MS HB1769

Extends the repeal date of Pontotoc's hotel, motel, and restaurant tax authority from July 1, 2020, to July 1, 2024.

Authorizes Pontotoc to levy up to 2% tax on gross room rental proceeds from hotels and motels with 6+ guest rooms.

Authorizes Pontotoc to levy up to 2% tax on gross sales proceeds from restaurants and food service businesses.

Tax revenue, minus 3% retained by Department of Revenue for collection costs, must be dedicated solely to tourism and parks and recreation purposes.

Tax collection follows state sales tax procedures under Chapter 65, Title 27, Mississippi Code, with Department of Revenue handling administration and remitting proceeds to the city by the 15th of the following month.