Town of Oakland; extend repeal date on tax on restaurants and prepared food at convenience stores.

HB 1999 extends the expiration date of a local tax in Oakland, Mississippi, from July 1, 2026, to July 1, 2030. This tax applies to restaurants and convenience stores selling prepared food, with revenues dedicated exclusively to funding tourism, parks, and recreation projects within Oakland. Oakland’s governing authorities must hold a voter election (requiring 60% approval) before implementing the tax. The bill maintains existing funding mechanisms for community amenities without altering the tax rate (2% on sales) or collection process.