MS HB1726

Extends the repeal date of the food and beverage tax law for the City of Brandon from July 1, 2017, to July 1, 2020.

Authorizes Brandon to levy a 2% tax on gross proceeds from retail sales of prepared food and beverages at restaurants and bars within city limits.

Requires a referendum with at least 60% voter approval before the tax can be imposed, with notice published weekly for three consecutive weeks.

Designates tax revenue for a special fund dedicated to promoting tourism, parks, and recreation, requiring annual independent audits and separate accounting from general funds.

Tax collection follows state sales tax procedures through the Department of Revenue, with revenue paid to the city monthly minus any administrative retention by the Department of Revenue.