CARSON CITY (KSNV MYNews3) -- Unable to reach a consensus on a long-term, stable tax structure for Nevada, Senate Majority Leader Mo Denis wants to have a select committee of lawmakers study the issue and report to the 78th Nevada Legislature in 2015.
During Sunday's legislative session Denis introduced Senate Concurrent Resolution 11, which will create an interim working group that is tasked with developing a broad-based and stable revenue structure for Nevada’s educational system.
On Tuesday, Denis will also introduce one of the first Bill Draft Requests for the 2015 Legislative Session, which will implement a new, broad-based revenue stream for Nevada based on the results of the committee’s discussions. Denis released the following statement:
“Throughout the session, we were unable to reach a consensus on what type of long term, stable tax structure, is needed in order to adjust to the changing economy. This commission is not a study, rather an open and transparent means of engaging business groups, teachers, parents and labor as we create a revenue structure that adequately funds our budget, in particular our schools.”
Republican Gov. Brian Sandoval has rejected any proposed tax increases so far during the session, saying Nevada's economy is too fragile for tax increases.