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House Co-Sponsorship Memoranda
House of Representatives
Session of 2015 - 2016
Regular Session
MEMORANDUM
| Posted: | December 22, 2014 02:54 PM |
|---|---|
| From: | Representative Thomas P. Murt |
| To: | All House members |
| Subject: | Tourism Tax Credit |
| I am planning to reintroduce former Rep. Jerry Stern's legislation from last session establishing 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's been a great success: Tourism has a $39 billion annual economic impact, supporting over 450,000 jobs and generating $4 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. Previous cosponsors: BOBACK, CAUSER, LONGIETTI, KORTZ, MOUL, O'BRIEN, READSHAW, KAUFFMAN, GROVE, MILLARD, HARKINS, SAINATO, GINGRICH, FABRIZIO, GIBBONS, FREEMAN and KIRKLAND |
Introduced as HB204