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IN SR0106
Resolution
AI Summary
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Urges the Legislative Council to assign a study committee to examine increasing Indiana's tourism marketing budget
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Study committee to research how other states fund tourism marketing campaigns, evaluate their success, and determine if Indiana could benefit from similar strategies
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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
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Economic studies show every dollar invested in promoting Indiana generates $38 in visitor spending and $1.90 in state sales tax revenue
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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