Bill > SB1000

This bill modifies the Tourism Supplemental Revenue Fund by establishing it as a new fund in the state treasury, which will receive money appropriated by the general assembly, as well as any gifts, contributions, grants, or bequests from various sources, and the state treasurer will administer it. The fund's money will be used by the division of tourism within the department of economic development to perform its legal duties, and any money remaining in the fund at the end of a biennium will not be returned to the general revenue fund. Additionally, the bill requires the division of tourism to present its promotional marketing strategies, including targeted markets, duration of plans, subsequent strategies, and estimated investment returns, to specific legislative committees before any funds are appropriated from the supplemental revenue fund.