MS SB2999

Extends the repeal date of the City of Starkville's Economic Development, Tourism and Convention Tax from June 30, 2015 to June 30, 2025.

The 2% tax applies to gross income of restaurants from prepared food and beverages sold within Starkville city limits.

Tax revenue is distributed as follows: 15% to Oktibbeha County Economic Development Authority, 15% to Visitors and Convention Council, 10% retained by city, 40% to Starkville Park Commission, and 20% to Mississippi State University.

Tax collections are administered by the Department of Revenue with a 3% collection fee, with proceeds placed in a dedicated special fund separate from general city revenues.

Entities receiving tax funds must submit detailed budgets annually for city approval and undergo independent audits by certified public accountants.