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.