HB 1564 Summary

• Creates the Capitol Complex Improvement District in Jackson, Mississippi, with a defined geographic area surrounding the State Capitol Building, and establishes a five-member Board of Directors appointed by the Governor, Lieutenant Governor, and Mayor of Jackson.

• Requires the Board to develop a comprehensive improvement plan in consultation with an eleven-member advisory committee representing Jackson, state institutions, and relevant agencies, with updates required every five years and approval by Jackson's governing authorities.

• Diverts 12.5% of sales tax revenue collected on business activities within Jackson, allocating 15% to the City of Jackson for police and fire protection, with the remaining 85% deposited into the Capitol Complex Improvement District Project Fund.

• Mandates that at least 95% of deposited funds be used for improvement projects including street repairs, water and sewer infrastructure, street lighting, sidewalk reconstruction, parks, and public buildings, with no more than 5% used for administrative expenses.

• Requires the City of Jackson to provide police coverage for major events in the district and maintain all completed infrastructure and improvement projects within the district.