|Posted:||January 28, 2013 01:38 PM|
|From:||Representative Jerry Stern|
|To:||All House members|
|Subject:||Creation of a State Tax Credit for Tourism|
|I plan on reintroducing HB 2640 of last session that would establish a $15 million tax credit to fund the marketing and promotion of Pennsylvania's second largest industry - tourism.
For more than five decades, state government has worked in partnership with local communities and the tourism industry to market Pennsylvania's many tourist attractions to out-of-state visitors. It has been a great success: Tourism has a $36 billion annual economic impact, supporting over 450,000 jobs and generating $3.6 billion in state and local taxes.
However, state support for tourism has dropped by 90% over the past several years. This has severely diminished our efforts to reach out to potential visitors. A tax credit could provide the funds needed and also generate a productive working partnership with private industry and local visitors' bureaus.
I appreciate your support for this legislation.
Introduced as HB1216