MS HB1724

Authorizes the City of Morton, Mississippi to impose a special sales tax of up to 1% on gross sales proceeds from activities already taxed at 7% under state sales tax law

Requires approval by at least 60% of voters in a city election before the tax can be levied, with three weeks of published notice required prior to the election

Revenue must be deposited in a separate fund and used exclusively for repair, rehabilitation, and reconstruction of roadways within city limits—cannot be pledged as security for city bonds

The Mississippi Department of Revenue will collect the tax, retaining 3% for administrative costs and remitting the remainder to the city by the 15th of each following month

Tax provisions automatically repeal two years after implementation; annexed areas require separate voter approval before the tax applies there