December 31, 2005

Major Tennessee Business Group Backs TABOR

Ben Cunningham sent along a link to the PDF of the Tennessee Chamber of Commerce and Industry's legislative agenda for 2005, which includes (on page 7-8) an endorsement of the Taxpayers' Bill of Rights concept. Specifically, the organization, which represents Tennessee's manufacturers, expressed support for legislation to "cap spending growth in state funds at the growth in the state's economy and not allow simple legislative override, but instead require reserving or rebating funds above that rate." The Chamber also endorsed the proposal in 2004 and I expect to find it on their priority list for 2006 as well. Watch this space.