MS HB1740

Authorizes the City of Fulton, Mississippi governing authorities to levy an additional sales tax of up to 3% on gross proceeds from restaurant sales for promoting tourism, parks, and recreation.

Defines "restaurant" broadly to include food trucks, cafes, cafeterias, convenience stores, grocery stores, and similar businesses selling prepared food, but excludes schools, hospitals, and medical facilities.

Requires a public election with at least three weeks' notice published in a newspaper, with the tax implemented only if 60% of qualified electors voting approve it.

Requires the Department of Revenue to collect the tax using standard state sales tax procedures, with 3% retained for collection costs and remaining proceeds paid to the city monthly in a separate special fund.

Sunsets on July 1, 2026, and mandates annual independent audits of tax revenue and expenditures.