Summary of Bills in Matrix

Revenue/Budget Issues

As of June 8, 2009

Listed below is the general topic of each bill in this category that RAIN is currently following. A discussion and/or explanation of RAIN's position on each bill is shown in blue.

• AB 165 (2) (BDR 580)
  Revises the provisions governing the Fund to Stabilize the Operation of the State Government. (BDR 31-580).  Became law without signature of Governor.
   
• AB 205 (3) (BDR 724)
  Technical amendments to taxation statutes.  Passed.
   
• AB 369 (3) (BDR 916)
  Currently NRS 361.111 provides a tax exemption for property held by the Archaeological Conservancy, Nature Conservancy, American Land Conservancy and Nevada Land Conservancy. This bill amends the statute to remove the names of specific organizations and provide the exemption for the property of nonprofit, 501(c)3 organizations that are organized principally for the conservation of land,  cultural resources and natural resources. The statute requires that the property is being held for acquisition by the State or a local governmental unit, and this bill includes the Federal Government as an additional entity. This bill also provides for an additional exemption from taxation if the property is being held indefinitely for purposes of conservation, education or environmental protection.  Passed. 
   
• AB 522 (3) (BDR 1139)
  Makes various changes relating to energy.  Passed. 
   
• AB 543 (3) (BDR 1187)
  Temporarily redirects a portion of the taxes ad valorem levied in Clark and Washoe Counties to the State General Fund and revises the provisions governing the imposition and use of a supplemental governmental services tax in certain counties.  Passed over Governor’s veto. 
   
• AB 552 (2)
  AN ACT relating to taxation; increasing the fee charged by the State for collecting certain local sales and use taxes; establishing the required time for payment to the State of certain proceeds from taxes on revenue from the rental of transient lodging; making permanent a temporary reduction in various allowances for the tax on intoxicating liquor, cigarettes, and other tobacco products; collection of sales and use taxes and taxes on intoxicating liquor, cigarettes and other tobacco products; and providing other matters properly relating thereto. Passed over Governor’s veto.  
   
• AB 562 (1)
  General appropriations bill to fund the operations of State government. Passed over the veto of the Governor. 
   
• SB 276 (3) (BDR 724)
  Existing law imposes a tax on each deed by which lands, tenements or other realty are assigned, transferred or otherwise conveyed. (NRS 375.020) Under the existing law, payment of the transfer tax can be avoided if the instrument memorializing the transfer is not recorded pursuant to NRS 111.315.  Sections 2-9 of this bill require payment of the real property transfer tax on transfers of property evidenced by land sale installment contracts.  Recommendation:  (3) Passed. 
   
• SB 429 (1)
  Tax bill to pay for government operations authorized in AB 562, increasing payroll, modified business tax, general services tax, and a portion of the sales tax. Passed by override of Governor’s veto. 
   
• SCR 37 (1)
  Provides for Interim Finance Committee to conduct a review of Nevada’s revenue structure and to provide long-term stabilization of revenue. A Subcommittee is to be appointed to carry out the following functions: (1) review proposals for broad-based taxes which are fair and equitable; (2) examine strategies for mitigating tax burdens on both businesses and consumers, including reductions, if possible, in existing taxes both state and local; (3) consider public’s willingness to have existing taxes decreased as other tax revenues become available; (4) using current statistical information, propose strategies and recommendations to advance the State of Nevada in nationwide rankings in key quality-of-life areas, including education, health, and human services, etc.; and (5) develop a quality of life vision for the State of Nevada for a 5, 10, and 20 year period. A Vision Stakeholder Group is to be appointed by the Subcommittee from a list of selected sectors in society to assist the Subcommittee in developing its aforesaid plans; and money will be made available to retain the services of a qualified, independent consultant to review Nevada’s public revenue structure and to make recommendations. Reports are due on or before July 1, 2010. Passed and filed. 
   

     RAIN Position on Legislation

• (1) = High level of support (publicly stated)
• (2) = Moderate support
• (3) = Neutral
• (4) = Moderate Opposition
• (5) = Strong opposition (publicly stated)
• (6) = Proposal Awaiting Review by RAIN Board

Explanation of Symbols
†	BDRs that will result in legislation needing RAIN Board scrutiny
P	Passed by both houses of the Legislature
D	Did not pass
NA	No Action
E	Bills exempt from normal legislative deadlines. Can be acted upon until the end of the session.
*	Priority Bill