Extends repealer on hotel and motel tax in Laurel, Mississippi, to promote tourism.
The bill extends the repealer on the authority for the City of Laurel, Mississippi, to levy a tax on hotels and motels to promote tourism. The tax, not exceeding 3% of gross proceeds from room rentals, is earmarked for tourism promotion activities. The tax can only be levied if approved by a majority vote in an election. The tax proceeds, minus a 3% collection fee, are paid to the city monthly. The act will be repealed on July 1, 2036.
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