MS SB2993

Extends the repeal date of Starkville's 2% Economic Development, Tourism and Convention Tax on restaurant gross revenue from June 30, 2022, to June 30, 2026.

Tax revenue distribution: 15% to Oktibbeha County Economic Development Authority, 15% to Visitors and Convention Council, 10% retained by city, 40% to Starkville parks, and 20% to Mississippi State University.

Department of Revenue retains 3% of collected tax proceeds to cover administrative costs, with remaining funds distributed to designated entities by the 15th of the following month.

Requires annual independent audits of all entities receiving funds and mandates detailed budget submissions to the city for approval before disbursement.

Funds are dedicated solely for economic development, community development, tourism expansion, park improvements, and student-related activities at Mississippi State University.