MS SB3034

Extends the repeal date of Chapter 936, Local and Private Laws of 2016, from July 1, 2020, to July 1, 2024, allowing Carthage, Mississippi, to continue levying taxes on hotels, motels, and restaurants.

Authorizes the city to levy a tax not exceeding 2% on gross proceeds from hotel and motel room rentals and a separate 2% tax on restaurant sales gross proceeds.

Requires a resolution and public election with at least 60% voter approval before the tax can be imposed, with notice published for three consecutive weeks before the election.

Dedicates all tax proceeds (minus 3% retained by the Department of Revenue for collection costs) exclusively to funding recreation, tourism facilities, parks, and debt service on related bonds.

Requires separate accounting and annual independent audits of all tax receipts and expenditures, with audit costs paid from the tax proceeds.