Tennessee Conservative
Tennessee’s Airports Are Proposed To Get $82.5 Million In Direct State Funding With A Projected Additional $13 Million From The State’s Transportation Equity Fund In Gov. Bill Lee’s Budget Proposal.
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Unlike In Previous Years, When Tennessee’s Coffers Were Flush With Cash, The State Budget Will Likely Play A Much More Central Role In This Year’s Legislative Session As Gov. Bill Lee Proposes Spending Down Cash Reserves For More Business Tax Cuts And His School Voucher Proposal.
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Tennessee Gov. Bill Lee Is Proposing The State Spend $207 Million On State Parks, Blueways Development, Farmland Conservation And Outdoor Recreation In This Year’s Budget.
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Tennessee Gov. Bill Lee’s Budget Proposal Includes A $410 Million Annual Tax Cut That Includes $1.2 Billion In One-Time Costs.
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Facing A $610 Million Budget Shortfall And Potential Business Tax Cut, Some Tennessee Lawmakers Are Leery Of Enacting Gov. Bill Lee’s Entire Private-School Voucher Proposal.
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As Tennessee Faces A Tighter Budget In 2024, Gov. Bill Lee’s Administration Plans To Move Forward With A Significant Tax Cut And Refund For Businesses, Selling It As A “Necessary Legislative Fix” To Avoid A Legal Challenge. But Not Everyone Agrees It’s Necessary.
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A Pair Of Tennessee Democrats Are Proposing The State Drop Its Grocery Sales Tax While Increasing Business Taxes To Cover For The Expense.
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Tennessee’s Senate Finance Chair Bo Watson Said Budget Adjustments Will Be Made Because The State Is $280 Million Behind Its Budgeted Estimates On Tax Collections Through The First Five Months Of The Fiscal Year.
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Tennessee Has Now Collected $279.9 Million Less Than Budgeted Through The First Five Months Of The Fiscal Year.
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Following A Massive Rise In Tax Revenues Over The Past Four Years, Tennessee’s Budget Outlook Is Not As Rosy Going Forward, But On Tuesday The State’s Chief Financial Planner Told Lawmakers To Remain Calm.
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