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MS HB1624
Bill
Status
4/2/2014
Primary Sponsor
Tyrone Ellis
Click for details
AI Summary
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Extends the repeal date of Starkville's Economic Development, Tourism and Convention Tax from June 30, 2015 to June 30, 2025.
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Updates references in the tax collection process from "State Tax Commission" to "Department of Revenue" for administering the 2% tax on restaurant gross income.
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Maintains the existing distribution formula for tax proceeds: 15% to Economic Development Authority, 15% to Visitors and Convention Council, 10% retained by city, 40% to Starkville Park Commission, and 20% to Mississippi State University.
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Preserves all existing governance requirements including annual independent audits, budget approval by governing authority, and compliance with Mississippi public purchasing and contracting laws.
Legislative Description
City of Starkville; extend repeal date on economic development, tourism/convention tax.
Last Action
Died In Committee
4/2/2014