MS SB3106

Authorizes the City of Ridgeland to impose a special sales tax of up to 1% on gross proceeds or income from activities taxed at 7% or more under Mississippi Sales Tax Law, subject to voter approval requiring at least 3/5 of votes cast in favor.

Exempts from the special tax: sales exempted under Mississippi Sales Tax Law, restaurant food and beverage sales, hotel and motel room rentals, unprepared food for human consumption, cable/subscription TV services, and telecommunications services including Internet and satellite television.

Requires the City of Ridgeland to establish a 9-member voting commission plus 1 nonvoting member appointed by the mayor, city board, Governor, Lieutenant Governor, and House Speaker, with all expenditures of tax revenue requiring commission approval.

Revenue collected by the Department of Revenue (retaining 3% for administrative costs) must be placed in a separate municipal fund and expended only for redevelopment projects in the Southeast Ridgeland Redevelopment District, with annual independent audits required.

Tax provisions expire and are repealed on July 1, 2017.