Bill > SB2925

This bill extends the repeal date for the City of Starkville's economic development, tourism, and convention tax from June 30, 2026, to June 30, 2030. This tax, which is a 2% levy on the gross income of restaurants within the city, was originally established to fund various initiatives, including economic and community development through the Oktibbeha County Economic Development Authority (EDA), tourism and convention promotion by the Visitors and Convention Council (VCC), economic development projects by the city itself, improvements to Starkville parks, and student-related activities at Mississippi State University. The bill clarifies definitions for terms like "City" (Starkville), "EDA," "Fiscal year," "Governing authority" (Mayor and Board of Aldermen), "Gross income," "Restaurant," "Starkville parks," and "VCC," and outlines the process for imposing the tax, which requires a resolution by the governing authority and approval by a majority of qualified electors in an election. The bill also details the distribution of tax proceeds among the EDA, VCC, city, Starkville parks, and Mississippi State University, and establishes requirements for budgeting, record-keeping, and annual audits of the entities receiving these funds.

Government Affairs

https://billstatus.ls.state.ms.us/2026/pdf/history/SB/SB2925.xml