Rural superintendents worry about an element much deeper than some: Will they and other districts be able to maintain funding to keep all safety measures in place?
With Governor Bill Lee's signature on Friday, Tennessee has officially become the 42nd state in the U.S. to remove sales taxes from constitutional sound money (i.e., gold and silver)NASHVILLE, TN / ACCESSWIRE
A large part of the bill asks the state to forego 50% of the sales tax generated from a proposed East Bank development on its 130 acres of land near Nissan Stadium.
The bill notes plans for the 130 acres around the stadium could âinclude hotels, retail establishments, eating and drinking places, and other similar establishments.â Once those are in place, the annual sales tax amount given back to the team is estimated to be $10 million.
âThese types of situations go on forever and forever, amen. ⦠At some point, these types of situations need to be sunsetted,â Sen. Todd Gardenhire, R-Chattanooga, said. âIf they were just saying they wanted to keep it inside the stadium, I wouldnât have as much heartburn. But when they want to use foregone tax revenue to develop something and keep those proceeds and make money off it, I just have a philosophical problem with that.â
by Jon Styf, The Center Square contributor | April 21, 2021 11:00 AM Print this article
Johnson City Brewing Company co-owner Eric Latham got into the business 1993 Econoline van Saturday after his shift and delivered two kegs of beer to area restaurants.
It isn’t a lot, but for a small business with seven employees such as Latham’s, every keg or four-pack matters.
Latham has been fighting over the past four years for the ability to expand his distribution network, and his effort took another step forward Tuesday, when the Tennessee House Finance, Ways and Means Committee unanimously advanced House Bill 189.
The Senate approved its companion measure earlier this month. It allows brewers to self-distribute up to 1,800 barrels of beer throughout the state. They currently are restricted to distributing on their own within only their home county, something Latham and others in smaller Tennessee counties find to be a large disadvantage.