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The Act would create a 15-member board to develop plans and budgets that could range between $10 million and $100 million. Both Nevada Senators Reid and Ensign insist that the project "will not cost taxpayers a dime."
Funding of the corporation is to come from both private donations and a $10 user fee imposed on inbound international travelers who do not pay for a visa to enter the US.
The Travel Promotion Act is expected to "jump-start America ‘s struggling economy and create thousands of new jobs, attracting millions of additional international travelers to the United States," US Travel Association president Roger Dow had said in a recent statement.
The US Travel Association, the non-profit organization representing all components of the $770 billion travel industry in the country, also noted that unlike other developed nations, the United States does not promote tourism to attract visitors.
"If the US kept pace with trends in global overseas travel, it would have had an additional $137 billion in visitor spending, $22 billion in tax receipts and 229,000 jobs," it said. The association said a formal corporation handling travel promotion will shore in much needed revenues to the country.
But Sen. Reid said the Travel Promotions Act will benefit Nevada as well. "Of course as the number of tourists coming to the United States increases, so will the number of people who will visit Nevada," he said.
"We will get more benefits than any (other) state in the union," he added, in a statement issued last June 22.
The senator noted that more than more than 230,000 Nevada jobs depend on tourism. Since it has no state income tax, Nevada ’s budget relies heavily on revenues generated from the tourism industry.
( Published on July 2, 2009 in Asian Journal Las Vegas p. A1 )
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