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MS HB1472

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 of a hotel and motel room rental tax in Horn Lake, Mississippi from July 1, 2017 to July 1, 2022
  • Authorizes a tax of up to $2.00 per overnight room rental to promote the city's tourism and economic development
  • Requires an indirect referendum process where if 20% or 1,500 qualified electors (whichever is less) petition against the tax, a 60% majority vote is needed to continue it
  • Revenue must be kept in a separate fund apart from the general fund, independently audited annually, and used exclusively for tourism and economic development purposes
  • Takes effect upon passage

Legislative Description

City of Horn Lake; extend the repeal date on the tax on hotel and motel room rentals.

Last Action

Approved by Governor

3/15/2018

Committee Referrals

Local and Private2/22/2018
Local and Private Legislation1/15/2018

Full Bill Text

No bill text available