MS SB2048

Authorizes the City of Winona, Mississippi to levy a tax of up to 2% on the gross proceeds of sales at restaurants within city limits, in addition to all other taxes.

Requires a resolution by city governing authorities and approval by election, with at least 60% of qualified electors voting in favor, following publication of notice for at least three consecutive weeks.

Tax revenue must be collected by the Department of Revenue using the same procedures as state sales taxes and paid to the city by the 15th of the following month, designated solely for promoting tourism, parks, recreation and economic development.

Requires separate accounting and annual independent audits of tax revenues, which must be placed in a special fund apart from the city's general fund.

Automatically repeals on July 1, 2020.