Tennessee Conservative
Tennessee’s Corporate Aviation Fuel Tax Cap Will Soon Go Down To $1 Million, Which Would Have An Additional $10.6 Million Impact On The State’s Transportation Equity Fund, After Gov. Bill Lee Signed A Bill To Lower The Cap.
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A Tennessee Bill That Passed Senate Committee Tuesday Would Reduce The Aviation Fuel Tax Cap On Commercial Companies Down To $1 Million, Which Would Have An Additional $10.6 Million Impact On The State’s Transportation Equity Fund.
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Tennessee’s Airports Came To A Senate Committee Wednesday Again Asking To Receive $125 Million In Annual State Funding As The State Continues To Lower The Fuel Taxes That Once Funded Those Airports.
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A Tax Cut Is Going Into Effect Today In Tennessee, But The Largest Impact Will Be Felt By One Company. The Only Tennessee Company Hitting The Aviation Tax Cap Is FedEx.
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