MS HB1731

Authorizes the City of Biloxi to levy a tax of up to 3% on gross proceeds from recreational vehicle site rentals, with funds dedicated to construction, repair, reconstruction, and resurfacing of thoroughfares costing over $1,000,000 per project.

Requires passage of a ballot measure with approval from more than 60% of qualified electors voting in a city election before the tax can be imposed, with notice published in local newspapers for at least three consecutive weeks.

Establishes that the Department of Revenue will collect and remit the tax to the city monthly using existing state sales tax collection procedures, with the city maintaining separate accounting from general funds.

Authorizes the City of Biloxi to issue bonds, notes, or other debt secured by pledges of tax revenues for infrastructure project costs, with such debt exempt from state and local income taxes and excluded from city debt limitations under certain conditions.

Requires annual independent audits of tax revenues and expenditures, with all collected funds used solely for authorized infrastructure projects and related costs including engineering, legal services, and planning expenses.