Tennessee Conservative
Memphis And The City’s Convention And Visitors Bureau Came To An Agreement Over Hotel-Motel Tax Funds For The Renovation Of The FedExForum But Details Of The Agreement Were Not Released. Rep. Kevin Vaughn Said That The Agreement Means That The Funding Is In Place To Complete The Renovation.
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Tennessee’s New System For Taxing Sports Wagering Will Begin July 1.Had The New Tax Been In Place Since Wagering Began In November 2020, The State Would Have Collected $154 Million Compared To The $142 Million It Has Collected. But Those Numbers Have Changed In Recent Months.
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The Nashville Fairgrounds Speedway Construction Still Has No Final Price Tag But Legislation Filed For A First Reading From Nashville’s Metropolitan Council Potentially On July 6 Shows $120 Million In Public Funding Could Be Used For The Project.
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Tennessee Gov. Bill Lee Signed A Bill That Will Make Tennessee The First State To Tax Sportsbooks Based On The Total Gross Wagers Accepted In The State.
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A New Report On Litter Control In Tennessee Shows The State Spends $23 Million Each Year On Litter Pickup And Prevention And There Are An Average 88.5 Million Pieces Of Litter On Roads At Any Given Time.
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Tennessee Gov. Bill Lee Signed A Pair Of Bills To Continue Tax Captures In Order To Fund Renovations At Memphis’ FedExForum And Future Marketing For Nashville’s Bridgestone Arena.
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Tennessee Gov. Bill Lee Has Signed A Bill To Block Metro Nashville’s Requirement For A Council Supermajority Vote On Demolition At The Fairgrounds Speedway.
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The Tennessee Titans Will Have A New $2.1 Billion Stadium In 2027 After The Deal To Fund The Stadium Was Approved By Metro Nashville’s Council On Its Third And Final Vote At A Special Meeting That Stretched Into Wednesday Morning.
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A Tennessee Sports Wagering Bill Would Change The Way The State Computes Taxes On Sports Betting From Taxing The Amount Sportsbooks Make In Revenue To Taxing All Wagers Placed In The State.
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