Tuesday, March 17, 2015 | 6 p.m.
Sen. Pat Spearman, D-North Las Vegas
CARSON CITY — Democratic Sen. Pat Spearman has unveiled an alternative tax plan that she says would generate as much revenue as Gov. Brian Sandoval's proposal.
Spearman is sponsoring SB378, which was introduced Tuesday. She said she expects the bill will be discussed next week.
The bill would repeal the modified business tax, which Spearman says discourages hiring. It would impose a 0.5 percent tax on business gross receipts that exceed $25,000 in a quarter.
Spearman proposes the business license fee remain a flat $200 per year, while businesses that are incorporated in Nevada but don't conduct trade in the state would pay $400.
Sandoval's plan calls for a tiered business license fee ranging from $400 to $4 million annually.
Spearman said Nevadans deserve to choose from more than one tax plan.
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