MS HB1507

Authorizes the City of Brookhaven governing authorities to levy a tax of up to 2% on gross proceeds of room rentals from hotels, motels, and bed-and-breakfast establishments with six or more guest rooms.

Tax revenue, minus 3% retained by the Department of Revenue for collection costs, must be dedicated solely to promoting tourism and parks and recreation within the city.

Requires adoption of a resolution declaring intent to levy the tax and calling for a public election, with notice published weekly for at least three consecutive weeks and at least 21 days before the election date.

Tax may only be imposed if 60% of qualified city electors voting in the election vote in favor of the tax.

Act repeals automatically on July 1, 2017, and requires separate accounting and annual independent audits of tax proceeds and expenditures.