(a) Except as provided in (b) below, incorporated by reference in this Code as though each code provision was set forth verbatim herein are statutes, consisting of ordinances and/or code provisions of the Kenai Peninsula Borough or such portions thereof, which provide for the sales taxes, including but not limited to their levy, collection, and administration.

(b) There shall be no sales tax exemption on nonprepared food. The above sentence does not affect the sales tax exemption granted under AS 29.45.700(d) exempting food purchased under the Food Stamp Act or Special Supplemental Food Program for Women, Infants and Children.