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Court rules Nevada tax measures have to meet two-thirds vote


Court rules Nevada tax measures must have two-thirds vote
KEN RITTER and SAM METZ, Associated Press
May 13, 2021
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CARSON CITY, Nev. (AP) Nevada state lawmakers are bound by a state constitutional requirement to approve revenue-generating decisions with two-thirds majority votes, the state Supreme Court decided Thursday.
In a decision with more than $100 million in implications for lawmakers now in session, the seven justices sided unanimously with Republican state lawmakers and rejected arguments by Democrats.
The court declared the “plain language of the supermajority provision” requires more than a simple majority to extend existing revenue sources. In 2019, legislative attorneys advised Democratic leaders that they could prolong two revenue streams with simple majority votes a Department of Motor Vehicles transaction fee and a payroll tax. ....

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Nevada's revenue expected to rebound in second half of 2021 – Nevada News and Views


Nevada’s revenue expected to rebound in second half of 2021
May 7, 2021
People ride an escalator along the Las Vegas Strip, Saturday, April 24, 2021, in Las Vegas. Las Vegas is bouncing back to pre-coronavirus pandemic levels, with increases in airport passengers and tourism.
AP Photo/John Locher
(
Robert Davis) A panel of fiscal experts in Nevada issued their forecast for the state’s biennial budget on Tuesday.
Nevada’s Economic Forum said on Tuesday that they anticipate state revenue to be $582.6 million more than what the body projected in December as the state’s vaccination rate increases and reduced restrictions on businesses allow the economy to recover. ....

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