ARTICLE
6 January 2014

2013 Nevada Legislative Session Summary– Part 2

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We continue the summary of pertinent developments from the 2013 Nevada legislature.
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We continue the summary of pertinent developments from the 2013 Nevada legislature.

Senate Bill 165, which Nicolas Cage testified in support of during committee hearings, provides for certain tax credits for the production of films in Nevada.

Senate Bill 374 established procedures relating to dispensaries of medical marijuana.  Following SB 374′s passage, the Nevada Division of Public and Behavior Health issued a small business impact statement discussing the law’s impact on businesses, concluding that the law “should not impose a direct or significant economic burden upon a small business or directly restrict the formation, operation or expansion of a small business in Nevada.”

Senate Joint Resolution 15 was passed for a second time and will go to Nevada’s electorate for a direct vote in 2014.  If the voters approve the bill, the provision in the Nevada constitution capping the tax rate on the mining industry would be abolished.

In the third part of the series, we will discuss bills that failed to become law during the 2013 legislative session.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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