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Governor Introduces Fiscal Year 2021-2022 Budget Amendment

Governor Introduces Fiscal Year 2021-2022 Budget Amendment
April 15, 2021
Governor Bill Lee announced his amendment to the proposed Fiscal Year 2021-2022 budget.
The amendment includes $580 million in available funds as a result of fiscal prudence. These funds will be invested in strategic long-term projects that focus on a return to pre-pandemic priorities and deliver critical services while not growing government. The budget amendment also includes nearly $100 million for a two-week sales tax holiday on all grocery sales, purchases at restaurants, and all prepared food.
“This proposal supports Tennesseans by strategically investing in long-term initiatives that will move our state forward,” said Gov. Lee. “I’m especially proud to provide tax cuts to get money back to Tennesseans to encourage them to frequent industries that have been disproportionately and negatively impacted this year.” ....

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With Tennessee tax collections on the rise, Gov. Lee proposes more spending

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. ....

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Lee's $580 Million Budget Amendment Includes 2-Week Sales Tax Holiday On Purchases At Grocery Stores, Restaurants

Lee s $580 Million Budget Amendment Includes 2-Week Sales Tax Holiday On Purchases At Grocery Stores, Restaurants
Tuesday, April 13, 2021
Governor Bill Lee on Tuesday announced an amendment to the proposed Fiscal Year 2021-2022 budget that will include a two-week sales tax holiday on all grocery sales, purchases at restaurants, and all prepared food.

Governor Lee said, The amendment includes $580 million in available funds as a result of fiscal prudence. These funds will be invested in strategic long-term projects that focus on a return to pre-pandemic priorities and deliver critical services while not growing government.
The budget amendment also includes nearly $100 million for the sales tax holiday. ....

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Tennessee Governor 2021-2022 budget amendment

Tennessee Gov. Bill Lee introduces 2021-2022 budget amendment
The budget amendment includes nearly $100 million for a two-week sales tax holiday on all grocery sales, purchases at restaurants, and all prepared food.
Author: Tennessee Governor s Office News Release
Published: 12:21 PM CDT April 13, 2021
Updated: 5:11 PM CDT April 13, 2021
NASHVILLE, Tenn Tuesday, Tennessee Governor Bill Lee announced his amendment to the proposed Fiscal Year 2021-2022 budget.
The amendment includes $580 million in available funds as a result of fiscal prudence. These funds will be invested in strategic long-term projects that focus on a return to pre-pandemic priorities and deliver critical services while not growing government. The budget amendment also includes nearly $100 million for a two-week sales tax holiday on all grocery sales, purchases at restaurants, and all prepared food. ....

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Tennessee governor proposes 2-week sales tax holiday on food sales

Governor Bill Lee is proposing at two-week sales tax holiday on all grocery sales, restaurant purchases and prepared food. ....

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