An alliance of more than 30 organizations in the travel and tourism industry nationwide has applauded the veto of Governor Jared Polis on a bill that would have damaged the travel economy in Colorado.
The bill, Senate Bill 26-13, would have implemented a new electronic payment system for businesses statewide.
The U.S. Tourism Economy Alliance released the following statement on Wednesday after Governor Polis vetoed the bill:
“Communities, small businesses, and workers dependent on Colorado’s strong tourism economy owe Gov. Polis a debt of gratitude for stopping this economically damaging bill.
“The legislation would have required expensive new payment processing systems, created significant uncertainty for businesses, and ultimately driven higher costs for consumers in Colorado and across the country. It also put at risk the credit card rewards programs that bring more than 740,000 domestic visitors to Colorado each year, generating hundreds of millions of dollars in economic activity and supporting more than 9,000 jobs statewide.
“Governor Polis recognized the risks this proposal posed to Colorado’s economy and acted to protect the workers, businesses, and communities dependent on a strong travel and tourism industry. We are grateful for his leadership.” – U.S. Tourism Economy Alliance
About the U.S. Tourism Economy Alliance
The U.S. Tourism Economy Alliance (USTEA) connects policymakers with the people, places, and businesses that power America’s travel and tourism economy.
Our mission is to protect one of America’s most powerful economic engines: travel and tourism. We bring together voices from across the industry to ensure lawmakers understand its vital role and how unintended policy consequences can harm the communities, businesses, and jobs that depend on it.