MS SB3028

Extends the repeal date from July 1, 2012 to July 1, 2015 for Sardis, Mississippi's authority to levy taxes on hotel, motel, and restaurant gross sales.

Authorizes a tax of up to 3% on gross proceeds from hotel and motel room rentals and up to 3% on restaurant sales, with revenue dedicated to tourism enhancement, industrial and economic development, and parks and recreation facilities.

Requires a local election with approval from 60% of qualified voters before the city may impose the tax, with notice published for at least three consecutive weeks.

Designates the Department of Revenue to collect the tax using state sales tax procedures, retaining 3% for collection costs and remitting remaining proceeds by the 15th of the following month.

Requires separate accounting and annual independent audits of tax proceeds, which cannot be used as general fund revenues.