MISSISSIPPIAdopted LEGISLATURECOMMITTEE REGULARAMENDMENT SESSIONNO 20221 By:PROPOSED TO Senate Bill No.

Senator(s)2155 BarnettBY: To:

LocalCommittee Amend by striking all after the enacting clause and Private;inserting in lieu thereof the following:

Finance COMMITTEE SUBSTITUTE FOR SENATE BILL NO.

2155 + AN ACT TO AUTHORIZE THE GOVERNING AUTHORITIES OF THE CITY OF LAUREL, MISSISSIPPI, TO LEVY A TAX UPON THE GROSS PROCEEDS OF SALES OF HOTELS AND MOTELS DERIVED FROM ROOM RENTALS FOR THE PURPOSE OF GENERATING REVENUE TO PROMOTE TOURISM;

TO REQUIRE THAT AN ELECTION BE HELD ON THE QUESTION OF WHETHER THE TAX MAY BE LEVIED;

TO AUTHORIZE THE CITY TO PERFORM CERTAIN OTHER ACTIONS AS NECESSARY TO EFFECTUATE THE PURPOSES OF THIS ACT;

TO AUTHORIZE THE CITY TO DISCONTINUE THE TAX BY RESOLUTION, PROVIDED THERE IS NO INDEBTEDNESS OR OBLIGATION OUTSTANDING UNDER THIS ACT;

AND FOR RELATED PURPOSES.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

22/HR12/SB2155A.J *HR12/SB2155A.J* P(OM/AM) (d) "Hotel" or "motel" means any establishment engaged in the business of furnishing or providing rooms intended or S.designed for dwelling, lodging or sleeping purposes to transient guests on a daily, weekly or monthly basis and located within the limits of the city.

B.

No.

2155 *SS08/R761CS* ~ OFFICIAL ~ L3/5 22/SS08/R761CS PAGE 1 designed for dwelling, lodging or sleeping purposes to transient guests on a daily, weekly or monthly basis and located within the limits of the city.

(f) "Tax" means the taxestax authorized by Section 2 of this act.

(1) For the purpose of providing funds to promote tourism in the city, including, but not limited to, staffing, leasing, purchasing, building, constructing, improving and renovating facilities for tourism, providing public safety to promote tourism, and funding advertising and marketing campaigns to promote and enhance tourism, the governing authorities are authorized, in their discretion, to levy, assess and collect from every person or entity operating a hotel or motel, in addition to all other taxes currently being levied, assessed and collected, a tax not to exceed three percent (3%) of the followinggross taxes:proceeds of sales of room rentals for each such hotel or motel.

(a)22/HR12/SB2155A.J A*HR12/SB2155A.J* taxP(OM/AM) not(2) toPersons exceedor oneentities percentliable (1%)for the tax shall add the amount of the grosstax proceedsto ofthe sales price and shall collect the amount of roomthe rentalstax fordue eachby suchthem hotelfrom orthe motel;person receiving the services at the time of payment.

and S.

B.

No.

2155 *SS08/R761CS* ~ OFFICIAL ~ 22/SS08/R761CS PAGE 2 (b) A tax of One Dollar ($1.00) per day for each occupied hotel or motel room.

(2) Persons or entities liable for the tax shall add the amount of the tax to the sales price and shall collect the amount of the tax due by them from the person receiving the services at the time of payment.

All qualified electors of the city may vote, and the ballots used in the election shall have printed thereon a brief statement of the amount and purposes of the proposed tax levy and the words "FOR THE TOURISM PROMOTION TAX" and, on a separate line, "AGAINST THE TOURISM PROMOTION TAX," and the voters shall vote by placing a S.cross (X) or check (✓)opposite their choice on the proposition.

B.After the results of the election have been canvassed and 22/HR12/SB2155A.J *HR12/SB2155A.J* P(OM/AM) certified, the city may levy the tax if a majority of the qualified electors who vote in the election vote in favor of the tax.

No.

2155 *SS08/R761CS* ~ OFFICIAL ~ 22/SS08/R761CS PAGE 3 cross (X) or check (✓)opposite their choice on the proposition.

After the results of the election have been canvassed and certified, the city may levy the tax if a majority of the qualified electors who vote in the election vote in favor of the tax.

(4) The records reflecting the receipts and expenditures of the revenue from the tax shall be audited annually by an S.independent certified public accountant, and the accountant shall make a written report of his audit to the governing authorities.

B.22/HR12/SB2155A.J *HR12/SB2155A.J* P(OM/AM) The audit shall be made and completed as soon as practicable after the close of the fiscal year, and expenses of the audit may be paid from the funds derived from the tax authorized in this act.

No.

2155 *SS08/R761CS* ~ OFFICIAL ~ 22/SS08/R761CS PAGE 4 independent certified public accountant, and the accountant shall make a written report of his audit to the governing authorities.

The audit shall be made and completed as soon as practicable after the close of the fiscal year, and expenses of the audit may be paid from the funds derived from the tax authorized in this act.

and (f) To exercise activities related to promoting tourism in the city, including, but not limited to, preparing marketing S.and advertising campaigns and marketing and staging events to promote tourism in the city.

B.22/HR12/SB2155A.J *HR12/SB2155A.J* P(OM/AM) SECTION 6.

No.

2155 *SS08/R761CS* ~ OFFICIAL ~ 22/SS08/R761CS PAGE 5 and advertising campaigns and marketing and staging events to promote tourism in the city.

SECTION 6.

S.Further, amend by striking the title in its entirety and inserting in lieu thereof the following:

B.AN ACT TO AUTHORIZE THE GOVERNING AUTHORITIES OF THE CITY OF LAUREL, MISSISSIPPI, TO LEVY A TAX IN AN AMOUNT NOT TO EXCEED THREE PERCENT UPON THE GROSS PROCEEDS OF SALES OF HOTELS AND MOTELS DERIVED FROM ROOM RENTALS FOR THE PURPOSE OF GENERATING 22/HR12/SB2155A.J *HR12/SB2155A.J* P(OM/AM) REVENUE TO PROMOTE TOURISM;

No.TO REQUIRE THAT AN ELECTION BE HELD ON THE QUESTION OF WHETHER THE TAX MAY BE LEVIED;