HB 205 -- TOURISM SUPPLEMENTAL REVENUE FUND

SPONSOR:  Marsh

COMMITTEE ACTION:  Voted "do pass by consent" by the Special
Committee on Tourism by a vote of 11 to 0.

Currently, the Division of Tourism Supplemental Revenue Fund will
expire on June 30, 2010.  This bill extends the expiration date
to June 30, 2015.

FISCAL NOTE:  No impact on state funds in FY 2008, FY 2009, and
FY 2010.

PROPONENTS:  Supporters say that the Division of Tourism is
funded exclusively by the revenue in the Tourism Supplemental
Revenue Fund; and if it expires, there will be no funding for
tourism in Missouri.  Tourism is very important to Missouri's
economy.  There's a direct correlation between tourism dollars
and state revenue.  When tourism dollars go up, state revenue
increases.  When tourism dollars go down, state revenue
decreases.  For every $1 invested in tourism, the state receives
at least $2.80 in revenue.

Testifying for the bill were Representative Marsh; Division of
Tourism, Department of Economic Development; Missouri Travel
Council; Missouri Association of Convention and Visitor Bureaus;
Missouri Chamber of Commerce and Industry; and Missouri Hotel and
Lodging Association.

OPPONENTS:  There was no opposition voiced to the committee.

Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:18 am