State to inject $200M into small businesses forced to close in pandemic

By Updated: June 03, 2020 3:10 PM CT | Published: June 02, 2020 4:22 PM CT Update

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 coronavirus
Sam Stockard

Sam 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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