MS SB2248

Authorizes the City of Amory to levy a 3% tax on gross proceeds of hotel and motel room rentals and restaurant sales, in addition to existing taxes.

Tax revenue, minus 3% retained by the Department of Revenue for collection costs, must be dedicated solely to promoting tourism and parks and recreation.

Requires the City of Amory to adopt a resolution, publish notice for at least three consecutive weeks, and hold an election where 60% of qualified electors must vote in favor before the tax can be imposed.

Requires separate accounting and annual independent audits of tax revenues and expenditures, with budget approval by city governing authorities before spending proceeds.

Replaces previous local law effective July 1, 2023, and expires on July 1, 2028.