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NASHVILLE, Tenn. -- Tennessee Governor Bill Lee and the Financial Stimulus Accountability Group (FSAG) today announced an initial $50 million in federal Coronavirus Relief Funds for the new Supplemental Employer Recovery Grant (SERG) program to provide additional relief to small businesses suffering during the COVID-19 pandemic. This new wave of funding includes specific support for minority-owned, women-owned and veteran-owned businesses, as well as businesses owned by disabled persons.

Businesses eligible for the Tennessee Business Relief Program have until September 25, 2020 – one month from now - to confirm their information with the Department of Revenue so they can receive up to $30,000 in no-cost funds from the state.

The Department of Revenue has added more information on its website about out-of-state dealers and marketplace facilitators, including important notices and frequently asked questions.

The Department of Revenue has issued a new important notice regarding tax filing deadline extensions for franchise & excise taxes and Hall income tax in Bradley and Hamilton counties due to damage from the April tornadoes and severe storms