Credit sycamoreinstitutetn.org
NASHVILLE, Tenn. (AP/WMOT) -- Gov. Bill Lee has added well over half-a-billion dollars in new spending to his state budget plan for the coming fiscal year.
In a press statement released Tuesday, Lee says $580 million in additional spending has been made possible by higher than expected tax collections.
Among the items included in the revised proposal is a $100 million, two-week sales tax holiday on restaurants, bars and groceries. No word yet on when the tax holiday might begin.
The state’s largest teacher’s union panned the proposal. The Tennessee Education Association suggests the governor spend the additional revenue instead on schools they say are underfunded.