RSS 2.0 FeedVol. 4, No.9, September 2008, Tumbling Dice
Room taxes move forward
The Committee for the Advancement of Education in Nevada filed a petition it hopes will generate million of dollars for public education in the state through increased hotel room taxes.
The committee is comprised of representatives from Wynn Resorts, Station Casinos, Harrah’s Entertainment and the Nevada State Education Association.
The proposal is to raise room taxes as much as 3 percent, to a maximum of 13 percent. If the group collects enough signatures, it will go to the 2009 legislature. If not approved in 40 days, the plan will go for a public vote in 2010.
The effort was started in response to a proposal from the NSEA to increase the state gaming tax from 6.75 percent to 9.75 percent.
NSEA head Lynn Warne said the new proposal would generate as much as $180 million a year, and that amount would increase as more hotel rooms come online. The proposal would first direct funds to offset budget cuts resulting from a state shortfall. Additional funds could be used to supplement K-12 funding.
The committee is comprised of representatives from Wynn Resorts, Station Casinos, Harrah’s Entertainment and the Nevada State Education Association.
The proposal is to raise room taxes as much as 3 percent, to a maximum of 13 percent. If the group collects enough signatures, it will go to the 2009 legislature. If not approved in 40 days, the plan will go for a public vote in 2010.
The effort was started in response to a proposal from the NSEA to increase the state gaming tax from 6.75 percent to 9.75 percent.
NSEA head Lynn Warne said the new proposal would generate as much as $180 million a year, and that amount would increase as more hotel rooms come online. The proposal would first direct funds to offset budget cuts resulting from a state shortfall. Additional funds could be used to supplement K-12 funding.
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