Loading chat...
MS SB2919
Bill
AI Summary
-
Removes the June 30, 2015 repeal date on Starkville's Economic Development, Tourism and Convention Tax, allowing the 2% tax on restaurant gross income to continue indefinitely.
-
Updates references from "State Tax Commission" to "Department of Revenue" for tax collection and administration purposes.
-
Maintains the existing distribution formula: 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.
-
Preserves the 3% collection fee retained by the Department of Revenue and requires annual independent audits of all entities receiving tax proceeds.
Legislative Description
City of Starkville; remove repeal date on the city's economic development, tourism and convention tax.
Last Action
Died In Committee
4/1/2015