Nevada Assembly Passes Competing Arena Bill

The Nevada Assembly has given final legislative approval to a bill that would give voters an alternative to a ballot question on a proposed arena on the Las Vegas Stip.

SB495 passed the Assembly on Monday.

The bill would outlaw any provisions that make sales tax rates different in one part of a county than another.

It’s a response to a petition pushed by Caesars Entertainment authorizing a special taxing district in the Strip area, where an additional sales tax of 0.9 percent would be imposed to fund construction of a $448 million arena on land donated by the gambling company.

The Caesars’ plan is to appear on the ballot in 2012, though it is being challenged in court.