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Nevada Keeps Bills to Repeal Mining Tax Cap Alive

In Nevada a Senate committee is keeping alive some bills that will raise the tax dollars for the state. On Thursday the Senate Revenue Committee exempted several measures from a ‘vote or die’ deadline on Friday.

Out of the proposals due for extended consideration some that stand out are a resolution to cap mining taxes and a bill that sends a portion of tax revenue to state coffers from the Clark and Washoe counties.

It was felt by the legislators that they needed extra time to consider these measures. These involve a lot of money that could prompt layoffs in county governments and these say that they are already operating with low manpower. In particular the counties of Clark and Washoe would bring the state over $644 million that is direly required by the county governments.

Clark County Commissioner Susan Brager said to the legislators that they recognized that the legislators were in a very difficult position, but they asked that the legislators recognize that they were in a very difficult position as well. City and county employees are already taking pay cuts and basic services could become even more understaffed.

The lawmakers are still considering a change from the 5% capped mining taxes for the state of Nevada as well. The tax rates have been in effect since 1864 and now the state would like to also cut into a piece of the action with the booming mining industry. However changing the rules would need the approval of the measure in two consecutive sessions.

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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