NV SB69 | 2025 | 83rd Legislature

Status

Spectrum: Committee Bill
Status: Introduced on February 3 2025 - 25% progression
Action: 2025-02-03 - Read first time. To committee.
Pending: Senate Revenue and Economic Development Committee
Hearing: Feb 13 @ 1:00 pm in Room 2149
Text: Latest bill text (Introduced) [PDF]

Summary

AN ACT relating to taxation; revising provisions governing audits conducted by the Department of Taxation of recipients of a partial abatement of certain taxes imposed upon a new or expanded data center; requiring an applicant for the issuance of transferable tax credits and the partial abatement of certain taxes for a project that is located in an economic diversification district to enter into an agreement with certain local governments to defray the cost of services provided by the local governments; revising provisions governing applications for the issuance of transferable tax credits and the partial abatement of certain taxes for a project that satisfies certain capital investment and other requirements; authorizing a fire protection district to abate certain fees; and providing other matters properly relating thereto.

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Title

Revises provisions relating to economic development. (BDR 32-369)

Sponsors


History

DateChamberAction
2025-02-03SenateRead first time. To committee.
2024-11-26SenateFrom printer.
2024-11-20SenatePrefiled. Referred to Committee on Revenue and Economic Development. To printer.

Nevada State Sources


Bill Comments

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