Las Vegas Sun

March 28, 2024

New tax initiative to fund education is filed

The state's teachers union today re-filed its initiative that would impose an $850 million a year business tax, a day after a Carson City judge invalidated a previous version.

District Court Judge James Wilson ruled Monday that the Education Initiative, filed by the Nevada State Education Association and supported by the AFL-CIO labor group, violated the state's law that initiatives deal with only one subject. Specifically, he took issue with a section that would have forced businesses to disclose the amount of the business margin tax, which would tax gross receipts on income over $1 million at 2 percent.

The new version of the tax does not include that provision, according to a spokeswoman.

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