City of Petal; extend repealer on hotels, motels, bar and resturant tax.

HB 1643 extends the expiration date of a 3% tax on hotels, motels, bars, and restaurants in Petal, Mississippi, from July 1, 2025, to July 1, 2029. The tax applies to gross sales of these businesses and funds must be dedicated solely to tourism promotion and parks/recreation improvements in Petal. Businesses must collect the tax and remit it to the state Department of Revenue, with proceeds (minus 3% for collection costs) paid to Petal's governing authorities. The law requires a public referendum before implementation and mandates separate accounting for these tax funds. This bill modifies a 2021 law to maintain the tax structure for an additional four years.