» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 131 | NO. 49 | Wednesday, March 9, 2016

Senate OKs Extending Temporary Tennessee Tax Into 4th Decade

AP

Print | Front Page | Email this story | Comments ()

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 This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 77 77 11,602
MORTGAGES 79 79 13,506
FORECLOSURE NOTICES 0 0 1,858
BUILDING PERMITS 96 96 24,260
BANKRUPTCIES 53 53 7,526
BUSINESS LICENSES 31 31 3,943
UTILITY CONNECTIONS 49 49 4,730
MARRIAGE LICENSES 20 20 2,564

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.