Rep. Watson: Capital Hill Review

Tuesday, December 17, 2013 - by Rep. Eric Watson

State Legislature Faces Several Key Issues 

The second half of the 108th General Assembly is set to begin on Jan. 14, with several key issues on tap this year including taxes and jobs. With preliminary work already done on many issues facing the General Assembly, expect lawmakers to get off to a quick start for what is expected to be a short but busy legislative session. 

Tax Reduction — The governor’s budget proposal will likely fund the next phase of inheritance tax relief by raising the exemption level to $5 million in 2015.  The General Assembly approved legislation in 2012 and 2013 phasing out the “death tax” by 2016, as well as reducing the sales tax on food from 5.5 percent to 5.0.  In 2012 lawmakers eliminated Tennessee’s gift tax.  I have continually focused on putting money back into the pockets of the citizens.  As we go forward with the next phase, I will fight for the people of my district.

In addition, the legislature voted to raise the exemption level to allow more senior citizens to be exempt from the Hall Income tax in 2011 and 2013.  Since enactment of the Hall tax in 1929, the use of investment savings has grown as a primary source of retirement income.  Expect some continued Hall tax relief efforts to come before the legislature in 2014. 

Continued Focus on Job Creation is “Job One” in 2014 — Another area in which Tennessee is looking to be the fastest improving state in the nation is high quality job growth.  In addition to preparing students for the 21st century global marketplace, the legislature will continue its efforts to create a business-friendly climate which draws new and better paying jobs to the state.

I am extremely proud of the efforts that my colleagues and I have done over the past several years, with the number of initiatives that we have passed to create and grow jobs including tort reform to provide predictability to business and workers’ compensation reform to create a streamlined system for employees and employers.  In addition, the state also has one of the lowest state and local tax burdens in the U.S. 

As a result of these and other efforts, Tennessee has gained approximately 140,000 new private sector jobs since January 2011.  The state ranks first in the Southeast and 10th in the nation for personal income growth, and first in the Southeast and 5th in the nation for job growth.  Expect efforts to continue to focus on fostering entrepreneurship in Tennessee and on the growth of new and expanding businesses.


Chattanooga Bar Association Poll Results Of Judicial Candidates Should Not Be Considered

I want to remind the voters to consider Catherine White for judge of Hamilton County Circuit Court and Joe Manuel for judge of Chancery Court in the Republican primary.  Both of their opponents have been advertising that each has won the endorsement of the 800 member Chattanooga Bar Association when their members voted between the candidates who are seeking the judicial position, ... (click for more)

Why We Are Voting For Joe Manuel For Chancellor

We are voting for Joe Manuel for chancellor.   We have known Joe for several years, meeting him first at the Hamilton County Pachyderm Club where he served as president.  He served during a time when he had to find a new meeting place for our weekly meetings and he guided us through that turmoil to a very satisfactory location that he referred to as “Our House” and ... (click for more)

City Set To Move Ahead On Study For Light Rail System; But Some Council Members Skeptical

City officials are set to move ahead in applying for a grant to study setting up a light rail system in Chattanooga, though some City Council members are skeptical. Blythe Bailey, city transportation director, said it might cost $20 million to set up a system that would use the Missionary Ridge Tunnel to go from downtown to the Chattanooga Airport as well as the Enterprise South ... (click for more)

Funeral Arrangements Set For Renee Card Monroe, Killed Monday In ATV Accident

Funeral arrangements have been set for Renee Card Monroe, 60, who was killed, along with her two grandchildren, Reagan and Jaxson Cohen, in an ATV accident on Monday when their ATV toppled into a pond. A lifelong resident of Chattanooga, Ms. Monroe was an active member of Eastwood Baptist Church where she helped lead a small Bible study group. Ms. Monroe was an entrepreneur ... (click for more)

Donnie Tyndall Hired To Lead Tennessee Basketball Program

KNOXVILLE, Tenn. -- University of Tennessee vice chancellor and director of athletics Dave Hart announced Tuesday the hiring of Donnie Tyndall as the Volunteers’ 19 th  men’s basketball coach. Tyndall will be introduced at a press conference at 2 p.m. ET at Pratt Pavilion. The 43-year-old Tyndall joins Tennessee from Southern Mississippi, where he posted ... (click for more)

Cleveland, Thompson Knock Trojans Out Of Share Of 5-AAA Lead

CLEVELAND, Tenn. – Cleveland right-hander Taylor Thompson sent Soddy-Daisy hitters a clear message early in Tuesday’s District 5-AAA baseball game – “I’m on tonight, boys.” Thompson threw a neat three-hitter and struck out 10 as the Blue Raiders defeated Soddy-Daisy, 6-1, at Raider Field to knock the Trojans out of a share of first place in the district. “If I get settled ... (click for more)