PHILADELPHIA, September 14, 2017 – At the beginning of their fall session, City Council passed Bill No. 170468, introduced by Councilman Derek Green (At Large), that will enhance economic growth and expand job opportunities through the establishment of a tourism improvement district.
Backed by the Kenney administration and receiving unanimous support from members of Council, the bill creates the Philadelphia Hospitality Improvement Levy District Corporation, an improvement district that will help finance large events, like the upcoming Army-Navy game, funded by the assessment of an additional fee on hotel rooms.
The passage of this legislation provides an alternative source of revenue from the City’s General Fund, while preserving the attractiveness of Philadelphia’s tourism industry.
“We want to continue to stimulate Philadelphia’s booming job growth and make our City more attractive on all levels – in the commercial, industrial and residential realms – without depleting crucial funds necessary for other programs,” says Councilman Green. “This bill affords us that opportunity and will help us to maintain Philadelphia’s place as a world class destination. It enhances our capability to host such events as the World Meeting of Families and the DNC .”
The legislation takes effect immediately.
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Councilman Derek S. Green, Esquire is currently serving his first term as an At-Large member of Philadelphia City Council. Green is Chair of Council’s Committee on the Disabled and Persons with Special Needs. More information at phlcouncil.com/DerekGreen
