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Idaho Department of Commerce plans to increase spending on tourism

Idaho is collecting more money than expected from its 2 percent travel and convention tax, and the Idaho Department of Commerce is asking the Legislature for authority to spend it.

The Department of Commerce had budgeted for a 7 percent annual increase in revenue raised from the tax between 2014 and 2017, but real revenue growth has been between 8 percent and 14 percent every year, according to Megan Ronk, director of the Department of Commerce.

The travel and convention tax is applied to hotel rooms, private campgrounds, vacation rentals and other short-term lodging options.

By: Benton Alexander Smith

Full Story: http://idahobusinessreview.com/2017/01/20/department-of-commerce-plans-to-increase-spending-on-tourism/

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