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• Introduced by Rep. Arnold Simpson (D) on February 21, 2006, to allow an approved tourism development project that has been in operation for a minimum of three years to apply to the Tourism Development Authority to increase the term of the agreement, the rate of sales tax refund, and the percentage of approved costs that may be recovered.
  • Referred to the House Tourism Development and Energy Committee on February 22, 2006.
  • Substitute offered in the House on March 2, 2006, to allow an approved attraction that has been in operation for a minimum of three years to apply to the authority for an extension of the term of the agreement. The substitute would allow the authority to extend the term of the agreement by a maximum of ten years. The substitute would require the secretary to establish standards for the determination of approval. The substitute would require a report by an independent consulting firm that includes an analysis of the required data and a determination that the project meets the minimum requirements. The substitute would require the applicant to pay for the cost of the consultant's report and would require the secretary to provide a written recommendation to the authority. The substitute would allow the authority, by resolution, to make a final determination on the application. The substitute would require that the applicant attract a minimum of 50% of visitors from out of state.
  • Referred to the House Appropriations and Revenue Committee on March 6, 2006.