MS HB1583

Authorizes the City of Durant, Mississippi governing authorities to levy a tax of up to 2% on the gross proceeds of sales from restaurants operating within city limits.

Requires an election where at least 60% of qualified city electors must vote in favor before the tax can be imposed, with notice published for three consecutive weeks prior to the vote.

Tax revenue must be collected by the Department of Revenue using state sales tax procedures and paid to the city by the 15th of the following month, with proceeds placed in a special fund dedicated solely to promoting tourism and parks and recreation.

Requires separate accounting and annual independent audits of tax revenue, with audit expenses paid from the collected funds.

Automatically repeals on July 1, 2027.