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MS HB1672

Bill

Official Source

Status

Enrolled

5/3/2012

Primary Sponsor

Karl Gibbs

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Authorizes West Point, Mississippi governing authorities to levy a tax of up to 1% on gross room rental proceeds from hotels and motels with six or more guest rooms
  • Authorizes West Point governing authorities to levy a tax of up to 1% on gross sales proceeds from restaurants within the city
  • Requires a public election where at least 60% of qualified voters must approve the tax before it can be implemented
  • Dedicates tax proceeds (minus 3% retained by Department of Revenue for collection costs) to the West Point/Clay County Community Growth Alliance solely for promoting tourism and parks and recreation
  • Act automatically repeals on July 1, 2016

Legislative Description

City of West Point; authorize tax levy on hotels, motels and restaurants for community and economic development and tourism.

Last Action

Enrolled Bill Signed

5/3/2012

Full Bill Text

No bill text available