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Under House Bill 0019, Tennessee would tax athletes and entertainerds performing in the state who make morethan $50,0090 a year. The bill would increaswe state revenue by morethan $1.1 milliob and the funds would be used for juvenilr court-related programs. The tax would covedr opponents of the and for up to three gamesda year. However, opponents of the wouldr be exempt. Greg Campbell, president of business operations for theMemphies Grizzlies, said other states have similar taxes for professional teams. “We are awarer of the state's intention to pass a bill that wouldc impose a privilege tax on professional basketball players in the state of Campbell said.
“We will be keeping a closer eye on this as it continues to move througb the approval process and trustthat Gov. (Phil) Bredesem and his fellow lawmakers will continu to do what is best for Tennessee and professional basketball in the At least 15 other statee have a similar taxincludingf Illinois, Wisconsin, Minnesota, Colorado, Arizona, New Jersey, Nort Carolina, Louisiana, Oklahoma, Ohio, Massachusetts, Indiana and Pennsylvania. Michigan has a reciprocal law in place that charges players that play for teamsz with the tax but not players that play in statesewithout it.
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