Wednesday, January 27, 2010

Rutherford wants fees, taxes reinstated

MURFREESBORO — Rutherford County used to count on about $350,000 in motor vehicle fees and sales taxes from Nissan employee auto leases, but a new state law made most of that disappear.
"The state comes in here and cuts our throats again," County Commissioner Gary Farley said Monday night during the commission's Public Safety Committee meeting. "They killed us on the matter in my opinion."

The Tennessee General Assembly passed the law last year at the urging of Gov. Phil Bredesen.

It was an incentive to help lure Volkswagen to Chattanooga, but sales tax, registration and renewal exemptions there also apply to any original equipment manufacturer in the state.

The commission's Public Safety Committee unanimously voted to recommend the law be changed so that taxes will still be collected for cars Nissan employees lease as part of their company benefits.

The request goes to another committee, then the full commission at its Feb. 11 meeting.

Contact Scott Broden at 615-278-5158 or sbroden@dnj.com.



Investor Report: New Treasury ProgramNissan sales improve 21 per cent over year-earlier period