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Tennessee House Reduces Franchise Tax Refund to $813.5M

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Tennessee House Reduces Franchise Tax Refund to $813.5M

The Tennessee House of Representatives has made significant amendments to a bill aimed at repealing and refunding the state’s franchise tax, resulting in a reduced refund amount of $813.5 million. House Bill 1893, which introduces key changes to the refund process, mandates the disclosure of companies benefiting from the refund on the website of Tennessee’s … Read more

Kentucky Lawmaker Proposes One-Time Cash Payments for Educators

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In a bid to address financial challenges facing educators across Kentucky, State Representative Chris Fugate, a Republican from Chavies, has introduced House Bill 694. The bill aims to provide one-time cash payments to teachers, administrators, and classified employees over the next two fiscal years. Under the proposed legislation, all teachers and administrators would receive a … Read more