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CAR RENTALS BOOST TEAMS.


Byline: The New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Times

Cities seeking to retain sports teams, or to lure lure

the skin-covered object which runs on a monorail on a Greyhound racing track and which the dogs are schooled to chase. The lure must be kept 30 to 40 ft ahead of the leading dog so that the field is stretched out.
 new ones, have apparently fastened on car-rental taxes or surcharges as a way to raise money for the cause.

Atlanta's mayor and its Convention and Visitors Bureau want a 3 percent tax on car rentals anywhere in Georgia to help finance a new basketball arena for the Atlanta Hawks, which are threatening to move out of town. The city council and the legislature must approve this step; a bill was introduced in the Legislature Jan. 12.

Tampa, Fla., is proposing a 5 percent charge on car rentals to help build a football stadium for the Buccaneers Buccaneers can refer to:
  • Buccaneers Rugby Club: A semi-professional rugby union team based in Athlone, Co. Westmeath, Ireland
  • The Tampa Bay Buccaneers, founded in 1976, still exist
  • The Los Angeles Buccaneers played only in the 1926 season
; this must also be approved by the state as well as the city.

Gov. William F. Weld of Massachusetts announced on Jan. 22 that he still wanted to build a convention center and stadium and that he would increase taxes on tourism - including car rentals - to achieve his goal.

Some places are already collecting to underwrite To insure; to sell an issue of stocks and bonds or to guarantee the purchase of unsold stocks and bonds after a public issue.

The word underwrite has two meanings.
 sports. John Lee of Budget Rent a Car, who is legislative monitor for the American Car Rental Association, said the association particularly objected to recent actions by the state of Washington.

After a state referendum rejected a 1 percent sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government.  to build a new home for the Mariners baseball team, the legislature enacted a package of taxes and fees in October to do the job. This included a rise of 2 percentage points in the 15.1 percent tax on car rentals in Seattle, which went into effect Jan. 1.

In late January, a group of citizens filed a challenge to the constitutionality of the legislation that mandated the taxes.

Lee's group, on the other hand, looks with favor on Wisconsin's new sales tax of 0.1 percent in five counties - Milwaukee, Racine, Waukesha, Ozaukee and Washington - for a new stadium for the Milwaukee Brewers This is a list of member brewers of the Brewers Association. Numbered
  • 5280 Roadhouse Brewery, Littleton, Colorado
  • 75th Street Brewery (Kansas City), Kansas City, Missouri
  • 75th Street Brewery (Lawrence), Lawrence, Kansas
A
  • A1A Aleworks, St.
 baseball team. The tax, which does not target just car rentals but is a general sales tax, went into effect Jan. 1.

Car rental officials say they do not mind underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies.
 efforts that increase tourism but say most spectators at ball games live nearby and do not rent cars or stay in hotels. "If you build it, they will not stay," Lee said.
COPYRIGHT 1996 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Travel
Publication:Daily News (Los Angeles, CA)
Date:Feb 11, 1996
Words:375
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