the state sales tax rate from 7% to 9% on retail sales of tangible personal property, utilities, telecommunications services, amusement activities, and specified services.

Applies the 9% rate to wholesale beer sales, alcoholic beverages, and sales/rentals of specified digital products (audio-visual works, audio works, and digital books).

Maintains existing reduced tax rates for specific categories including farm equipment (1.5%), vehicles (3%), manufacturing machinery (1.5%), and electric power associations (1%).

Becomes effective July 1, 2018.