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VOL. 131 | NO. 49 | Wednesday, March 9, 2016

Senate OKs Extending Temporary Tennessee Tax Into 4th Decade

AP

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NASHVILLE, Tenn. (AP) – Tennessee's "temporary" tax used to pay for roadside cleanup would extend into its fourth decade under a bill advancing in the state Legislature.

The tax on beer and soft drinks was first enacted in 1981, and has been reauthorized every six years since then.

The levy is 50 cents on each barrel of beer and 0.4 percent on gross receipts of soft drink sales. It raises about $4.8 million each year for cleanup efforts.

Republican Sen. Ken Yager of Kingston, the main Senate sponsor of the bill, said the tax has led to the collection of 300,000 tons of roadside litter around the state.

The Senate voted 32-0 to approve the bill on Monday. The House Finance Committee is scheduled to take up the matter on Tuesday.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 56 437 16,061
MORTGAGES 76 508 18,556
FORECLOSURE NOTICES 8 56 2,461
BUILDING PERMITS 241 876 33,390
BANKRUPTCIES 64 301 10,314
BUSINESS LICENSES 15 125 5,303
UTILITY CONNECTIONS 17 125 6,273
MARRIAGE LICENSES 19 98 3,511