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MS HB1358

Bill

Official Source

Status

Passed

4/23/2014

Primary Sponsor

Alex Monsour

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Amends Section 57-26-5 of the Mississippi Code to establish deadlines for issuing certificates for the Tourism Project Sales Tax Incentive Program
  • Prohibits the Mississippi Development Authority from issuing new certificates for cultural retail attraction tourism projects after July 1, 2014
  • Prohibits the Mississippi Development Authority from issuing new certificates for other tourism projects after July 1, 2016
  • Maintains existing application requirements including a $5,000 application fee, project plans, financing details, and an independent study of anticipated visitor numbers
  • Takes effect July 1, 2014

Legislative Description

Tourism project sales tax incentive program; revise definition of term project and extend; create new hotel incentive.

Last Action

Approved by Governor

4/23/2014

Committee Referrals

Finance2/21/2014
Tourism1/20/2014

Full Bill Text

No bill text available