TN SB0907

Taxation

Introduced Senate Ferrell Haile (R)
Plain English Summary

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Positive media analysis is being generated.

Critics Say

Critical media analysis is being generated.

Conflict of Interest Analysis Personal Interests
8/10
Risk Level
High
Policy Area
Taxation
Industry Overlap
50%
Personal Conflicts
1 found

Senator Ferrell Haile's sponsorship of SB0907 presents a significant potential conflict of interest due to his personal financial interests in the pharmaceutical industry. As a licensed pharmacist and owner of Perkins Drugs & Gift Shoppe, he stands to benefit directly from the bill's provisions that exempt certain prescription drugs from business tax. This exemption could lead to increased sales and profitability for his pharmacy, particularly for drugs that exceed the Medicare cost threshold outlined in the legislation.

Additionally, Haile's role as a board member of Sumner Regional Medical Center further intertwines his interests with the healthcare sector, as the bill impacts healthcare costs and the administration of prescription drugs. The alignment of his professional and business interests with the bill's subject matter raises concerns about his ability to impartially advocate for the legislation, as it could lead to personal financial gain through enhanced sales and reduced tax burdens for his pharmacy.

Sponsor's Personal Financial Interests

Unlike federal analysis based on campaign donations, state analysis examines legislators' personal financial interests — their jobs, businesses, and investments.

Type Description Industry Source
Occupation Pharmacist Pharmaceuticals/Health Products TN Legislature bio
Business Owner Owner of Perkins Drugs & Gift Shoppe AI-researched
Board Member Board Member of Sumner Regional Medical Center TN Legislature bio
Employer HAILE FARMS TN Ethics Commission
Employer GEORGIAN MANOR APTS. TN Ethics Commission
Employer STEVE FREEMAN FARMS TN Ethics Commission
Employer 2005 CAIRO RENTAL TN Ethics Commission
Business Owner GEORGIAN MANOR APTS. CO-OWNER from Jan 1992 to Apr 2026 TN Ethics Commission
Business Owner SUMNER COUNTY ANTIDRUG COALITION ADVISOR from Jan 2014 to Dec 2014 TN Ethics Commission
Business Owner WORLD CHRISTIAN BROADCASTING BOARD MEMBER from Jan 2006 to Jul 2014 TN Ethics Commission
Business Owner STATION CAMP CHURCH ELDER from Jan 2010 to Jan 2017 TN Ethics Commission
Business Owner STATION CAMP CHURCH BOARD OF TRUSTEES CHAIRMAN from Jan 2017 to Apr 2022 TN Ethics Commission
Business Owner APCI BOARD MEMBER from Jan 1992 to Apr 2016 TN Ethics Commission
Business Owner SOUTHEAST COMMUNITY FIRE DEPT. PRESIDENT OF THE BOARD from Jan 1991 to Apr 2022 TN Ethics Commission
Business Owner CHRISTIAN TOWERS BOARD MEMBER from Jan 1992 to Jan 2014 TN Ethics Commission
Asset GEORGIAN MANOR APTS.; TN Ethics Commission
Asset RAYMOND JAMES FINANCIAL SERVICES TN Ethics Commission
Asset Leadership PAC: HAILEPAC TN Ethics Commission

Items marked "AI-researched" are generated from public sources but have not been independently verified. Verified data is sourced from official legislature websites and disclosure filings.

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About This Analysis

This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Tennessee General Assembly. Conflict analysis examines the sponsor's personal financial interests for potential overlaps with the bill's subject matter.