Image Credit: capitol.tn.gov The Center Square [By Jon Styf] – A Tennessee bill banning incentives for companies from countries of concern advanced in Senate committee after another costly part of the bill was removed. Senate Bill 2426 previously banned tax credits for companies already receiving credits that are from China, Russia, Iran, North Korea, Cuba, […]
Image: Tennessee Comptroller Jason Mumpower, second from left, talks during the Funding Board meeting on Monday, March 25, 2024. Image Credit: Tennessee Funding Board The Center Square [By Jon Styf] – The Tennessee State Funding Board approved $10.3 million in incentives for seven companies at its Monday afternoon meeting. The largest was $3.4 million to […]
Image Credit: capitol.tn.gov The Center Square [By Jon Styf] – A bill adding tax credits for research and development from energy and tech companies along with banning tax credits and incentives for countries of concern passed the Tennessee House Government Operations Committee on Monday. A fiscal note on House Bill 1843 noted it would cost […]
Image Credit: K-State Research and Extension / CC The Tennessee Conservative [By Rebecca Scott] – It’s no secret that America is facing an opioid crisis, and Tennessee is no exception to the rule. In April of 2016, authorities were alerted to a possible break-in at a Celina pharmacy. When officers responded, the co-owner, Thomas Weir, […]
Image Credit: Erik Mclean / Unsplash The Center Square [By Jon Styf] – Custom Foods of America in Knoxville will receive a $1.5 million incentive while NewBasis in Lebanon will get $900,000 from Tennessee’s Department of Economic and Community Development as more than $10 million in incentives were approved unanimously without board discussion at Thursday’s […]
Image Credit: TNECD / YouTube The Center Square [By Jon Styf] – Tennessee gave out an average of $5,895 in FastTrack incentive grants for each promised job in 2023, down from $7,385 in 2022, according to data from Tennessee’s Department of Economic and Community Development. Overall, the 2023 numbers are just below the $5,754 average […]
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