MS SB3117

Authorizes the City of Gulfport 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 used exclusively for promoting tourism, economic development, infrastructure, and parks and recreation in the city.

Requires the city to hold an election where at least 60% of qualified voters must approve the tax before it can be imposed.

Requires separate accounting of tax revenue in a special fund apart from the general fund, with annual independent audits of receipts and expenditures.

Expires on July 1, 2023, unless extended by subsequent legislation.