Mississippi House Bill 1549 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 5-0)
Status: Failed on February 5 2013 - 100% progression
Action: 2013-02-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Create An Incentive For Persons, Corporations Or Other Entities To Repair And Renovate Hotels In This State; To Create The Hotel Renovation Projects Sales Tax Incentive Fund; To Authorize Certain Incentive Payments From Such Fund To Approved Participants That Incur Costs To Repair And Renovate Hotels In This State; To Provide That Incentive Payments Shall Cease On The Occurrence Of The Earlier Of The Date That An Aggregate Amount Of 20% Of The Approved Project Costs Incurred By An Approved Participant For A Project Has Been Paid To The Approved Participant Or 10 Years After The Date Of Commencement Of Incentive Payments To An Approved Participant For A Project; To Require The Mississippi Development Authority To Administer The Program; To Amend Section 27-65-75, Mississippi Code Of 1972, To Provide That 25% Of The Sales Tax Revenue Collected From The Operation Of A Project Related To The Rental Of Guest Rooms Or Suites And Conference Rooms Shall Be Deposited, After Certain Diversions, Into The Hotel Renovation Projects Sales Tax Incentive Fund; And For Related Purposes.

Hotel renovation projects sales tax incentive; authorize for certain projects.

Rep. Omeria Scott [D]	Rep. Mary Coleman [D]	Rep. Bryant Clark [D]	Rep. Esther Harrison [D]
Rep. Robert Huddleston [D]

Date	Chamber	Action
2013-02-05	House	Died In Committee
2013-01-21	House	Referred To Tourism;Ways and Means

Type	Source
Summary	https://billstatus.ls.state.ms.us/2013/pdf/history/HB/HB1549.xml
Text	https://billstatus.ls.state.ms.us/documents/2013/html/HB/1500-1599/HB1549IN.htm