City of Ripley; extend repeal date on hotel/motel and restaurant tax.

HB 4005 extends the expiration date of Ripley, Mississippi’s existing 2% tax on hotel/motel room rentals and restaurant sales from October 1, 2026, to October 1, 2030. This tax, which requires voter approval via a 60% majority in a local election, funds tourism promotion, economic development, and park/recreation facilities. It applies to hotels/motels with six or more rooms and restaurants operating within Ripley. The tax must be collected separately from general city funds, with proceeds dedicated solely to the specified purposes and reported annually.