Tennessee Tax Law Changed to Help Fund Arena
NASHVILLE, Tenn. -- Tennessee legislators last week approved a new car rental tax law, paving the way for a 2% surcharge on car rentals at Memphis International Airport to help fund construction...
NASHVILLE, Tenn. -- Tennessee legislators last week approved a new car rental tax law, paving the way for a 2% surcharge on car rentals at Memphis International Airport to help fund construction of a new arena for the Memphis Grizzlies NBA team.
The Grizzlies relocated from Vancouver to Memphis last year. A $250 million arena is planned for construction. Meanwhile, the team is playing games at The Pyramid arena, which opened in 1991.
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