Mississippi SB2844 would divert 2% of state sales tax revenue from activities at the Coast Coliseum and State Fairgrounds to respective funds for.
Mississippi SB2844 amends the state sales tax revenue distribution to divert 2% of the collected revenue from activities at the Mississippi Coast Coliseum and Convention Center into the Mississippi Coast Coliseum and Convention Trust Fund. This fund is intended to cover the costs of capital improvements or major repairs to the Coliseum and Convention Center. Additionally, the bill diverts 2% of the sales tax revenue from activities at the Mississippi State Fairgrounds into a special fund managed by the Department of Agriculture and Commerce.
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