MS HB1744

City of McComb governing authorities may levy a tourism tax of up to 3% on gross proceeds from hotel and motel room rentals, excluding charges for telephone, laundry, and similar services.

Tax proceeds, less 3% retained by the Department of Revenue for collection costs, must be dedicated solely to promoting tourism and economic development within the city.

Before imposing the tax, governing authorities must adopt a resolution, publish notice for at least three consecutive weeks, and hold an election requiring approval from 60% of qualified electors voting on the measure.

Tax collection and administration shall follow the same procedures as state sales taxes under Mississippi Code Chapter 65, Title 27, with separate accounting and annual independent audits required.

All provisions of the act automatically expire and are repealed on December 31, 2013.