MS HB1483

Extends the repeal date from July 1, 2021 to July 1, 2025 for the City of Senatobia's authority to levy taxes on hotels, motels, and restaurants

Allows a tax of up to 2% on gross proceeds of hotel and motel room rentals for establishments with 6 or more guest rooms

Allows a tax of up to 2% on gross proceeds of restaurant sales for prepared food and beverages consumed on premises

Tax revenue must be used exclusively for parks, recreation, and tourism development, not general fund purposes

Tax implementation requires approval by 60% of qualified voters in a local election, with the Department of Revenue collecting the tax and retaining 3% for administrative costs