Town of Raleigh; extend repealer on tax on sales of restaurants for promotion of tourism and parks and recreation.

This bill extends the expiration date of a local tax in the Town of Raleigh, Mississippi, from July 1, 2022, to July 1, 2030. The tax allows the town's governing authorities to collect up to 2% of gross sales from restaurants to fund tourism and parks and recreation projects. Implementation requires a public election where at least 60% of voters must approve the tax before it can be enforced. Restaurants must add the tax to sales prices and remit collected funds to the state Department of Revenue, which then forwards the money to the town for designated uses. The bill also mandates separate accounting and annual audits for the tax revenue to ensure it is used only for its intended purposes.