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Editorial Results (free)

1. View From the Hill: IMPROVE Act an Insight Into Testy Election Ahead -

In case anyone’s keeping stats, Senate leadership soundly defeated House leadership this session in the gas tax/tax cut battle.

Whether this is a forerunner to a Republican gubernatorial primary remains to be seen as Senate Majority Leader Mark Norris and House Speaker Beth Harwell weigh decisions. It’s not as if they’d be facing off against each other, though, since businessman Bill Lee and former Economic and Community Development Commissioner Randy Boyd are definitely in the race and not hurting for money.

2. Memphis, Nashville Mayors Praise Passage of Haslam’s Road Funding Bill -

Memphis Mayor Jim Strickland lauded the Tennessee Legislature for passing the IMPROVE Act, including a combination of fuel tax and fee increases designed to improve transportation funding.

3. House, Senate Approve IMPROVE Act -

The House and Senate are nearly ready to send the IMPROVE Act to Gov. Bill Haslam, passing it with relatively wide voting margins after months of debate.

Only one adjustment is needed in a measure providing property tax relief for veterans, the disabled and elderly before the measure can be sent to Haslam.

4. Mistreated GOP Legislators Only Want to Be Heard -

Word has it extra tissue will be placed on the desks of some House members in the coming weeks so they can dry their tears of pain.

It seems a faction of the Republican supermajority just hasn’t gotten a fair hearing – from their own party – on opposition to Gov. Bill Haslam’s IMPROVE Act, which contains a dreaded gas and diesel tax increase to rebuild the state’s roads and bridges. It’s the gas tax versus the surplus, which is pretty big at $1 billion in one-time money and another billion in extra recurring money.

5. Harwell Cites Need for Alternative Transportation Funding Plan -

House Speaker Beth Harwell says she believes it’s important to have a transportation funding plan counter to Gov. Bill Haslam’s gas tax/tax cut act after House Republican Caucus members voted to oppose the governor’s idea.

6. IMPROVE Act Could be Renamed; Alternative Plan in the Works -

Legislation containing a gas-tax increase moved out of a key committee Wednesday, April 5, with proponents saying it could be called the IMPROVE Act or the 2017 Tax Cut Act because of several tax reductions designed to make it easier for Tennesseans to swallow.

7. Governor Haslam’s Fuel-Tax Bill Still Alive After Parliamentary Wrangling -

NASHVILLE – Gov. Bill Haslam’s IMPROVE Act and fuel-tax increase plan remains alive after parliamentary moves Wednesday, March 1, in the House Transportation Subcommittee and action that led to the death of a competing bill.

8. Bills Aimed at Raising Permanent Funding For Road Projects Collide Again This Week -

NASHVILLE – The chairwoman of the House Transportation Subcommittee is defiant in her handling of legislation that could have derailed Gov. Bill Haslam’s fuel-tax plan, a high-profile measure on the panel’s calendar again Wednesday, March 1.

9. Bills Aimed at Raising Road Project Funding Collide Again This Week -

NASHVILLE – The chairwoman of the House Transportation Subcommittee is defiant in her handling of legislation that could have derailed Gov. Bill Haslam’s fuel-tax plan, a high-profile measure on the panel’s calendar again Wednesday, March 1.

10. House Subcommittee Adjourns to Assess Road Bills -

NASHVILLE – An effort to take money from the sales tax to fund transportation projects statewide – in contrast to the governor’s plan – ran off the rails Wednesday, Feb. 22.

11. Norris Filing Catch-All Bill for Variations of Proposed IMPROVE Act -

NASHVILLE – Tennessee Senate Majority Leader Mark Norris is filing legislation for the Haslam administration to catch all transportation tax and revenue-related bills in an effort to “start anew” and minimize confusion.

12. Tennessee Democrats Push to Phase Out Grocery Tax -

Calling the governor’s fuel-tax plan a “slap in the face” of working Tennesseans, legislative Democrats are making a move to offset increased costs at the pump by phasing out the grocery tax.

13. View From the Hill: Legislators Feel Free to Work Against Haslam -

Democrats appear delighted about division within Republican ranks concerning Gov. Bill Haslam’s proposed fuel-tax increase, detecting a possible chink in the armor.

“How many times does the supermajority have to stab the governor in the back and undermine his core proposals before the people of the state of Tennessee wonder whether they need a different group up here?” asks Mike Stewart, House Minority Caucus chairman.

14. State Democrats Propose Eliminating the Grocery Tax -

NASHVILLE – Calling the governor’s fuel-tax plan a “slap in the face” of working Tennesseans, legislative Democrats are making a move to offset increased costs at the pump by phasing out the grocery tax.

15. Survey of Tennessee Conservatives Finds Support for Medical Marijuana -

Conservative voters are more likely to support legalizing medical marijuana than raising gas taxes, at least ahead of using a $1 billion surplus to pay for transportation projects.

Fifty-two percent of Republicans surveyed recently by Tennesseans for Conservative Action say they support allowing people to manage their pain with medical cannabis, in contrast to 31 percent in opposition. Thirteen percent needed more information and 4 percent were unsure.

16. Opponents of Gas-Tax Hike Push Alternative Plans -

NASHVILLE – Amid legislative strife over Gov. Bill Haslam’s proposal to raise gas taxes and reduce business taxes, Rep. Barbara Cooper says she is inviting the governor to “sell” his plan to her Memphis constituents.

17. Opponents of Gas-Tax Hike Push Alternative Plans -

NASHVILLE – Amid legislative strife over Gov. Bill Haslam’s proposal to raise gas taxes and reduce business taxes, Rep. Barbara Cooper says she is inviting the governor to “sell” his plan to her Memphis constituents.

18. Opponents of Proposed Gas-Tax Hike Push Alternatives -

NASHVILLE – Amid legislative strife over Gov. Bill Haslam’s proposal to raise gas taxes and reduce business taxes, Rep. Barbara Cooper says she is inviting the governor to “sell” his plan to her Memphis constituents.

19. With Economic Outlook Hazy, Fed Likely to Leave Rates Alone -

WASHINGTON (AP) – Again and again in recent months, the Federal Reserve has signaled that it's edging closer to resuming the interest-rate hikes it began in December.

It just doesn't seem to be there quite yet.

20. Bill Seeks September Session for Tennessee General Assembly -

NASHVILLE, Tenn. (AP) — Republican state Rep. David Hawk of Greeneville is seeking support for a proposal to have Tennessee lawmakers add a September session every other year.

21. Checking the Vitals -

Now that the Greece flare up and China arrhythmia have subsided, let’s perform a quick physical on the markets to reassess the vitals.

Interest Rates

While it’s true that the U.S. central bank seems determined to raise rates, most of the rest of the world is still cutting them. History reveals that rate movements adhere strongly to inertia. In other words, up movements last a while, down movements last a while and sideways movements last a while. To wit, 10-year U.S. Treasury bonds yield around 2.3 percent, roughly what they have yielded since mid-2011.

22. State Agrees to Close Developmental Center -

GREENEVILLE, Tenn. (AP) – State officials have agreed to close a large facility in East Tennessee that houses mentally disabled people, but local officials say they will argue to keep it open.

23. Open Gun Carry Bill Defeated in Tennessee House Panel -

NASHVILLE (AP) – A bill seeking to allow Tennesseans to openly carry firearms in public without permits was overwhelmingly defeated a House subcommittee on Monday night.

The House Finance Subcommittee voted 10-1 against the measure sponsored by Rep. Micah Van Huss. The Jonesborough Republican later told reporters that he will abandon an effort to bypass committees and call the bill for a full floor vote.

24. Disclosure Requirement Finds Resistance in Tenn. House -

NASHVILLE (AP) – A bill seeking to require local and regional planning commissioners to file interest disclosures with the Tennessee Ethics Commission was met with last-minute resistance in the House on Thursday.

25. The Biggest Spenders -

David Simon, chairman and CEO of the nation’s largest public real estate firm, told analysts a few weeks ago during Simon Property Group’s fourth quarter earnings conference call that 2009 was a challenging year. And he doesn’t think 2010 will be much better for the company, which owns two malls in Memphis.

26. Proposal Would Move Kindergarten Cutoff Up by 1 Month to Sept. 1 -

NASHVILLE (AP) - State lawmakers are evaluating a proposal to change the cutoff date for children to be eligible for kindergarten.

The proposal would require children to be 5 years old before Sept. 1 to qualify for kindergarten, up from the current Sept. 30 cutoff.

27. House Democrats Propose 3-Cent Cigarette Tax to Aid Veterans -

NASHVILLE - The Legislature already has sent a 42-cent increase in the state's tax on each pack of cigarettes for the governor's signature. Now some lawmakers want more.

House Democrats advanced a bill Wednesday to hike the cigarette tax by an additional 3 cents per pack to pay for veterans' homes and scholarships.

28. Inner-City Scouts Get a Taste of Nature Through Great Outdoors University -

A new program is helping inner-city boys get out of Memphis and into the country.

The Tennessee Wildlife Federation (TWF) and the local council of the Boy Scouts of America formed the Great Outdoors University (GOU) earlier this year to give scouts from inner-city troops an opportunity to take field trips to some of the Mid-South's most pristine natural areas.

29. Archived Article: Memos - Maj Frank Colvett Jr. has been promoted to executive vice president of GreenScape Inc. He previously was vice president of marketing. Scott Perry has been named vice president of GreenScapes irrigation division. He formerly was manager of the irriga...