The Nevada Independent

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The Nevada Independent

Janine Hansen

A for sale sign outside a home listed at $340,000 as seen in Henderson on July 29, 2021.

OPINION: Can lawmakers fix the state's property tax depreciation loophole this time?

Those in favor see it as a way to close a loophole through which billions of dollars in potential property tax revenues are lost thanks to the antiquated constitutional provision. It flies under the flag of the Property Tax Fairness Amendment.

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Indy Explains: What AJR10 would do to change Nevada's minimum wage

The main feature of the resolution is doing away with the two-level system in the state Constitution and creating a single minimum wage, even for employers that offer health insurance. Some employers who otherwise would be paying a minimum rate of $11 per hour by 2024 under the current plan in state law would have to pay $12 if the resolution passes.