Tennessee Conservative
The Days Of Skyrocketing Tax Revenues Are Likely Over, Multiple Budget Experts Told Tennessee’s Panel In Charge Of Predicting Revenue Growth. With No Revenue Growth, A No Sales Tax Holiday On Groceries Might Be A No-Go For Next Year.
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Besides A House-Senate Impasse Over Legislative “Sticking Points,” Approving Expensive Bills During The Governor’s Special Session Will Be Difficult With The State Hitting A $330 Million “Hole In The Budget.”
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The Traditional Sales Tax Holiday On Clothing, School Supplies And Computers Is Scheduled For The Last Weekend In July While August 1 Marks The Beginning Of The Three-Month Sales Tax Holiday On Groceries.
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Tennessee’s Annual Back-To-School Tax Holiday And A Three-Month Grocery Tax Holiday Are About To Begin.
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Tennessee’s Legislature Passed A Bill Promoted By Gov. Bill Lee On What Was Budgeted To Be $412 Million In Tax Cuts As The Session Completed Late Last Week. The Largest Factor In The Bill Was $272.8 Million In A Three-Month Food And Food Ingredients Tax Holiday From August Through October Across The State, A Proposal That Holds Locals Harmless By Sending Other State Tax Funds Their Way To Cover The Local Portion Of The Food Tax.
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Starting Friday, Tennessee Will Begin Its Annual Sales Tax Holiday For School Supplies, Clothing And Computers That Will Run Through Midnight Sunday. The Grocery Tax Holiday Was Touted As A Break For Tennessee Residents In The Budget By Republicans In The General Assembly And Lee, But Not All Agree That It Is Good Policy.
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Tennesseans Look Forward To The Traditional Annual Back-To-School Tax Free Holiday, And This Year Brings Several Opportunities For Residents To Save A Little Extra Money.
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Starting On Friday And Running Through Aug. 5, Tennessee Will Have A Sales Tax Holiday On Food And Food Ingredients At Stores And Also The Retail Sale Of Prepared Food At Restaurants, Along With The Regular Holiday On Clothing, School Supplies And Computers.
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1) Tennessee’s Highest Court Hears Arguments On School Choice
2)Tennessee Announces Three Sales Tax Holidays
3) TN Mental Health and Substance Abuse Services Receives $53M In New Federal Funding
The Tennessee General Assembly Recently Announced Two New Sales Tax Holidays For 2021. These Are In Addition To The Regular Annual Sales Tax Holiday On School Supplies, Clothing, And Food.
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