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IN SR0106

Resolution

Status

Passed

4/26/2013

Primary Sponsor

Richard Young

Click for details

Origin

Senate

2013 Regular Session

AI Summary

  • Urges the Legislative Council to assign a study committee to examine increasing Indiana's tourism marketing budget

  • Study committee to research how other states fund tourism marketing campaigns, evaluate their success, and determine if Indiana could benefit from similar strategies

  • Current Indiana tourism budget is $1.7 million (after $500,000 grant to Sports Corporation), with proposed legislation cutting it to $700,000, while surrounding states invest an average of $17.9 million annually

  • Economic studies show every dollar invested in promoting Indiana generates $38 in visitor spending and $1.90 in state sales tax revenue

  • Prior to the recession, Indiana had a $5 million tourism budget; surrounding states have since increased their budgets while Indiana decreased, putting the state at a competitive disadvantage

Legislative Description

Study committee on increasing Indiana's tourism marketing budget.

Last Action

First reading: adopted voice vote

4/26/2013

Full Bill Text

No bill text available