In 1979, the bed tax rose from 5% to 8%, enabling the industry to support not only marketing Anchorage, but allowing for a contribution to the MOA general fund. Today, the 12% bed tax is split three ways: one-third goes to MOA’s general fund; one-third is utilized to service the bond debt and operations of the Anchorage Convention Centers; and one-third supports the marketing functions of Visit Anchorage. Visit Anchorage’s marketing efforts are supplemented by member contributions through annual dues, paid advertising opportunities and marketing program fees. Visit Anchorage is a not-for-profit company, a 501(c)(6).