MS SB2923

Extends the repeal date of Chapter 951, Local and Private Laws of 2011 from July 1, 2015 to July 1, 2018, allowing Washington County to continue imposing a hotel and motel room rental tax.

Authorizes the Board of Supervisors of Washington County to levy a tax of up to 2% on gross proceeds from hotel and motel room rentals (excluding charges for telephone, laundry, and similar services).

Requires the tax to be approved by a referendum with at least 60% of qualified county electors voting in favor before implementation.

Directs tax proceeds (minus 3% retained by the Department of Revenue for collection costs) to be placed in a special fund for promoting economic development and establishing a youth sports complex in the county.

Requires separate accounting of tax proceeds from general funds with annual independent audits included in the county's General Purpose Statement.