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April 2, 2013
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Senate approves mining proposal

By a margin of 17-4, the Senate on Monday approved the amendment that would remove mining’s protection from higher taxation from the Nevada Constitution. This is SJR15’s second trip through the Legislature. The final hurdle before the issue goes to voters in November 2014 is passage by the Assembly. “It neither increases nor decreases the tax on mining,” said Majority Leader Mo Denis, D-Las Vegas. “It simply gives the Legislature the power to change the way mining is taxed.” Mining has a provision in the Constitution limiting its tax obligation to the state to no more than $5 per $100 …

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The Nevada Appeal Updated Apr 2, 2013 07:02PM Published Apr 2, 2013 07:02PM Copyright 2013 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.