MS SB2521

Extends the repeal date of Chapter 906, Local and Private Laws of 2019, which authorizes the Town of Carrollton to levy a tax on restaurant gross proceeds of sales from July 1, 2023, to July 1, 2027.

Allows the Town of Carrollton's governing authorities to levy a tax not to exceed 2% on the gross proceeds of restaurant sales to fund tourism and parks and recreation programs.

Requires voter approval through an election with at least 60% of qualified electors voting in favor before the tax can be imposed.

Mandates that tax revenue be collected by the Department of Revenue using state sales tax procedures and deposited into a special fund separate from the general fund, with annual independent audits required.

Specifies that tax proceeds must be expended exclusively for tourism promotion and parks and recreation purposes as outlined in the authorizing statute.