FedEx loses out on $20M tax break following close House vote
The tax break would have been for build materials for FedEx. (Gene J. Puskar/AP file)
A bill that would have awarded FedEx Corp. $20 million in tax breaks for building materials failed on the House floor Monday, March 30, following a close vote.
House Bill 1978, by Rep. Mark White, R-Memphis, would have continued a long trend of tax breaks for the shipping giant. The sponsor said FedEx spent about $2.5 billion in Tennessee last year alone.
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Noah McLane
Noah McLane reports on the state house for The Daily Memphian. He was born and raised in Tennessee and attended journalism school at Middle Tennessee State University, where his passion for community-focused storytelling began.
Prior to writing for The Daily Memphian, Noah was the editor-in-chief of his college newspaper, worked on general assignment for the Jackson Hole News & Guide in Jackson, Wyoming, and was most recently an editorial intern at the Nashville Scene.
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