MS SB3069

Authorizes the City of Hattiesburg to levy an additional tax of up to 1% on hotel and motel gross room rental proceeds and up to 1% on restaurant gross income, with hotels or motels having 10 or fewer units and restaurants with less than $100,000 in annual sales excluded.

Requires the governing authorities to adopt a resolution and hold an election where at least 60% of qualified city electors must vote in favor before the tax can be imposed, with notice published for at least 3 consecutive weeks.

Dedicates tax proceeds to promoting tourism and parks and recreation, with up to 50% of revenues able to be distributed to the University of Southern Mississippi for athletic facility improvements.

Department of Revenue retains 3% of collected proceeds to cover collection costs and pays remaining revenues to the city by the 15th of the following month; requires separate accounting and annual independent audits.

Authorizes the city to receive revenues from any source for these purposes and repeals the act effective July 1, 2022.