Lee Signs New Nashville Hotel Tax To Help Fund Titans Stadium Along With Two Other Bills

Tennessee Gov. Bill Lee Signed Several Bills Into Law On Wednesday That Include An Allowance For A 1% Hotel-Motel Tax Increase In Davidson County To Pay For A New Estimated $2.2 Billion Tennessee Titans Stadium. Lee Also Signed A Bill That Will Allow The Chattanooga Lookouts To Collect 5.5% Of The State Sales Tax At The Stadium To Pay For A New Stadium And Another Bill That Would Require Restitution Be Paid By DUI Offenders Who Kill The Parents Of Minor Children.

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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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Chattanooga Lookouts Owner Charged With Running ‘Ponzi Scheme’

The Owner Of The Chattanooga Lookouts, John Woods, Has Been Charged With Operating A “Ponzi Scheme.” According To The Complaint Filed By The Securities And Exchange Commission, Woods Was Running A “Massive Ponzi Scheme For Over A Decade.”

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