Top Republicans push creation of a new state board to oversee Nashville tourism tax revenues

Top Republicans push creation of a new state board to oversee Nashville tourism tax revenues

Tennessee's top Republicans want to create a new board to oversee surplus tax funds from Nashville's downtown tourist development zone. (Photo: John Partipilo)In play for more oversight of Nashville’s tourist tax dollars, Tennessee Republican lawmakers want to create a state-controlled board to oversee the extra cash from Nashville’s downtown tourist development zone. The new legislation unveiled Wednesday would create a joint capital tourism bo…

State wants Music City Center surplus to fund East Bank - Nashville Banner

Leaders in the Tennessee General Assembly are advancing a plan to extend the tourism-based revenue streams that currently fund the Music City Center while setting up a system to allocate surpluses from the tax generation for uses on the East Bank and in the downtown Nashville entertainment district.  The Music City Center’s construction was funded by a Tourism Development Zone and other funding streams, including a portion of sales taxes collect…