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MS HB396
Bill
Status
3/8/2023
Primary Sponsor
Rob Roberson
Click for details
AI Summary
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Extends the Mississippi Development Authority's (MDA) deadline to issue certificates for tourism project sales tax incentive program participation from July 1, 2023 to July 1, 2026
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Requires applicants to pay a $5,000 application fee and submit plans, project descriptions, financing details, and an independent study on anticipated out-of-state visitor numbers
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Cultural retail attractions remain ineligible for new certificates, with that category's deadline having expired on July 1, 2014
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MDA must arrange for a cost-benefit analysis of tourism projects by a state institution of higher learning, the University Research Center, or another MDA-approved entity
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Contains a contradictory repeal clause stating the act shall stand repealed on June 30, 2023, despite having an effective date of July 1, 2023
Legislative Description
Tourism Project Sales Tax Incentive Program; extend authority of MDA to approve participants for projects.
Last Action
Died On Calendar
3/8/2023