Tennessee State Budget

Haslam Signs Tennessee $31 Billion Spending Plan

May 17, 2012

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. 

Haslam Proposes Bigger Food Tax Cut

Apr 3, 2012

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.