'Hybrid' bill's chances
weaker than it
By Steven Miller
property tax solution passed by the Nevada Assembly
yesterday may be far from the done-deal that media
reports have suggested.
is highly complex. Finally in bill form, it is
In the Senate the
proposal of Democrat Minority Leader Dina Titus for a
one-year freeze is gathering important new momentum,
while beneath the surface in the Assembly, anxiety
remains over AB 489.
Behind the Senate
development is concern over the double-digit tax
increases still set to sting Nevada commercial and
business property owners under the Assembly proposal.
That bill would stick Clark County businesses with
property tax increases of over 13 percent, the Las
Vegas Review-Journal reported Wednesday.
In addition, the legislation would impose a “split roll”
regime of higher taxes on all property owners but
homeowners—notwithstanding the Nevada Constitution’s ban
on any property tax assessment scheme that is not
“uniform and equal.”
Because AB 489’s split-roll provision is a virtual
invitation to a legal challenge, GOP senators now see
the Titus proposal as good protection for all property
owners, should the “hybrid” solution fail in the courts.
Titus has said she could try to freeze all taxes this
year—including both residential and commercial
properties—and postpone the main provisions of the
assembly bill to the year afterward.
Sen. Warren Hardy, R-Las Vegas, noted that AB-489 has
been represented as a compromise between Assembly
Majority Leader Barbara Buckley and Assembly Minority
Leader Lynn Hettrick. But while Assembly leaders “might
view the compromise as a long-term fix,” he said, “I
don’t think we [in the Senate] do.”
Hardy told the Las Vegas Sun that he and others
worry about the burden imposed on businesses under the
“Some of us are looking for ways to make sure businesses
are treated fairly. We certainly don’t like the split
roll,” he said. Hardy also pointed out that a freeze
would also help “compel local government to tighten
their belts a little bit. I don’t think that’s a bad
Know business people
interested in these issues?