SB 364
Revises provisions relating to economic development. (BDR 32-799)
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Sign in to take action- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Bill overview
This bill revises provisions related to economic development in Nevada by authorizing businesses to apply for partial abatements of property taxes, business taxes, or sales and use taxes on the construction or expansion of railroad infrastructure. It outlines specific requirements for these abatements, including agreements with the Office of Economic Development, provisions for audits, and public disclosure of audit reports. The bill also addresses the interaction with the Nevada New Markets Jobs Act and requires periodic cost-benefit analyses of economic development incentives.
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Primary sponsor
Michelee "Shelly" Cruz-Crawford
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