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H.R. 3140 107th Congress House

Tourism Revitalization And Valued Employee Labor Act of 2001

Official title: To provide tax and other incentives to maintain a vibrant travel and tourism industry, to keep working people working, and to stimulate economic growth, and for other purposes.

Introduced: October 16, 2001 See on congress.gov
Taxation AdvertisingAgriculture and FoodAirportsAmericans in foreign countries
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Business income taxBusiness lossesCanadaCommerceCongressCongressional reporting requirementsConvention facilitiesCorporate debtCorporate financeCostsDisaster loansDislocated workersEBB TerrorismEconomics and Public FinanceEmergency ManagementEmployee health benefitsEmployment tax creditsExpense accountsFamiliesFinance and Financial SectorFood serviceFood service employeesGovernment Operations and PoliticsGovernment lendingHealthHealth insuranceHealth insurance continuationHotels, motels, etc.Income taxInsurance premiumsInternational AffairsJob huntingLabor and EmploymentLatin AmericaLease and rental servicesMarketingMarried peopleMedicaidMedical economicsMedically uninsuredMexicoPersonal income taxPublic-private partnershipsRecreationRestaurantsSeptember 11, 2001Small businessSocial WelfareSports and RecreationSubsidiesTax creditsTax deductionsTerritories (U.S.)TerrorismTourismTrade fairsTransportation and Public WorksTravel agentsTravel costsUnemployment insuranceWelfare eligibility
This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 24, 2002
Referred to the Subcommittee on 21st Century Competitiveness.
Jan 24, 2002
Referred to the Subcommittee on Employer-Employee Relations.
Oct 29, 2001
Referred to the Subcommittee on Commerce, Trade and Consumer Protection, for a period to be subsequently determined by the Chairman.
Oct 16, 2001
Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Small Business, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Oct 16, 2001
Introduced in House
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 Latest action January 24, 2002

Referred to the Subcommittee on 21st Century Competitiveness.

 Plain-English summary Congressional Research Service
Tourism Revitalization and Valued Employee Labor Act of 2001 - Amends the Internal Revenue Code to establish a (temporary) personal travel credit ($500 single, $1,000 joint) for qualified personal travel expenses on a qualifying personal trip. Exempts dependent expenses from such credit.

Extends the work opportunity credit.

Provides a temporary: (1) deduction increase for business meals and entertainment; and (2) net operating loss carry back for travel and tourism industry losses.

Authorizes: (1) the Secretary of Commerce to award grants and make direct expenditures for a public-private partnership to stimulate travel to and within the United States; and (2) the Administrator of the Small Business Administration to make loans to travel or tourism small business entities that suffered substantial economic injury from the September 11, 2001, terrorist attacks.

Provides COBRA continuation coverage and other specified health insurance coverage and unemployment compensation for certain separated or separation-threatened travel or tourism industry employees.

Amends the Workforce Investment Act of 1998 to provide employment and training assistance for travel or tourism workers dislocated by such attacks.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 7
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APA
U.S. Congress. (2026). H.R. 3140: Tourism Revitalization And Valued Employee Labor Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-HR-3140/
MLA
"H.R. 3140: Tourism Revitalization And Valued Employee Labor Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-3140/.
Bluebook (legal)
H.R. 3140, 107th Cong. (2026), https://openamerica.io/bill/107-HR-3140/.
Markdown link
[H.R. 3140: Tourism Revitalization And Valued Employee Labor Act of 2001](https://openamerica.io/bill/107-HR-3140/)
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