[Congressional Record (Bound Edition), Volume 147 (2001), Part 13]
[House]
[Page 18584]
[From the U.S. Government Publishing Office, www.gpo.gov]


[[Page 18584]]

         INTRODUCTION OF THE I LOVE NEW YORK TAX DEDUCTION ACT

  (Mrs. MALONEY of New York asked and was given permission to address 
the House for 1 minute and to revise and extend her remarks.)
  Mrs. MALONEY of New York. Mr. Speaker, I am thankful that 109 of my 
colleagues came to New York to view the devastation at Ground Zero. But 
the severe impact on New York City's economy is harder to see. 
Restaurants are empty, hotels are vacant, five Broadway shows have 
closed, and small businesses are suffering all over our State. Tourism 
is New York's second largest industry, and we need to bring people back 
to New York State.
  Along with my bipartisan colleague, the gentleman from New York (Mr. 
Reynolds), and over 60 of my colleagues, including Senators Schumer and 
Clinton, we have introduced the I Love New York Tax Relief Act. For the 
next year, it would allow individuals to deduct up to $500, and 
families up to $1,000, for spending money in New York City's 
restaurants, lodging, and entertainment outlets.
  I urge my colleagues and the President to put our money where our 
heart is and give Americans another way to say, ``I love New York.''

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