SB 69
Revises provisions relating to economic development. (BDR 32-369)
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Sign in to take action- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Bill overview
This bill changes how economic development projects receive tax breaks and credits in Nevada. It requires companies investing at least $1 billion in the state to enter into agreements with local governments (cities, counties, and fire protection districts) to pay for the services and infrastructure needed to support the project. These agreements are designed to ensure local governments benefit from the investment. The bill also clarifies the process for applying for these incentives and establishes confidentiality protections for related agreements.
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Primary sponsor
Senate Committee on Revenue and Economic Development
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