MS SB3057

Extends the repeal date of Booneville's hotel, motel, and restaurant sales tax from July 1, 2021 to July 1, 2029

Authorizes the city to levy an additional sales tax of up to 2% on hotel and motel room rentals and restaurant sales, with revenues dedicated to tourism, parks, and recreation promotion

Requires the Department of Revenue to collect the tax and remit proceeds to the city after retaining 3% to cover collection costs, with funds kept separate from the general fund

Mandates annual independent audits of tax receipts and expenditures, with audit reports submitted to the city's governing authorities and state legislators

Restricts tax revenue from being used for general fund purposes, private property, legal fees, or salaries related to tourism and parks promotion