Extends the repeal date of a tax on restaurants and prepared food at convenience stores in Oakland, Mississippi.
The bill extends the repeal date of a tax on restaurants and prepared food at convenience stores in Oakland, Mississippi, from July 1, 2026, to July 1, 2030. The tax, which is not considered general fund revenue, is dedicated to promoting tourism, parks, and recreation within the town. The proceeds are to be used for specified purposes and are subject to annual audits. The tax is collected by the governing authorities and must be approved by a vote of at least 60% of qualified electors.
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