U.S. SENATE – U.S. Senator Martha McSally (R-AZ) introduced legislation on Monday encouraging Americans to support the tourism industry following the COVID-19 pandemic. The bill, called the American TRIP Act, would provide tax credits to Americans who spend money on lodging, entertainment, and other expenses related to travel in the United States and its territories. Additionally, the bill provides funding for Destination Marketing Organizations (DMOs) to promote the travel and tourism industry across the nation.
In the State of Arizona, travel and tourism account for more than $3 billion in tax receipts and employs in total more than 180,000 people. As a result of the economic downturn due to the coronavirus, this sector is experiencing one of the highest unemployment rates, which was over 35 percent in May.
“The tourism and hospitality industries were among the hardest hit sectors across the country and their revival is critical to our economic recovery,” McSally said. “Arizona has lost billions in revenue this year alone due to the pandemic. My legislation will help boost domestic travel and jumpstart the comeback of our hotels, entertainment sectors, local tourism agencies, and the thousands of businesses that make Arizona one of the best places in the world to visit. It will also encourage Americans to safely get out of their homes and discover or rediscover Arizona along with the rest of the amazing destinations our country has to offer after a difficult several months stuck inside. I look forward to working with both sides of the aisle in the Senate and House to restart an important part of the economy by passing this bill.”
Read the bill text HERE.