MS SB2154

Authorizes the Town of Monticello governing authorities to levy a tax of up to 2% on gross proceeds from hotel and motel room rentals and a tax of up to 2% on gross proceeds from restaurant food and beverage sales.

Tax revenue, less 3% retained by the Department of Revenue for collection costs, must be dedicated solely to promoting tourism and parks and recreation in Monticello and the surrounding area.

Requires the governing authorities to adopt a resolution, publish notice for at least three consecutive weeks, and obtain approval from 60% of qualified electors voting in a referendum before implementing the tax.

Mandates separate accounting of tax receipts and expenditures from the general fund, with annual independent audits by a certified public accountant.

The tax authorization expires July 1, 2026, unless extended by subsequent legislative action.