MS HB1661

Extends the repeal date of Chapter 951, Local and Private Laws of 2018, from July 1, 2022, to July 1, 2024, allowing the City of Pearl to continue levying taxes on hotels, motels, and restaurants.

Authorizes the City of Pearl to impose a tax not to exceed 3% on gross proceeds of hotel and motel room rentals and not to exceed 1% on gross proceeds of restaurant sales.

Requires tax revenues be dedicated solely to promoting tourism, parks, and recreation in the city, with proceeds not considered general fund revenue and prohibited from use on private property, legal fees, or salaries.

Mandates separate accounting and annual independent audits of tax revenue and expenditures, with the Department of Revenue retaining 3% of collected taxes to defray collection costs.

Requires approval by voter election with at least 60% of qualified electors voting in favor before the tax can be imposed.