HB1855

Extends the repeal date of a hotel and motel tax in Laurel, Mississippi, from 2026 to 2036.

This bill amends the 2022 Local and Private Laws to extend the repeal date of a hotel and motel tax in the City of Laurel, Mississippi, from July 1, 2026, to July 1, 2036. The tax, which can be up to three percent of the gross proceeds of sales of room rentals, is intended to generate revenue for tourism promotion. The governing authorities must hold an election to determine if the tax will be levied, and if approved by a majority vote, the tax will be collected by the Mississippi Department of Revenue.