Meadville, Mississippi, can impose a 3% tax on hotels, motels, and bed and breakfasts to fund tourism and parks and recreation.
The bill allows the Town of Meadville, Mississippi, to levy a 3% tax on gross proceeds from room rentals at hotels, motels, and bed and breakfasts, excluding rentals of 30 days or longer. The tax requires approval from 60% of qualified electors in a local election. The tax revenue, minus 3% for collection costs, will be dedicated to promoting tourism and parks and recreation. The tax will be collected by the Department of Revenue and must be accounted for separately from other town funds. The tax will be repealed after July 1, 2030.
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