August 20, 2014
The committee vote will be followed by a full Assembly vote.
Then the plan goes to the Senate for final legislative action.
Lawmakers want to send the proposal to Governor Guinn by the end of
Using a clause in the Nevada Constitution that allows tax
exemptions for homeowners experiencing "severe economic
hardship," the bill would cap property tax increases at three
percent for all single-family, owner-occupied residences.
Other properties - largely commercial property and residences -
would get a reduction based on a 10-year average increase or would
see bills capped at twice the rate of inflation, whichever provided
a bigger tax break.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.