Local leaders are proposing the creation of a “Connecticut Hospitality Fund” that would reinvest funds from a 1% meals and beverage tax back into cities and local businesses. The bill has received support from the Connecticut Restaurant Association and aims to boost sustainability and aid employees in the hospitality industry. Specifically, 50% of the funds generated would go back into cities, 30% would be allocated to the state’s tourism office, and 20% would be directed towards workforce development. The goal of this initiative is to support local businesses, enhance connectivity, and promote creativity in the state by directing more funds into communities and industries that have been impacted by the COVID-19 pandemic. Leaders believe that this fund will not only help businesses recover from the economic downturn but also contribute to the overall growth and development of Connecticut’s marketing and tourism sector by 2025.
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