HB 383 Summary

• Allows taxpayers a credit against vehicle rental tax equal to cash contributions made to the Alaska tourism marketing fund.

• Establishes the Travel Alaska Board with 21-25 voting members appointed by the governor to conduct destination marketing programs and oversee tourism industry promotion.

• Authorizes the board to levy assessments on tourism businesses at rates from 0% to 2% of gross revenue related to assessed tourism segments, subject to approval by weighted vote of affected businesses.

• Creates the Alaska tourism marketing fund to receive assessment revenues and donations, with funds appropriated by the legislature for board operations and marketing plan execution.

• Assessments automatically terminate after 6 years unless extended by voter approval; the board must submit annual reports to the governor and legislature on activities, finances, and marketing plans.