MS SB3075

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

Allows a tax of up to 3% on gross proceeds from hotel and motel room rentals and up to 3% on gross sales from restaurants within the town

Tax revenue must be dedicated solely to enhancing tourism, industrial and economic development, and providing parks and recreational facilities

The Mississippi Department of Revenue collects the tax and retains 3% for administrative costs, remitting the remainder to the town by the 15th of each month

Original tax authorization required approval by 60% of voters in a referendum; continuation requires the governing authorities to adopt a resolution, with potential for a protest election if 20% or 1,500 qualified electors object