Mississippi House Bill 147 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 31 2017 - 100% progression
Action: 2017-01-31 - 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 25-65-75, 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]

Date	Chamber	Action
2017-01-31	House	Died In Committee
2017-01-03	House	Referred To Revenue and Expenditure General Bills

Type	Source
Summary	https://billstatus.ls.state.ms.us/2017/pdf/history/HB/HB0147.xml
Text	https://billstatus.ls.state.ms.us/documents/2017/html/HB/0100-0199/HB0147IN.htm