MS HB1006

Authorizes Mississippi municipalities to impose a special sales tax of up to 1% on goods and services already taxed at 7% or more under state sales tax law

Requires approval by at least 3/5 of voters in a local election before the tax can be implemented, with mandatory public notice published for three consecutive weeks prior to the vote

Exempts restaurant food and beverage sales, hotel/motel lodging, food for human consumption, and cable/internet services from the special tax

Restricts tax revenue expenditure to road and street repair/reconstruction, and water, sewer, and drainage projects, with all expenditures requiring Mississippi Development Authority approval

Mandates annual independent audits of tax revenue and requires the tax to be discontinued upon project completion and debt repayment; the entire act repeals on July 1, 2034