TBA Law Blog


Posted by: Stacey Shrader Joslin on Jun 3, 2020

Gov. Bill Lee and other state leaders yesterday unveiled a $200 million fund to help various small business owners hurt by the COVID-19 pandemic, the Nashville Post reports. Lee teamed with Lt. Gov. Randy McNally, House Speaker Cameron Sexton and others to announce the Tennessee Business Relief Program, which will channel federal CARES Act money through the Department of Revenue to small companies such as restaurants and bars, hair salons, fitness centers and various entertainment venues. An estimated 28,000 businesses are expected to qualify for the aid. More information will be available on the Department of Revenue’s website in the coming days. A second round of relief for other businesses also is under discussion.