MS SB2759

Expands the definition of "tourism project" under Mississippi's Tourism Project Sales Tax Incentive Program to include hotels in historic districts listed on the National Register of Historic Places, entertainment districts, within 1,000 feet of convention centers, or on state/federal parks and recreational lands

Qualifying hotels must either involve restoration/renovation of facilities with at least 75 rooms and project costs exceeding $5 million, or involve construction/restoration/renovation with project costs exceeding $10 million plus guest amenities (restaurants, golf courses, spas, fitness facilities, entertainment, retail)

Limits retail facility expenditures to no more than 40% of total project costs for the new hotel category

Maintains existing exclusion of licensed gaming establishments from the tourism project definition, though gaming-related entities may participate if the project exceeds gaming commission requirements

Effective date of July 1, 2022