MS HB1666

Authorizes the City of Pearl, Mississippi to impose a special sales tax of up to 1% on gross proceeds of sales and business income taxed at 7% under Mississippi Sales Tax Law

Tax requires approval by at least 60% of votes cast at a public election; city governing authorities must adopt a resolution declaring intent and calling for election with notice published weekly for at least 3 consecutive weeks

Department of Revenue collects the tax and retains 3% for collection costs, with remaining proceeds paid to the city by the 15th of the following month

Revenue must be placed in a separate fund and used solely for infrastructure improvements within the city, including overlay and resurfacing of city streets

Tax applies to all persons making sales, deliveries, or installations within the city except for sales exempted under existing Mississippi Sales Tax Law and sales already subject to other local and private law taxes