State Question #3

Read more stories about 2008 ballot questions

State Question #3
Shall the Nevada Constitution be amended to require that, before it can enact an exemption from property tax or from sales and use tax, the Nevada Legislature must: (1) make certain findings regarding the social or economic purpose and benefits of the exemption; (2) ensure that similar classes of taxpayers must meet similar requirements fro claiming exemptions; and (3) provide a specific date on which the exemption will expire?

In the past Nevada voters have been asked to exempt things from the sales and use tax. Two years ago it was taxes on used cars if that money was used to buy another vehicle. Another measure would have exempted farming machinery and equipment from sales tax. The theory was more farmers and other would by the machinery here instead of going out of state. Engines and chassis of professional racing vehicles were looking for tax exemptions. So have aircraft and aircraft components.

Question Three May put an end to much of that. It amends the state constitution to require lawmakers to show three things before they exempt anyone or anything from property or sales and use tax.

They must make certain findings regarding the social or economic purpose and benefits of the exemption. Two: ensure that similar classes of taxpayers must meet similar requirements for claiming exemptions. And Three: provide a specific date on which the exemption will expire.

"We think it’s important because as I say, it is just another tool to establish sound fiscal policy." says Carole Villardo from the Nevada Taxpayers Association.

While Villardo's association backs Question Three, no one is guaranteeing if it passes it will reduce the number or type of tax exemptions law makers seek when compared to previous years.

But those who approve Question Three say a sunset date on tax exemptions can help determine if that exemption should continue or if its outlived its usefulness.

Lawmakers have passed this measure through joint resolution in both 2005 and 2007 sessions. That means if voters approve Question 3 it will amend the state constitution.


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