{"id":3476,"date":"2020-07-02T10:00:56","date_gmt":"2020-07-02T17:00:56","guid":{"rendered":"https:\/\/sandiegonewsdesk.com\/?p=3476"},"modified":"2020-07-01T17:20:23","modified_gmt":"2020-07-02T00:20:23","slug":"san-diego-city-councilman-chris-cate-promotes-american-trip-act-to-revive-tourism-in-san-diego","status":"publish","type":"post","link":"https:\/\/sandiegonewsdesk.com\/?p=3476","title":{"rendered":"San Diego City Councilman Chris Cate Promotes American TRIP Act to Revive Tourism in San Diego"},"content":{"rendered":"

Efforts to mitigate the economic impact of COVID-19 have increased in recent months, with states beginning to lift lockdown restrictions to allow for the reopening of nonessential businesses. Though these efforts have helped greatly in spurring an economic upturn, one industry has taken a hit that\u2019s been especially difficult for local and state governments to deal with.<\/span><\/p>\n

Tourism is a vital economic sector for hot destinations across the nation, San Diego being one of the biggest among them. It\u2019s the second-largest segment of our local economy, employing approximately 194,000 people and bringing in nearly $150 billion in revenue last year alone. The damage COVID-19 has caused is evident\u2014tens of thousands of jobs have been lost, and revenue needed to provide basic services to our city has sharply declined.<\/span><\/p>\n

Recently, Senator Martha McSally introduced the “American Tax Rebate and Incentive Program Act,” or the “American TRIP Act” for short. The bill would create a temporary, non-refundable tax credit for travel, lodging, entertainment, and other expenses in hopes of stimulating the tourism economy.<\/span><\/p>\n

“If passed, joint filers could receive a yearly <\/span>tax credit of $8,000 ($4,000 for individuals), as well as an additional $500 for dependent children for tax years 2020, 2021, and 2022,” said<\/a> San Diego City Councilman Chris Cate. “The bill provides $50 million for Destination Marketing Organizations to promote travel and tourism nationwide.”<\/span><\/p>\n

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NEWS | Chris Cate Supports National Legislation to Help Revive Tourism in San Diego: https:\/\/t.co\/4tHNbP1rsu<\/a>. "I am committed to ensuring that the @CityofSanDiego<\/a> is on its way to economic recovery &, if passed, the American TRIP Act would be an important piece to that puzzle." pic.twitter.com\/kHDeAvXdz8<\/a><\/p>\n

— Chris Cate (@chrisjcate) June 26, 2020<\/a><\/p><\/blockquote>\n