Loading chat...
MS SB3064
Bill
AI Summary
- Extends the repeal date of Southaven's restaurant tax from July 1, 2017 to July 1, 2021.
- Requires an election on June 6, 2017 for city voters to decide whether to continue the existing tax on gross proceeds of beverage and prepared food sales at restaurants (maximum 1% rate).
- Tax will be discontinued if fewer than 60% of qualified electors voting in the election vote to continue it; if results are tied, another election shall be held 14 days later.
- Authorizes use of tax proceeds solely for promoting tourism, parks, and recreation; requires separate accounting and annual audits by independent certified public accountants.
- If governing authorities fail to adopt a resolution calling for the continuation election within 30 days of the act's effective date, the tax will automatically cease on the first day of the month 90 days after enactment.
Legislative Description
Southaven; extend repeal date on restaurant tax.
Last Action
Died In Committee
3/29/2017
Committee Referrals
Local and Private3/17/2017
Full Bill Text
No bill text available