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Support for the Travel Industry

Floor Speech

Date: Nov. 20, 2020
Location: Washington, DC

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Mr. HORSFORD. Mr. Speaker, travel is by far the industry hardest hit by the ongoing fallout of the pandemic, accounting for 42 percent of all jobs lost in the U.S. since the start of the pandemic.

No State has been hit harder by the pandemic than Nevada. I hear from constituents each and every day about how they are impacted by the loss of jobs and the need to get back to work safely. That is why I introduced the Hospitality and Commerce Recovery Job Act today, to ensure that the tourism industry has the tax incentives necessary to get back on its feet.

This legislation will work to implement the employee retention tax credit, support the convention and trade show industries, restore the entertainment business expense deduction, support the restaurant industry, and provide a tax credit for travel expenses.

This legislation is necessary to ensure a robust travel and tourism economy that is the lifeblood of my State's economy. That is why I encourage my colleagues to support the Hospitality and Commerce Recovery Job Act, to support the tourism economy and all the people who make it strong.

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