SB2929

Extends the repeal date of the hotel and motel room rental tax in Horn Lake, Mississippi.

Mississippi Senate Bill 2929 extends the repeal date of the hotel and motel room rental tax in the City of Horn Lake. The tax, which is used to promote tourism and economic development, was initially set to be repealed after July 1, 2036. This bill delays the repeal, allowing the tax to continue being levied and collected. The tax applies to overnight room rentals in hotels and motels, excluding certain charges. The tax revenue is to be placed in a special fund and used strictly for the purposes prescribed.