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Economy & Business | Legislature

Lawmakers vet mining revenue, road work funds and overdue taxes in quest to fill major budget gap

July 11th, 2020 - 8:12pm
The discussion came up as the Senate contemplated SB3, a bill that features several techniques Nevada has used in years past to shore up budget holes. That includes shifting money from the highway fund to the general fund, implementing an “amnesty program” so people can pay delinquent taxes without penalties, and requiring mining to pay two years’ worth of payments at once to boost the budget by an estimated $54 million.

Coronavirus | Education | Legislature

Lawmakers weigh eligibility changes for popular college scholarship programs; questions loom over future funding

July 11th, 2020 - 2:00am
NSHE deputy chancellor Crystal Abba told lawmakers via video conference that the system expected the bill to benefit about 12 percent of scholarship recipients from the spring 2020 semester whose grade point average fell below normal GPA requirements. While NSHE has not done a complete look at individual cases, Abba said the higher education system did not want to punish students who faced massive social and financial disruption during the still ongoing COVID-19 pandemic.

Economy & Business | State Government

Pace of Pandemic Unemployment Assistance payments drops even as initial claims for program continue to surge

July 10th, 2020 - 6:46pm
Officials at the Department of Employment, Training and Rehabilitation said at a weekly videoconference press briefing on Friday that 105,207 PUA claimants had started receiving payment, up about 900 from last week’s update. Meanwhile, about 35,000 more PUA claims were filed in the last week, for a total of 307,749 claims filed since the federally funded program — geared toward independent contractors and the self-employed — launched less than two months ago.

Coronavirus | Legislature

COVID-19 reaches the Legislature as first person inside the building tests positive for the virus

July 10th, 2020 - 2:27pm
Further details about the situation were not immediately available, including whether the individual is a lawmaker, legislative staff member or member of the press. The legislative building has been closed to members of the public, including lobbyists, for the duration of the special session because of the ongoing coronavirus pandemic.

Coronavirus | Legislature | State Government

Tax questions loom as lawmakers, Sisolak continue staring down massive budget cuts

July 10th, 2020 - 2:00am
Sisolak answered their statements later at a press conference, signaling that he would leave the tax discussion up to the Legislature and that the ball was in the court of Republicans, who can block any tax increase vote with the one-vote advantage they have in the Senate. He said he was disappointed that no state Senate Republicans had approached him about potential ways to increase revenue to lessen the cuts.

Congress | Coronavirus

Rep. Susie Lee on whether PPP program benefited her husband’s company: ‘I was doing my job’ amid crisis

July 9th, 2020 - 4:00pm
In her first interview following reports last month that the casino company run by her husband had benefited from a change in the federal government’s paycheck protection program that she pushed for, Democratic Rep. Susie Lee forcefully defended her actions and flatly denied any conflict of interest, saying in part: “I was doing my job.”

Economy & Business | IndyBlog | Legislature

Loan companies say regulations implementing payday loan database are ‘excessive,’ but supporters praise it for ‘protecting consumers’

July 9th, 2020 - 12:30pm
The state’s Financial Institutions Division invited the public to weigh in Wednesday on the implementation of a state payday loan database, with detractors calling proposed regulations “burdensome” and supporters arguing they are the only way to protect vulnerable families from “predatory” lenders.

Coronavirus | Legislature

Sisolak: No new mining taxes during special session; bars and water parks pose a ‘big problem’ in fight against COVID-19

July 8th, 2020 - 3:25pm
Sisolak said he’s spoken with Democratic legislative leaders about what tax sources could potentially be raised to help offset expected massive budget cuts, but said it was dependent on a state Senate Republican to cross party lines and vote for a tax increase to clear the constitutional two-thirds majority needed to raise revenue.



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