NFIB pushing small business bills
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KINGSPORT - The Tennessee branch of the National Federation of Independent Business is pushing for policies friendly to small business, including re-establishment of state compensation for collecting state sales taxes. State NFIB Director Gary Selvy during a visit to Kingsport for a "town meeting" on the CoverTN health insurance program for small business employees said it is only fair the vendors compensation halted in 1999-2000 be reinstated since revenues are up and Tennessee still pays out-of-state retailers to collect the Tennessee sales tax. The change would cost the state an estimated $14 million and would cap monthly payments at $25. In addition, Selvy expressed hope the General Assembly would adopt Gov. Phil Bredesen's executive order calling for regulatory flexibility for small businesses into law. Selvy also said Bredesen acted wisely in delaying the streamlined sales tax proposal set for July 1 by at least two years and predicted "baby steps" in medical malpractice tort reform and a general workplace smoking ban, with some exceptions carved out, would pass the General Assembly this year. For more information, visit www.nfib.com.
Thompson & Litton adds 10 stockholders
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WISE - The shareholders of Thompson & Litton recently celebrated 51 years in business by announcing 10 additional stockholders. At the company's annual meeting March 13, shareholders authorized the sale of corporate stock to the 10. T&L's four managing principal owners are Ron Helton, president and chief executive officer; Jim Thompson, chairman; Bill Thompson, vice president of architecture; and Bill King, vice president of project management. The new stockholders are Steven D. Brooks, Ronald E. Heim, Gregory H. Hurst, Robert W. Massie, Tomothy A. Mullins, Jack Murphy, Patrick M. Murphy, Darrell K. Stapleton, Mark E. Swecker and Gregory D. Widener. The 10 represent 184 cumulative years of service with T&L and include engineering, architectural, administrative and financial employees. Thompson & Litton, an engineering, architectural, surveying and construction firm, was founded in Wise in 1956 and is still headquartered there. It also has offices in Wise, Radford, Tazewell and Clintwood, Va., and Bristol, Tenn. Current projects include Tazewell, Chatham and Deerfield correction facilities for Virginia, the Booth Center at the Appalachian School of Law in Grundy, the Western Virginia Regional Jail in Roanoke, the Great Lakes to Florida Highway Transportation Museum in Wytheville, the Bristol train station, and the Highlands Community Services facility in Abingdon.