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MS HB1507

Bill

Official Source

Status

Passed

5/3/2016

Primary Sponsor

Mark Baker

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Authorizes the City of Brandon to levy a 3% tax on gross proceeds from hotel and motel room rentals within city limits
  • Tax revenue shall be used for acquiring, constructing, improving, and repairing an amphitheater and related ancillary facilities, and for paying any associated debt
  • Tax must be approved by referendum with at least 60% of qualified city electors voting in favor; notice must be published for three consecutive weeks before the election
  • Revenue from the tax shall be collected by the Department of Revenue and paid to the city monthly, deposited in a special separate fund with annual independent audits required
  • Tax authorization expires and is repealed on July 1, 2020, unless discontinued earlier by city resolution if no outstanding debt remains

Legislative Description

City of Brandon; authorize a tax on hotels and motels to fund amphitheater and other ancillary improvements.

Last Action

Approved by Governor

5/3/2016

Committee Referrals

Local and Private4/13/2016
Local and Private Legislation2/8/2016

Full Bill Text

No bill text available