MS SB3122

Expands the West Pearl Restaurant Tax District from a defined area in western Pearl to include the entire City of Pearl, Mississippi upon the effective date of the act.

Authorizes the city's governing authorities to levy and collect a restaurant tax at a rate not to exceed 2% of gross proceeds from restaurants selling prepared food and beverages within the district.

Requires the city to hold an election where 60% of qualified electors must vote in favor before the tax can be imposed in the expanded area of the district.

Dedicates tax proceeds, minus 3% retained by the Department of Revenue for collection costs, exclusively to professional baseball team inducement, infrastructure improvements, tourism promotion, and economic and community development in Pearl.

Requires separate accounting and annual independent audits of restaurant tax receipts and expenditures, with audit expenses paid from the tax proceeds.