MS SB3088

Authorizes the City of Ridgeland governing authorities to impose an additional tax of up to 1% on gross proceeds from hotel and motel room rentals, excluding charges for telephone, laundry, and similar services.

Tax revenues, minus 3% retained by the Department of Revenue for collection costs, must be dedicated solely to promoting and improving tourism, parks, and recreation attributes and facilities in the city.

Requires the governing authorities to adopt a resolution declaring intent to levy the tax, publish notice for at least three consecutive weeks, and hold an election where approval requires 60% of qualified electors voting in favor.

Mandates separate accounting and annual independent audits of tax proceeds and expenditures, with budgets approved by governing authorities before any spending occurs.

Sunsets July 1, 2023, and does not alter or amend the existing 1% tourism tax authorized under Chapter 910 of the Local and Private Laws of 1997.