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MS HB1471

Bill

Official Source

Status

Passed

3/15/2018

Primary Sponsor

Jeff Hale

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Extends the repeal date for the City of Southaven's restaurant tax from July 1, 2017 to July 1, 2022
  • Authorizes the city to impose a tax up to 1% on gross proceeds from sales of beverages and prepared food at restaurants to fund tourism, parks and recreation
  • Requires the city to adopt a resolution and follow an indirect referendum process where 20% or 1,500 qualified electors (whichever is less) can petition against the tax levy, triggering a mandatory election requiring 60% voter approval
  • Department of Revenue retains 3% of collected tax revenue to cover administrative costs, with remainder paid to the city by the 15th of the collection month
  • Ratifies all tax collections and expenditures made by the City of Southaven from July 1, 2017 until the bill's effective date

Legislative Description

City of Southaven; extend the repeal date on restaurant tax.

Last Action

Approved by Governor

3/15/2018

Committee Referrals

Local and Private2/23/2018
Local and Private Legislation1/15/2018

Full Bill Text

No bill text available