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Bill > HB1090
MS HB1090
MS HB1090Tourism project sales tax incentive program; revise definition of "tourism project," extend authority of MDA to approve participants.
summary
Introduced
02/17/2020
02/17/2020
In Committee
02/28/2020
02/28/2020
Crossed Over
02/26/2020
02/26/2020
Passed
Dead
06/17/2020
06/17/2020
Introduced Session
2020 Regular Session
Bill Summary
An Act To Amend Section 57-26-1, Mississippi Code Of 1972, To Revise The Definition Of The Term "tourism Project" For Purposes Of The Tourism Project Sales Tax Incentive Program; To Amend Section 57-26-5, Mississippi Code Of 1972, To Extend Until July 1, 2023, The Authority Of The Mississippi Development Authority To Issue Certificates Designating An Entity As An Approved Participant And Authorizing The Approved Participant To Participate In The Tourism Project Sales Tax Incentive Program; And For Related Purposes.
AI Summary
This bill revises the definition of "tourism project" for the purposes of the Tourism Project Sales Tax Incentive Program in Mississippi. It extends the authority of the Mississippi Development Authority (MDA) to issue certificates designating an entity as an approved participant and authorizing the approved participant to participate in the program until July 1, 2023. The bill adds specific counties and districts where the minimum private investment per guest room or suite for a full-service hotel tourism project can be lower than the general requirement. It also makes a technical correction to remove an unnecessary word from the existing law.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Died On Calendar (on 06/17/2020)
Official Document
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