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Bill

Bill

SB 2929

City of Horn Lake; extend the repeal date on the tax on hotel and motel room rentals.

2026 Regular Session

Horn Lake extends expiration date on hotel/motel room rental tax to maintain municipal revenue stream beyond original scheduled elimination.

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Bill Summary · SB 2929

Legislative bill overview

SB 2929 extends the repeal date for Horn Lake's hotel and motel room rental tax, allowing the city to continue collecting this revenue source beyond its previously scheduled expiration. The bill effectively maintains the existing tax structure rather than eliminating it as originally planned.

Why is this important

Hotel and motel taxes are a primary revenue mechanism for many municipalities, funding infrastructure, tourism promotion, and local services. By extending the repeal date, Horn Lake preserves funding for these programs without requiring new legislative action or alternative revenue sources at the moment of the original expiration.

Potential points of contention

  • Impact on tourism competitiveness: Extended or permanent hotel taxes may affect visitor costs and Horn Lake's attractiveness compared to nearby jurisdictions without such taxes
  • Revenue dependency: The city becomes further entrenched in relying on this specific tax stream, potentially complicating future budget flexibility or making it harder to adjust rates
  • Lack of transparency on new expiration date: The bill title doesn't specify what the new repeal date is, raising questions about whether this becomes a de facto permanent tax or if it faces future reconsideration

Compiled from official sources — confirm details with the bill’s official record.

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