Legislature to take up alternative revenue plan, sunset taxes
By Sean Whaley
March 23, 2015
CARSON CITY — Major developments emerged on Monday in the debate over taxes to fund Gov. Brian Sandoval’s $7.3 billion two-year budget, with Assembly Republicans introducing an alternative revenue plan in a late evening floor session.
At the same time, the Senate introduced Senate Bill 483 to extend a package of taxes that are set to expire on June 30, commonly referred to as the sunset taxes that have been used as a bandage to balance the budget since 2009. A continuation of these taxes is part of Sandoval’s spending plan and would bring in about $580 million to the state general fund over two years.