MS HB1561

Extends the repeal date from July 1, 2022 to July 1, 2026 for Southaven, Mississippi's authority to impose a tax on restaurant food and beverage sales

The tax rate cannot exceed 1% of gross proceeds from sales of beverages and prepared food at restaurants with seating capacity of 25 or more persons

Tax revenue must be dedicated solely to promoting tourism, parks, and recreation, and cannot be used as general fund revenue

The Mississippi Department of Revenue collects the tax and retains 3% for administrative costs before remitting proceeds to the city by the 15th of each month

Restaurants at schools, hospitals, medical clinics, and nursing homes are exempt from the tax