MS SB3012

Extends the repeal date of the City of Starkville's Economic Development, Tourism and Convention Tax from June 30, 2018, to June 30, 2022.

Tax is levied at 2% on gross income of restaurants from prepared food and beverage sales within Starkville city limits.

Distributes collected tax proceeds as follows: 15% to Oktibbeha County Economic Development Authority, 15% to Visitors and Convention Council, 10% retained by city, 40% to Starkville parks, and 20% to Mississippi State University.

Department of Revenue retains 3% of collected proceeds to cover administrative costs and administers the tax using existing sales tax collection procedures.

Requires annual independent audits of recipient entities and maintains separate accounting from the city's general fund.