On May 29, Mississippi Governor Phil Bryant signed into law
The Tourism Promotion Act
, which creates a
permanent funding source for tourism by dedicating 1% of total revenue collected from restaurant and hotel sales tax revenues statewide for tourism marketing beginning in fiscal year 2020. These funds will be used to enhance available tourism advertising dollars at Visit Mississippi (MDA).
The funding allocation will increase to 2% in fiscal year 2021 and to 3% in fiscal year 2022. For each year thereafter, the tourism allocation will remain at 3%.
The Tourism Promotion Act
also creates a tourism advisory board, comprised of local and regional tourism professionals, to strengthen the industry’s cooperative marketing efforts. The board members will be appointed by the Governor in January 2020 and serve concurrently with the Governor.
At the introduction of the legislation, Senate Tourism Committee Chair Lydia Chassaniol noted, “We have long sought a permanent funding solution for tourism advertising that is based on performance. The funding in this bill is simple – the more visitors we are able to bring to Mississippi, the more restaurant and hotel sales tax revenue will be generated to the state, and thus the more money we’ll make available for us to advertise. It’s a great incentive to work smart to bring more people to visit our great state and spend their tourism dollars in Mississippi’s economy,”
The enactment of
The Tourism Promotion Act
is the culmination of a sustained advocacy effort by the Mississippi Tourism Association, which united all segments of the hospitality industry to ensure the state is able to promote itself in the competitive destination market.