Tennessee GOP Leaders Threaten to Withhold Sales Tax Revenue from Memphis Over Gun Control Ballot Initiatives that Override State Law

TN Senate Speaker Randy McNally and House Speaker Cameron Sexton

Tennessee House Speaker Cameron Sexton (R-Crossville) and Lieutenant Governor Randy McNally (R-Oak Ridge) are speaking out against three gun control measures set to be presented to Memphis voters on the November 5 general election ballot which the Republican leaders say is an attempt by city leaders to “circumvent state law.”

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Tennessee House Speaker Cameron Sexton Anticipates Proposed Titans Stadium Sales Tax Winner for K-12 Education

The anticipated sales tax revenues associated with proposed upgrades to Titans Stadium could be a good idea, says JC Bowman, executive director & CEO of Professional Educators of Tennessee, but whether such a plan is “sustainable” in the long term remains a question.

In an interview with The Tennessee Star, Bowman assessed recent statements by Tennessee House Speaker Cameron Sexton about the state investing in upgrades to Titans Stadium with the expectation that sales tax generated from major events could be invested in K-12 education, particularly in the state’s rural areas.

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Florida’s Revenue Collections Continue to Exceed Expectations

The latest General Revenue (GR) report  – released last Thursday – from the Florida Department of Revenue shows that revenue collections continue to exceed expectations. The November numbers continues a series of monthly reports of higher-than-projected revenues.

The report comes ahead of the 2022 Florida legislative session which begins in January and is good news for lawmakers, in part, because general revenue plays a critical role in determining the state budget.

In addition, the November jobs report revealed Florida’s job growth was six times faster than the nation

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