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1999 SESSION

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HB 2702 Tourism Authority Act.

Introduced by: Thelma S. Drake | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Virginia Tourism Authority Act. Creates the Virginia Tourism Authority to, among other things, issue periodicals and carry and charge for advertising therein; raise money in the corporate, nonprofit, and nonstate communities to finance the Authority’s activities; support and encourage each locality to foster its own tourism development programs; enter into agreements with public or private entities that provide participating funding to establish and operate tourism centers, funded jointly by the entity and the authority, as shall be determined by the Executive Director, and as approved by the Authority; encourage, stimulate, and support tourism in the Commonwealth by promoting, marketing, and advertising the Commonwealth’s many tourist attractions and locations; encourage, stimulate and support the film industry in the Commonwealth; and do all things necessary or proper to administrate and manage the Governor’s Motion Picture Opportunity Fund. All rights of the Authority shall be exercised by a board of directors consisting of the Secretary of Commerce and Trade, the Secretary of Finance, and eleven members appointed by the Governor, subject to confirmation by the General Assembly. The bill also provides for the Governor to appoint the Executive Director of the Authority, who shall serve as the President and chief executive officer of the Authority. The Executive Director shall report to, but not be a member of, the Board of Directors. Under the bill, the Authority is granted an exemption from the Public Procurement and Personnel Act, as well as being exempt from taxation. The newly created Authority will perform the tourism functions currently exercised by the Virginia Economic Development Partnership Authority.


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