MS SB2241

Extends the repeal date of the City of Baldwyn's authority to levy a tax on hotel and motel room rentals (up to 2%) and restaurant and convenience store prepared food sales (up to 2%) from July 1, 2011 to July 1, 2015.

Requires the governing authorities to adopt a resolution within 60 days declaring their intention to continue the tax, with the resolution published for three consecutive weeks in a local newspaper.

Allows qualified electors to file a written protest if 20% or 1,500 electors (whichever is less) object, which would trigger a special election requiring 60% voter approval to continue the tax.

Dedicates all tax proceeds (minus 3% retained by the Department of Revenue for collection costs) solely to promoting tourism and encouraging retired persons to relocate to or remain in the Baldwyn area.

Requires separate accounting and annual independent audits of the tax receipts and expenditures, with audit costs paid from the dedicated funds.