City of Petal; extend repealer on hotel/motel and restaurant/bar tourism taxes.

SB 3058 extends the expiration date of Petal, Mississippi’s tourism-related taxes from July 1, 2025, to July 1, 2029. The bill preserves existing taxes on bars (up to 3% of alcohol/sales), restaurants (up to 3% of food/alcohol sales), and hotels/motels (up to 3% of room rentals) that fund tourism promotion, parks, and recreation. These taxes must be collected separately from general city funds, with audit requirements and a 60% voter approval threshold for implementation. The extension allows Petal to continue using these dedicated revenue streams for local tourism development through 2029.