Bill filed to cut state sales tax on groceries in half

SB185 (click here) was filed yesterday over in the Senate to fulfill Governor Beebe's campaign promise to use a portion of the current revenue surplus to cut the state's "grocery tax" in half. This measure would have a fiscal impact on the state of $130 million annually, and if passed, the state sales tax on groceries would be 2.875% (not taking into account the 1/8 cent tax for natural resources/Dept. of Parks & Tourism/Game & Fish, which is dedicated and must remain).