State to inject $200M into small businesses forced to close in pandemic
Gov. Bill Lee announces a $200 million relief program Tuesday, June 2, at Arnold's Country Kitchen in Nashville for small businesses forced shut down by the pandemic. (Sam Stockard/The Daily Memphian)
The Department of Revenue will look at the sales taxes reported by businesses statewide and prepare to make payments ranging from $2,500 for the smallest to $30,000 for the largest ones, as the state distributes federal CARES Act funds.
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Kahlil Arnold Bill Lee David Gerregano Raumesh Akbari coronavirusSam Stockard
Sam Stockard is a Nashville-based reporter with more than 30 years of journalism experience as a writer, editor and columnist covering the state Legislature and Tennessee politics for The Daily Memphian.
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