Committee advances bill extending tax exemption for large distribution projects after debate over corporate benefit The Finance, Ways and Means Committee on March 17 advanced House Bill 19-78, a measure extending a sales-and-use tax exemption for qualified building materials for large warehouse and distribution projects from 2026 to 2032. Members split over whether the extension mostly benefits a single large company and the scale of foregone revenue; the bill passed 17–9 and moves to calendar and rules.

Tennessee lawmakers are divided over a bill that extends a tax exemption for large distribution projects, raising questions about its impact on competition and state revenue.

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It’s a fair question.
Cutting jobs may pad short-term earnings, but long-term value? Debatable.
And yes — when execs hold bags of AI stocks, the “efficiency” narrative becomes a little too convenient. 🤖📈
#AI #Labor #CorporateIncentives #StockMarketGame