Amends and adds to existing law to provide a sales tax exemption for sales of food, to increase revenue sharing, and to repeal the food tax credit.

This legislation repeals the sales tax on food sold for human consumption, using the definition of food products provided under the Federal Supplemental Nutrition Assistance Program (SNAP), excluding prepared food. To offset the reduction in General Fund Revenue, the proposal will repeal the Grocery Tax Credit and keep the revenue sharing dollars to local units of government whole.