The Boring Company’s Music City Loop project in Nashville may be privately funded, but a bill that advanced on Feb 24. proposed a regulatory board that could cost the state’s general fund millions in annual expenses.
The Music City Loop is a “zero-emissions high-speed transit system connecting downtown Nashville to the airport” says The Boring Company’s website. It will use electric vehicles and an underground tunnel system to allow users to bypass heavy traffic for a fee.
Elon Musk’s The Boring Company says the project will be funded “using no tax payer dollars for construction or operation” and is expected to cost “a few hundred million dollars.” Will the project’s oversight inadvertently cost Tennesseans millions in funds typically reserved for public safety, health and human services and public education?
How much would the state board members, CEO make?
Sponsored by Tennessee Senate Majority Leader Jack Johnson, R-Franklin, SB 2205 would create a Subterranean Transportation Infrastructure Coordination Authority with a cost of $5.4 million for fiscal year 2026-2027 and over $4.7 million yearly after that. The team, which would regulate all underground transit projects starting with the Music City Loop, would include an 11‑member board and other staffers in newly created state positions, for a total of about 20 employees…