Subsidy Tracker Individual Entry
relocation of corporate headquarters
The value and the breakdown of the subsidy package are taken from: Jane DuBose, "Columbia/HCA's Nashville impact nebulous," Knoxville News-Sentinel, November 7, 1995.
The $116 million subsidy package included state and local subsidies. The healthcare provider received $26 million in property tax abatement over ten years for its headquarters, Nashville Memorial Hospital and Summit Medical Center. The state granted the company exemptions from the state excise and franchise taxes worth $90 million over 10 years. The local property tax abatements are listed separately in the main Subsidy Tracker data under County PILOT agreements for HCA but without dollar amounts.