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MS HB1482

Bill

Official Source

Status

Passed

4/6/2021

Primary Sponsor

Otis Anthony

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • Extends the repeal date of the Indianola Tourism Commission from July 1, 2021, to July 1, 2025
  • Commission maintains advisory role in promoting conventions and tourism in Indianola with up to nine members including ward representatives, Chamber of Commerce representative, and B.B. King Museum Foundation representative
  • Authorizes the City of Indianola to levy and collect a tax of up to 2% on hotel and motel room rentals and up to 2% on restaurant and bar gross proceeds for tourism and economic development purposes
  • Tax revenues are collected by the Department of Revenue with 3% retained for administrative costs, with remainder dedicated solely to tourism and economic development funding
  • Commission must adopt annual budgets subject to city approval and undergo annual independent certified public accountant audits

Legislative Description

City of Indianola; extend repeal date on tourism commission and hotel, motel and restaurant tax.

Last Action

Approved by Governor

4/6/2021

Committee Referrals

Local and Private3/12/2021
Local and Private Legislation3/3/2021

Full Bill Text

No bill text available