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Governor signs Hall Income Tax reduction
Tuesday, June 04 2013, 10:27

Tennessee Gov. Bill Haslam held a ceremonial bill signing in Crossville on Tuesday, May 28 for the second piece of tax cut legislation in his 2013 legislative agenda, a reduction in the Hall Income tax for senior citizens.

The bill, HB 192/SB 198, raises the exemption level of the tax to single filers 65 years-old with an income of less than $33,000 and to joint filers with at least one spouse at least 65 years-old with an income of less than $59,000.

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State notes decline in holiday deaths
Tuesday, June 04 2013, 10:34

Tennessee Department of Safety and Homeland Security and Tennessee Highway Patrol on Friday, May 31 announced a decline in traffic fatalities during this year’s Memorial Day holiday period.

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Foreign Fuels Reduction Act introduced
Tuesday, May 28 2013, 10:07

U.S. Senators Bob Corker (R-TN) and Joe Manchin (D-WV) on Thursday, May 16 introduced the “Foreign Fuels Reduction Act”, legislation that would help ensure only domestically-sourced fuels are used to meet the Renewable Fuel Standard (RFS).

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Patrick named as new VA MidSouth Network director
Friday, May 31 2013, 09:07

The Department of Veterans Affairs recently announced the appointment of John Patrick as Director of the VA MidSouth Healthcare Network (VISN 9), Nashville, TN. Patrick will oversee delivery of health care to more than 270,000 Veterans annually with an operating budget of $2.3 billion projected for Fiscal Year 2013.

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Haslam signs food tax reduction bill
Tuesday, May 21 2013, 16:40

Tennessee Gov. Bill Haslam today traveled to Monroe County to sign legislation to reduce the state portion of the sales tax on groceries from 5.25% to 5%.

Haslam held a ceremonial bill signing at Sloan’s Grocery in Vonore, TN.

In 2012, the General Assembly passed and the governor signed the first step in reducing the state portion of the sales tax on groceries, lowering the rate from 5.5% to 5.25%.

Haslam said, “We’re lowering taxes and balancing the state budget by managing conservatively, making strategic investments in our priorities, and finding new ways to make government more efficient and effective. The sales tax on food impacts all Tennesseans, and I applaud the General Assembly for passing this important piece of legislation this year.”

The bill, SB 199/HB 193, was introduced by the governor and was one of two tax cuts passed by the legislature and signed by Haslam this year as the state continues its work toward providing the best customer service at the lowest possible cost to taxpayers.

Senate Majority Leader Mark Norris (R-Collierville), House Majority Leader Gerald McCormick (R-Chattanooga), and state Rep. Ryan Haynes (R-Knoxville) sponsored the bill.

Haslam included $23 million in the FY 2013-2014 state budget to fund the legislation. The legislation goes into effect Monday, July 1.

The reduced tax rate does not apply to prepared foods such as a meal at a restaurant, candy, alcoholic beverages or tobacco.

 
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