MS HB1639

Authorizes Tunica County Board of Supervisors to impose a fee up to 3.2% of gross gaming revenue per month on gaming vessels docked in designated waters in or contiguous to the county.

Replaces State Tax Commission references with Department of Revenue for calculating, collecting, and enforcing the gaming revenue fee.

Revises distribution of gaming revenue proceeds: 12% to county general road fund, 69% to special county fund (increased from 64%), 12% for educational purposes, 5% to Town of Tunica (reduced from 10%), and 2% for teacher salary supplementation and training.

Prohibits use of special fund revenues for projects related to gas or electricity sales and distribution.

Allows Board of Supervisors to adjust the fee amount up to 3.2% annually with 30 days' notice to the Department of Revenue; reduces interest rate on overpayments or underpayments from 1% to 0.5% per month.