MS HB4115

Authorizes the City of Durant, Mississippi governing authorities to levy a tax of up to 3% on gross proceeds of restaurant sales for tourism promotion and parks and recreation.

Requires a resolution and public election before the tax can be imposed, with at least 60% of qualified electors voting in favor and notice published weekly for three consecutive weeks.

Tax collected by the Department of Revenue using the same procedures as state sales taxes, with revenue paid to the city monthly (minus administrative retention) and deposited into a separate special fund.

Requires separate accounting and annual independent audit of tax revenue, which must be expended solely for tourism and parks and recreation purposes and cannot be considered general fund revenue.

Tax authority expires July 1, 2028, unless extended by subsequent legislation.