Tennessee Gov. Bill Lee introduced a budget amendment Tuesday that included a two-week sales tax holiday on food purchases.
The two-week sales tax holiday, which includes all grocery sales, purchases at restaurants and all prepared food, is estimated to cost the state $100 million, accounting for $25 million in grocery sales and $75 million from restaurants and prepared food.
Lee introduced a $42 billion spending proposal in February. Tuesday’s budget amendment included $580 million in new spending.
Lee’s budget proposal must be deliberated in the Tennessee Senate and House, and both chambers