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MS HB1325

Bill

Official Source

Status

Passed

4/3/2023

Primary Sponsor

Lee Yancey

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Extends the repeal date of Brandon, Mississippi's 3% tax on hotel and motel room rental gross proceeds from July 1, 2030, to July 1, 2034
  • Tax revenue funds acquisition, construction, improvement, and repair of an amphitheater and related ancillary facilities in Brandon
  • City may pledge tax revenues to repay any authorized indebtedness incurred for the project
  • Tax requires voter approval with at least 60% of qualified electors voting in favor before implementation
  • Revenue must be placed in a separate special fund with annual independent audits and cannot be treated as general fund revenue

Legislative Description

City of Brandon; extend repealer on hotels/motel to fund amphitheater and other ancillary improvements.

Last Action

Approved by Governor

4/3/2023

Committee Referrals

Local and Private3/22/2023
Local and Private Legislation1/16/2023

Full Bill Text

No bill text available