MS HB1667

Allows the City of Laurel, Mississippi to use proceeds from the recreation and public improvement promotion tax for maintenance costs, parks and recreation, and tourism support once all current bond issues for a project are completely paid off.

Tax proceeds can be allocated to continuing operation and maintenance of the project, with not more than one-third of one-half of one cent going to the Fair Commission for fairground improvements, plus support for parks and recreation facilities and tourism initiatives.

Requires the city governing body to adopt a resolution within 60 days declaring its intention to continue the tax, published for at least three consecutive weeks, with an election required if 20% or 1,500 qualified electors (whichever is less) file a written protest.

Tax cannot exceed two percent of gross proceeds from hotel and motel room rentals and restaurant sales, including alcoholic beverages sold by on-premises permit holders.

Act automatically repeals on July 1, 2018.