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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