MS SB2843

Morton city governing authorities may impose a special sales tax of up to 1% on gross proceeds of sales taxed at 7% or more under Mississippi Sales Tax Law.

Tax levy requires approval by 70% of qualified electors voting in a city election, with notice published weekly for at least three consecutive weeks before the election.

Tax exemptions mirror those in the Mississippi Sales Tax Law (Sections 27-65-19, 27-65-101, 27-65-103, 27-65-105, 27-65-107, 27-65-109, and 27-65-111).

Department of Revenue collects the tax and remits proceeds to the city by the 15th of the following month, retaining 3% to cover collection costs.

Revenue must be placed in a separate municipal fund and used solely for improvements to public streets in the city.