Pennsylvania SB1392 amends hotel tax rates and establishes a revitalization initiative for downtown Pittsburgh.

Pennsylvania SB1392 increases the hotel room rental tax in second class and second class A counties. It establishes the Downtown Development Authority to promote economic development and tourism in downtown Pittsburgh. The bill creates the Downtown Revitalization Fund to finance downtown destination projects. The authority can issue bonds, use eminent domain, and enter into contracts for project operations. The fund can be used for up to 75% of the total cost of eligible projects. The bill also outlines the authority's governance, fiscal matters, and operational procedures.

Pennsylvania SB1392 amends hotel tax rates and establishes a revitalization initiative for downtown Pittsburgh.

Pennsylvania SB1392 increases the hotel room rental tax in second class and second class A counties. It establishes the Downtown Development Authority to promote economic development and tourism in downtown Pittsburgh. The bill creates the Downtown Revitalization Fund to finance downtown destination projects. The authority can issue bonds, use eminent domain, and enter into contracts for project operations. The fund can be used for up to 75% of the total cost of eligible projects. The bill also outlines the authority's governance, fiscal matters, and operational procedures.