MS HB1427

Authorizes the Mayor and Board of Aldermen of Brandon, Mississippi to levy a tax of up to 2% on gross proceeds from sales of prepared food and beverages at restaurants and bars within the city.

Requires the tax to be approved by a referendum with at least 60% of qualified city electors voting in favor before implementation.

Designates tax revenue for promoting tourism, parks, and recreation, which must be placed in a special fund separate from the city's general fund.

Requires the Department of Revenue to collect and remit the tax to the city by the 15th of the month following collection, using the same procedures as state sales tax collection.

Automatically repeals on July 1, 2014, and allows the city to discontinue the tax at any time through a resolution adopted by the governing authority.