MS SB2663

Extends the repeal date of the hotel, motel, and restaurant tax authorization for the City of Carthage from 2024 to July 1, 2028.

Authorizes the city to levy a tax of up to 2% on gross proceeds from hotel and motel room rentals and up to 2% on restaurant sales, with revenue dedicated to recreation and tourism facilities.

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

Designates the Department of Revenue to collect the tax using state sales tax procedures, retaining 3% for collection costs and remitting remaining funds to the city by the 15th of the following month.

Allows the city to issue general obligation bonds for recreation and tourism projects, with debt service funded by the special sales tax proceeds, exempt from state indebtedness limitations.