MS HB1503 | 2022 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on April 5 2022 - 100% progression
Action: 2022-04-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Authorize The Governing Authorities Of The City Of Olive Branch, Mississippi, To Levy A Tax Upon The Gross Sales Of Hotels And Motels Derived From Room Rentals For The Purposes Of Tourism And Parks And Recreation; To Provide For An Election On Whether The Tax May Be Levied; For The Purposes Of Tourism And Parks And Recreation, To Authorize The City To Issue General Obligation Bonds Or Incur Other Indebtedness In An Aggregate Principal Amount Not In Excess Of An Amount For Which Debt Service Is Capable Of Being Funded By The Proceeds Of The Special Sales Tax Levied Under This Act; And For Related Purposes.

Tracking Information

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Title

City of Olive Branch; authorize 1% tax on hotels and motels and issuance of bonds for tourism, parks and recreation.

Sponsors


History

DateChamberAction
2022-04-05HouseDied In Committee
2022-01-17HouseReferred To Local and Private Legislation

Mississippi State Sources


Bill Comments

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