§ 1722-A.2. Sports, Marketing and Tourism Account
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: December 13, 2023
Effective: December 13, 2023
72 P.S. § 1722-A.2
§ 1722-A.2. Sports, Marketing and Tourism Account
(a) Establishment.--The Sports, Marketing and Tourism Account is established in the Pennsylvania Gaming Economic Development and Tourism Fund as a restricted account. The purpose of the account shall be to attract high-quality, amateur and professional sporting and esports events to this Commonwealth for the purposes of advancing and promoting year-round tourism, economic impact and quality of life through sport and to promote business, tourism and tourism activities within this Commonwealth.
(2) Establish procedures for eligible applicants to apply for financial assistance from the account. Nothing in this article shall be construed to prohibit an eligible applicant from receiving an award for each separate high-quality amateur or professional sporting and esporting event for which the applicant has submitted an application.
(ii) The costs of conducting the event at the venue, including costs of an improvement or renovation to an existing facility at the venue. The financial assistance under this section shall be limited to 20% of the total cost of an improvement or renovation to an existing facility, except if the facility is publicly owned.
(2) The department may use up to $10,000,000 in the form of single or multiyear awards to an eligible applicant for costs related to the preparation necessary for conducting an international sporting event, including costs associated with the event venue, promotion, advertising, site rentals, infrastructure upgrades, on-site hospitality, community engagement programming across this Commonwealth and public safety planning and improvements.
(2) Paragraph (1) shall not prohibit a disbursement from the account for the construction of temporary structures within an arena, stadium or indoor or outdoor venue where the sporting event will be conducted that are necessary for the conduct of an event or temporary maintenance of a facility that is necessary for the preparation for or conduct of an event.
Credits
1929, April 9, P.L. 343, No. 176, art. XVII-A.2, § 1722-A.2, added 2022, July 11, P.L. 540, No. 54, § 25, imd. effective. Amended 2023, Dec. 13, P.L. 251, No. 34, § 16, imd. effective.
72 P.S. § 1722-A.2, PA ST 72 P.S. § 1722-A.2
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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