Tennessee State Budget

Tennessee Government
8:35 am
Thu May 17, 2012

Haslam Signs Tennessee $31 Billion Spending Plan


Tennessee Governor Bill Haslam has signed the state's more than $31 billion dollar annual spending plan. The budget includes a reduced sales tax on groceries, an increase in the exemption for the inheritance tax, and enhanced penalties for gang and gun crimes. 

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2012 Tennessee General Assembly
7:31 am
Tue April 3, 2012

Haslam Proposes Bigger Food Tax Cut


Tennessee Republican Governor Bill Haslam is proposing a greater reduction in the states' sales tax on groceries as part of his final amendment to his annual spending plan.  Haslam says  he’s included an additional $3.3 million dollars in the budget proposal to drop the state sales tax on groceries from 5.5 percent to 5.25 percent.