NTA shares legislative reports with BN readers
the nevada taxpayers association has agreed to allow BusinessNevada readers to access its thoroughly researched and authoritative bill status reports from the Nevada Legislature.
Prepared by NTA President and statewide tax authority Carole Vilardo, the bill status reports are normally only available as one of the perks of taxpayer association membership.
To access the current report, No. 12, or last week's, No. 11, click on "Bill Status Reports" in the column at right. The current report contains a summary of the status of all bills, not reported in Issue 11. The status report is current as of the first house passage deadline (April 26) and contains notes about amendments, or positions changed or taken by the association.
Bankruptcy law could
Creditors ranging from big banks to small businesses are welcoming the recent bankruptcy reforms, but some professionals who represent creditors warn that there might be some consequences, particularly in Nevada, to dampen the enthusiasm.
The law is intended to end the abuse of the bankruptcy process that wipes out millions of dollars that debtors could or should pay but the immediate impact is likely to be a rapid increase in filings as debtors seek the current law's more lenient treatment, which does not expire until October.
Since the effectiveness of some provisions of the new law are debatable, local bankruptcy attorneys say the new law might not always benefit creditors. [continued]
Although a proposal to increase the minimum wage in Nevada won support at the polls last year, numerous business representatives told a Senate panel Tuesday the electorate was ill-informed.
Democratic and union proponents often cited the will of the people in seeking immediate enactment of the ballot initiative, but restaurateurs and franchisees told the Senate Commerce and Labor Committee to wait until they could embark on an education campaign. [continued]
Downtown Vegas project
teaches hard lessons
The clark county Regional Justice Center was supposed to be the glittering jewel of downtown Las Vegas, a civic symbol for a community on the rise. Instead, it has become a lead weight and a costly embarrassment, serving as an untoward reminder of Clark County's shortcoming. [continued]