Tennessee Spent $81M On Site Development Grants Since 2016
Tennessee Has Spent More Than $81 Million On Its Site Development Grant Program To Help Pay To Get Rural Industrial Sites Prepared For Businesses Since The Program Began In 2016.
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Blue Oval City
TN Governor Bill Lee Given ‘D’ Grade By Cato Institute For Spending, Taxing Policies
Tennessee Gov. Bill Lee Was Given A “D” By The Cato Institute In Its Annual Fiscal Report Card On America’s Governors. Lee’s Ranking Was Based On His Spending And Taxing Record, Including This Year’s Budget, Which Included $500 Million Toward A New Titans Stadium.
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Tennessee Has Committed To At Least $60M In Economic Incentive Grants This Year
Tennessee Has Committed To More Than $60 Million In FastTrack Economic Incentive Grants To Businesses This Year After Committing More Than $200 Million Of The Grants To Businesses In 2021.
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Large Economic Incentives Like Those In Tennessee Increasing Exponentially
Billion-Dollar Economic Incentives, Including The One That Tennessee Gave To Ford For Its Plan To Build A $5.6 Billion Electric Truck Plant Outside Memphis, Are Increasing Across The Country, According To A New Report From The Center For Economic Accountability.
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Corporate-Owned Businesses Scramble For Ways To Sidestep Tennessee Abortion Ban
After The Announcement Last Friday That The U.S. Supreme Court Had Overturned Roe V. Wade, Corporate-Owned Businesses In Tennessee Have Been Working On Ways To Sidestep The Expected Upcoming Trigger Law Abortion Ban In Tennessee And The Heartbeat Law, Now In Effect After The Sixth Circuit Court Of Appeals Lifted The Injunction On The Law First Passed In 2020.
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Op-Ed: Why Are Tennesseans Subsidizing Ford Motor Co.?
Since the Blue Oval City project came to light, there have been many questions raised about the wisdom of our state leaders engaging in this project. When leadership is challenged, the public refrain is typically “it’s about the jobs.” The companion refrain involving other public topics is often – “it’s for the children.”
Valid concerns were raised about the Blue Oval City deal that went unanswered. Among them, “Is Ford aligning itself with Tennessee values?” Or, “is Tennessee going to align itself with Ford’s values?” – The latter seems more likely.
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Ford Motors Settles Lawsuit With Tennessee Over Misleading Advertising
The Ford Motor Company, Whose Forthcoming Electric Truck Plant In West Tennessee Was Landed By State Leaders With $900 Million In Taxpayer Incentives, Has Just Settled A Lawsuit Brought By The State Over Claims The Auto Company Engaged In Misleading Advertising That Falsely Inflated Mileage Claims For Some Of Its Vehicles Over The Past Decade.
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Tennessee Has Given Out Six FastTrack Incentive Grants of $1Million Or Greater So Far In 2022
Tennessee Allocated Six Incentive Grants Worth At Least $1 Million To Companies This Year Who Are Either Building New Facilities Or Expanding Facilities In The State.
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Governor Lee Signs Ford Megasite Contractor Transparency Bill Into Law
Construction Contractors Who Perform More Than $100,000 Of Work At The State Megasite Outside Of Memphis Will Have To Register With The State After Gov. Bill Lee Signed A Bill Into Law.
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Lee Still Awaiting Several Late-session Bills From The Tennessee Legislature
Tennessee Gov. Bill Lee Didn’t Waste Time Signing A New Public School Funding Formula Bill Just Four Days After It Was Passed On The Floor Of The Tennessee Legislature. But The Process For Other Bills Passed In The Waning Days Of Session Has Taken Longer. Several Key Late-Session Bills Have Not Been Sent To Lee Yet For His Signature.
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