Jackson County; authorize to establish public improvement district with power to levy retail assessment.

This bill authorizes Jackson County, Mississippi, to establish a public improvement district that can levy a retail assessment on businesses within the district. The district would be created to fund projects connected to private developments of at least $70 million, with the retail assessment capped at one percent of gross sales and certain retail food sales. Businesses in the district would collect this assessment from customers at the point of sale, and the funds would be used for project costs, debt service, or reimbursing developers under agreements lasting up to 30 years. Before the assessment can be imposed, an election must be held, and the district must maintain separate accounts with annual audits to ensure proper financial management.