MS SB3221

Authorizes the City of Ridgeland governing authorities to levy a 1% tax on gross proceeds of restaurant sales and a 2% tax on gross proceeds of hotel and motel room rentals.

Defines "restaurant" as establishments with annual gross proceeds of at least $100,000 and "hotel/motel" as lodging facilities with more than 10 rental units that accommodate transient guests.

Requires an election on the first Tuesday after the first Monday in November 2024, with 60% voter approval needed to implement the special tax; notice must be published for at least three consecutive weeks.

Dedicates all tax proceeds exclusively to capital improvements for the enhancement of Freedom Ridge Park, Phase II, with separate accounting and annual independent audits required.

Tax automatically repeals upon final payment for the Freedom Ridge Park Phase II improvements; Department of Revenue collects and remits funds by the 15th of the following month.