A bill closing a tax loophole revealed by a Las Vegas Review-Journal investigation passed the Legislature on its last regular session day and awaits action by Gov. Joe Lombardo.
Dem. Assembly Leader Sandra Jauregui told lawmakers a measure requiring local governments to track developments “will bring more homes online” in Nevada.
The measure allows local governments to offer developer incentives, such as increased density or multi-story development, in the interest of augmenting affordable housing stock and taking advantage of infill opportunities.