Tennessee lawmakers adjourn after finalizing $1.9B tax cut and refund for businesses
Lt. Gov. Randy McNally, center, presides over the Senate during a legislative session Thursday, April 25, 2024, in Nashville. (George Walker IV/AP Photo)
Gov. Bill Lee was able to secure a deal on the $1.9 billion tax cut and refund for businesses. The amount is almost 4% of the state’s $52.8 billion budget — which largely does not contain tax breaks for most Tennesseans.
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