a service of the Nevada Policy Research Institute

a service of NPRI


April 6, 2005
Vol 1, No. 7

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What the Ledge Hath Wrought

Evaluating the new
tax relief measure

By Steven Miller

The challenge the Nevada Legislature faced on the property tax front was not that difficult.

As the Las Vegas Review-Journal pointed out editorially, “All that was needed was a straightforward plan to reduce government revenues to what’s needed to fund minimum required functions—or at least to freeze taxes until such a plan could be devised.”

Legislative leaders, however, right from the beginning ruled out such a modest approach. Its fatal defect was precisely that it was straightforward. It did not serve what the evidence increasingly shows, session after session, to be the primary goal of this current crop of lawmakers: putting an ever-larger share of Nevada’s private-sector resources—of your resources—under their control.

So the Nevada Legislature is doing as it has done every recent session: Faithfully serving the wishes of  [more].  


Assessors seek higher cap
on property tax liabilities

Nevada’s county assessors like to pose as advocates for taxpayers.

But for the last year, they’ve been drafting new legislation that would substantially increase the tax liabilities of every home or business property owner.

Bill Links
SB 394
SB 486

Two measures—Senate Bill 394 and Senate Bill 486—were introduced the last week of March into the 2005 Legislature. Because most eyes were on the property tax relief issue, the bills drew little attention. But they reflect bill-draft requests 32-258 and 32-259, submitted by the Nevada Assessors’ Association last July.

The state Senate’s Taxation committee—chaired by Mike McGinness, R-Central Nevada Senatorial District—introduced the bills on behalf of the assessors.

Both of the measures are written to remove one of the most important protections Nevada taxpayers have—NRS 361.228, which protects all manner of intangible personal property from taxation.  [more]

Vegas Chamber supports eminent domain reform

The Las Vegas Chamber of Commerce is supporting a bill by Assemblyman William Horne that would make it more difficult for government to seize private land holdings through its eminent domain powers.

Assembly Bill 143 would strengthen the rights of property owners by requiring the government to meet more tests before it can declare a property “blighted” or rundown.

Chamber Government Affairs Director Christina Dugan writes about the issue on the Chamber's website. She discusses the Pappas case and notes that under current law, if the government finds that a piece of property has  “inadequate provisions for ventilation, light, sanitation, open spaces and recreational facilities,” it can be classified as blighted. Similarly, a supposed “faulty arrangement of the interior and spacing of buildings,” can lead to property being categorized as blighted.

Read Ms. Dugan's article here.

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