Mississippi HB4183 revises the use of recreation and public improvement promotion tax proceeds in the City of Laurel.
Mississippi HB4183 amends the use of proceeds from the recreation and public improvement promotion tax in the City of Laurel. The bill specifies that the tax, which is levied on hotel and motel room rentals and retail sales of restaurants, will no longer fund certain projects as defined under Section 1(g)(ii) of the act. Instead, the tax proceeds will be dedicated for constructing, operating, and maintaining recreation facilities and improvements at the fairground complex. The bill also outlines the process for levying the tax and issuing bonds, including public notice and elections.
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- Core Provisions
- Implementation
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- Legal Framework
- Critical Issues
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