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MS HB1547
Bill
Status
3/23/2022
Primary Sponsor
Rob Roberson
Click for details
AI Summary
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Extends the repeal date of the City of Starkville's 2% Economic Development, Tourism and Convention Tax from June 30, 2022 to June 30, 2026
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The tax is levied on gross income from restaurants selling prepared food and beverages within Starkville city limits
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Tax proceeds are distributed as follows: 40% to Starkville parks, 20% to Mississippi State University for student activities, 15% to Oktibbeha County Economic Development Authority, 15% to Visitors and Convention Council, and 10% retained by the city for economic development
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The Mississippi Department of Revenue collects the tax and retains 3% for administrative costs before distributing funds to the city
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All entities receiving funds must submit detailed annual budgets for city approval and undergo independent audits
Legislative Description
City of Starkville; extend repeal date on economic development, tourism/convention tax.
Last Action
Approved by Governor
3/23/2022