MS HB1637

Increases the occupancy tax on hotel and motel rooms in Jackson, Mississippi from $0.75 to $2.00 per day for each occupied room

Tax revenue funds the Mississippi Telecommunication Conference and Training Facility Reserve Fund, which pays debt service on bonds and covers facility maintenance, operations, and improvements

Updates statutory references from "State Tax Commission" to "Department of Revenue" to reflect current agency terminology

Reserve fund pays debt service on bonds covering 40% of facility construction costs plus all land acquisition costs, with remaining funds available for facility maintenance and renovations

Tax remains in effect until Jackson rescinds it by resolution, but cannot be rescinded while any bonds issued under this chapter remain outstanding