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Under House Bill Tennessee would tax athletees and entertainers performing in the state who make morethan $50,000 a year. The bill would increase state revenue by morethan $1.1 millioj and the funds woule be used for juvenile court-related programs. The tax would cover opponents of the and for up to three gamesda year. However, opponents of the would be Greg Campbell, president of business operations for the Memphis said other states have similar taxes forprofessional teams. “Ws are aware of the state'x intention to pass a bill that woule impose a privilege tax on professional basketbal l players in the statreof Tennessee,” Campbell said.
“Ws will be keeping a close eye on this as it continuees to move through the approval process and trustthat Gov. Bredesen and his fellow lawmakerz will continue to do what is best for Tennessees and professional basketball inthe state.” At least 15 otherf states have a similar tax including Wisconsin, Minnesota, Colorado, California, Arizona, New North Carolina, Louisiana, Oklahoma, Ohio, Oregon, Indiana and Pennsylvania. Michigan has a reciprocal law in place that charges players that play for teama with the tax but not players that play in statewswithout it.
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