MS SB2277

Reenacts and amends Chapter 1017, Local and Private Laws of 2004, to authorize the City of Baldwyn to levy a tax on hotel and motel room rentals at a rate not to exceed 2% of gross proceeds.

Authorizes the City of Baldwyn to levy a tax on restaurant and convenience store prepared food sales at a rate not to exceed 2% of gross proceeds.

Revenue from both taxes is dedicated solely to promoting tourism and encouraging retired persons to remain in or relocate to the Baldwyn area.

The Department of Revenue collects the taxes and retains 3% of proceeds to defray collection costs, with remaining funds paid to the city by the 15th of the following month.

Extends the repeal date of this tax authority from July 1, 2018, to July 1, 2023, and ratifies all revenue collections and expenditures made from July 1, 2018, forward.