• About Us
  • Activity
  • Advertising
  • Books
  • Business
  • Contact
  • Dashboard
  • EB5
  • Entertainment
  • feedback
  • Forgot Your Password?
  • Government
  • Home
  • Interviews
  • Login
  • Members
  • Meme generator
  • National
  • Nevada
  • Nevada News and Views
  • Newsmax
  • NN&V Ads
  • Opinion
  • Pick a New Password
  • Politics
  • Polls
  • Privacy Policy
  • Profile
  • Recent comments by me
  • Recent comments on my posts
  • Register
  • Submit post
  • Subscribe
  • Subscription Confirmation
  • Survey
  • Survey
  • Terms of Service
  • Today’s Top 10
  • Travel
  • Travel
  • Travel
  • Welcome!
  • Yop Poll Archive
Nevada News and Views
  • About Us
  • Advertising
  • Contact
  • More
    • Nevada
    • Opinion
    • Business
    • Travel
    • News
    • Sports
  • Facebook

  • Twitter

  • Pinterest

  • RSS

Politics

Sandoval’s business tax advances to Senate floor

Sandoval’s business tax advances to Senate floor
N&V Staff
March 31, 2015

(Sandra Chereb of Las Vegas Review-Journal) – Carson City — Gov. Brian Sandoval’s plan to raise hundreds of millions of dollars for education by tying state business license fees to gross receipts was approved Tuesday by a Senate committee on a party-line vote.

The Senate Revenue Committee amended and approved Senate Bill 252 on a 4-3 vote. The measure now moves to the Senate floor, where getting votes needed for passage becomes more difficult.

SB252 would establish a tiered business license rate depending on the type of industry and gross revenue. It would replace a flat $200 annual levy currently paid by companies big and small. Under the measure, business license fees would range from $400 up to $4 million annually, though no existing business currently meets the revenue threshold to pay the highest amount.

The measure is the cornerstone of Sandoval’s $7.3 billion general fund budget proposal that includes $1.1 billion in new or extended taxes to finance an aggressive education agenda. The administration says overhauling the business license fee schedule is the fairest way to raise revenue and would bring in $250 million a year.

To read the full article, click here.

Prev postNext post

Related ItemsSB252
Politics
March 31, 2015
N&V Staff

Related ItemsSB252

More in Politics

Lombardo: My Promise to Nevadans

N&V StaffNovember 4, 2022
Read More

Question 1 on Nevada Ballot is Not What It Seems

N&V StaffNovember 1, 2022
Read More

Some Cheerful News on Flat Rate Taxes

N&V StaffOctober 21, 2022
Read More

Viguerie: If We Stand Up for Parents’ Rights Now, We Will Win!

N&V StaffOctober 7, 2022
Read More

Our Cops Have Had to Pay for This

N&V StaffOctober 5, 2022
Read More

Help a Sheriff Fire a Corrupt Governor?

N&V StaffOctober 4, 2022
Read More
Scroll for more
Tap

Subscribe Free By Email

Looking for the best in breaking news and conservative views? Let Chuck do all the work for you! Subscribe to his FREE "Muth's Truths" e-newsletter.

* indicates required
Nevada News and Views
Nevada News & Views is an educational project of Citizen Outreach Foundation, a non-partisan IRS-approved 501(c)(3) organization. It is not associated or affiliated with any political party or group. Nevada News & Views is accessible by the public at no cost. It funds its operations through tax-deductible contributions from donors and supporters and does not accept government money or grants.

TAGS

Featured Article Nevada Politics business Muth's Truths government Opinion Government Muth’s Truths Obama Ron Knecht News Donald Trump GOP Republicans

Copyright © 2022 Citizen Outreach | Maintained by VirtualAlly

Berkley, Heck, Rory: No plans to run for Reid Senate seat
Court papers show legislative extortion probe includes alleged wiretap, false political finance reports