MS SB2208

Extends the repeal date of Batesville's hotel, motel, and restaurant tax authority from July 1, 2017 to July 1, 2023.

Authorizes the city to levy up to 3% tax on gross proceeds from hotel and motel room rentals and up to 3% tax on gross proceeds from restaurant sales.

Tax proceeds, minus 3% collection fee retained by the Department of Revenue, must be dedicated solely to promoting tourism, industry, and economic development in Batesville and the surrounding area.

Requires the city to adopt a resolution before imposing or increasing the tax, publish notice for three consecutive weeks, and hold a referendum if 20% of qualified electors (or 1,500, whichever is less) petition against it.

Tax collection and enforcement administered by the Department of Revenue under the same provisions as state sales taxes, with separate accounting and annual independent audits required.