August 23, 2014
CARSON CITY, Nev. (AP) - Assembly Speaker Marilyn Kirkpatrick has introduced a revised plan to close loopholes in Nevada's live entertainment tax.
AB508 is a redo of an earlier bill that sought to impose an 8 percent tax on just about anything that involves an admission charge.
The latest version seeks to close loopholes in the existing live entertainment tax and removes movie tickets, golf and gym memberships from the levy.
Republicans dubbed the original proposal the "family fun tax."
Kirkpatrick, a North Las Vegas Democrat, says her goal is to broaden the base while lowering the tax rate.
She says too many large events escape paying the tax.
A hearing on the new bill likely will be held Sunday, the day before the 2013 Legislature must adjourn.
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