SB2926

Mississippi SB2926 extends the repeal date of the hotel/motel tourism tax in Richland, Mississippi.

Mississippi SB2926 amends the Local and Private Laws of 2018, as amended by 2022 laws, to extend the repeal date of the hotel/motel tourism tax in Richland, Mississippi. This 3% tax on room rentals from hotels and motels within the city is intended to promote tourism and parks and recreation. The tax proceeds are to be paid to the city and are to be kept in a separate fund from the city's general fund. The tax can be discontinued by the city's governing authorities if they adopt a resolution and notify the Department of Revenue.