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Senate amends and passes tourism marketing performance fund bill tied to CPI
Summary
The Utah Senate amended and passed first substitute H.B. 22 to adjust tourism funding metrics, changing the benchmark to the Consumer Price Index or 3%, whichever is greater, and to refine NAICS-based measurement and cooperative matching provisions; vote was 26–0 with three absent.
The Utah Senate on Feb. 18 amended and passed first substitute H.B. 22, a bill that modifies how the Tourism Marketing Performance Fund measures and distributes incentive payments to the tourism industry.
Senator Vickers, sponsor of the bill, said the fund "has been very successful over the years" and outlined three changes: updating the NAICS-code weighting used to measure tourism-generated sales tax, creating a state cooperative match…
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