SB 461
Revises provisions relating to economic development. (BDR 32-1070)
Take action
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Bill overview
This bill aims to encourage economic development in Nevada by offering partial deductions on property, business, and sales taxes to businesses that locate or expand in the state, specifically targeting high-impact industries like electric battery production, clean energy, and advanced manufacturing. The Office of Economic Development will determine eligibility and calculate the deduction amount, subject to certain limitations and requirements, including offering primary jobs and meeting specific workforce criteria. The bill also extends existing economic development incentives and creates new programs to support infrastructure and workforce development.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Senate Committee on Revenue and Economic Development
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.