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MS HB1525

Bill

Official Source

Status

Passed

4/1/2011

Primary Sponsor

Joe Gardner

Click for details

Origin

House of Representatives

2011 Regular Session

AI Summary

  • Extends the repeal date from July 1, 2011 to July 1, 2014 for the City of Sardis's authority to levy taxes on hotels, motels, and restaurants
  • Authorizes Sardis to impose up to 3% tax on gross room rental proceeds from hotels and motels with six or more guest rooms
  • Authorizes Sardis to impose up to 3% tax on gross sales proceeds from restaurants
  • Dedicates tax revenue exclusively to tourism enhancement, industrial and economic development, and parks and recreation facilities
  • Requires voter approval by 60% majority before tax implementation and annual independent audits of tax collections and expenditures

Legislative Description

City of Sardis; extend repealer on authority to impose tax on hotels, motels and restaurants.

Last Action

Approved by Governor

4/1/2011

Full Bill Text

No bill text available