Bill > HB1999

This bill extends the repeal date for a tax on restaurants and convenience stores selling prepared food in the Town of Oakland, Mississippi, from July 1, 2026, to July 1, 2030. This tax, authorized by the town's governing authorities, is levied on the gross proceeds of sales and is intended to fund tourism, parks, and recreation within the town. The bill clarifies that "governing authorities" refers to the town's leadership, and defines "restaurant" and "convenience store" broadly to include all places selling prepared food and beverages for consumption, with specific exclusions for certain institutional facilities. The tax, not exceeding two percent, is collected by businesses and remitted to the Department of Revenue, which then forwards the proceeds to the town, after retaining a small percentage for collection costs. These funds are to be used exclusively for the specified purposes and accounted for separately from the town's general fund, with annual audits required. Before the tax can be imposed, the town must hold a public election, and if 60% of voters approve, the tax can be implemented after proper notification to the Department of Revenue.

Government Affairs

https://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB1999.xml