MS SB3058

Authorizes the City of Saltillo to levy a tax of up to 2% on gross proceeds from hotel and motel room rentals and up to 2% on gross proceeds from restaurant sales.

Tax revenue must be dedicated exclusively to tourism, economic development, infrastructure, parks, and recreation purposes and cannot be counted as general fund revenue.

Requires the city to adopt a resolution and hold a referendum where at least 60% of qualified voters must approve the tax before implementation; election notice must be published weekly for at least 3 consecutive weeks with first notice at least 21 days before voting.

Department of Revenue retains 3% of collected tax proceeds to cover collection costs, with remaining funds paid to the city by the 15th of the following month; enforcement follows Chapter 65, Title 27 of Mississippi Code.

Act automatically repeals on July 1, 2022; tax collections require separate accounting from general funds and must be audited annually by an independent certified public accountant.