Tennessee lawmaker asks AG if tax breaks for Bible park are OK?
Tennessee lawmaker asks AG if tax breaks for Bible park are OK? Save Email Print
Posted: 11:27 AM Apr 11, 2008
Last Updated: 11:27 AM Apr 11, 2008

A | A | A

MURFREESBORO, Tenn. (AP) -- A lawmaker has asked the state attorney general whether it's appropriate for Rutherford County officials to authorize tax breaks for a proposed Bible theme park.

Rep. Donna Rowland, a Murfreesboro Republican, wants to know if the county can legally authorize tax-increment financing for religious businesses.

Developers have argued Bible Park USA is not a religious park, and want the county to forgo about $27.9 million in property taxes to pay for bonds taken out to build the park.

Based on the developers' projections, the county would receive $122 million in sales and property tax revenue during that 22-year agreement.

Zoning and financing for the 282-acre project is expected to be decided by Rutherford County commissioners next month.

------

Information from: The Daily News Journal, http://www.dnj.com

(Copyright 2008 by The Associated Press. All Rights Reserved.)

More Stories
WVLT, CBS announce programming changes due to Michael Jackson memorial

SC cops say serial killer suspect slain in NC

14 named in Morgan County drug ring indictment

SOURCE: 1 dead after two workers trapped by concrete in Loudon County

Clinton police chief fired over single incident

Mastercraft recalling workers

Steve McNair merchandise sales, value expected to rise

Holiday weekend provides boom for some businesses

Currently
Local Radar
Radar