(NASHVILLE, TN), October 7, 2011 – Senate Finance Chairman Randy McNally (R-Oak Ridge) said today he is very pleased with the agreement announced yesterday by Governor Bill Haslam, legislative leaders and Amazon officials regarding a sales tax solution. The agreement resulted in Amazon’s commitment to bring 2,000 more full-time jobs than were originally announced, as well as thousands of seasonal jobs.
Under the agreement, which will require legislative action to implement, Amazon will also begin to collect Tennessee sales taxes beginning January 1, 2014 unless a national solution is addressed before that time.
“I am very pleased that a solution has been reached and that Amazon will be home to more than 3,500 employees in Tennessee, which is 2,000 more than originally anticipated,” said Chairman McNally, who could not attend yesterday’s announcement due to a prior commitment. “It is a fair and equitable agreement which I fully support.”
“Having this discussion, we are in a far better position than we were left by the previous administration. Brick and mortar businesses are the backbone of our economy. I applaud Governor Haslam and his team, Speaker Pro Tempore Bo Watson, Amazon officials, and others who worked diligently on this matter. I also appreciate the excellent advice provided by the Attorney General, who spent a lot of time working on this important issue. I look forward to working with all of these parties as we move forward during the upcoming legislative session to pass legislation to implement this agreement into law.”