Nevada Sales and Use Tax Farm Equipment Exemption, Question 3 (2002)

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The Nevada Sales and Use Tax Farm Equipment Exemption Question, also known as Question 3, was a legislatively-referred state statute on the November 7, 2002 election ballot in Nevada, where it was defeated.

Election results

Question 3 (Sales and Use Tax Farm Equipment Exemption)
ResultVotesPercentage
Defeatedd No285,92160.01%
Yes 190,541 39.99%

Official results via: Nevada Legislative Counsel Bureau - Research Division

Text of measure

The language that appeared on the ballot:

Shall the Sales and Use Tax Act of 1955 be amended to provide an exemption from the taxes imposed by that act on the gross receipts from the sale and the storage, use or other consumption of farm machinery and equipment employed for the agricultural use of real property?[1]

The language that appeared in the voter's guide:

EXPLANATION
The proposed amendment to the Sales and Use Tax Act of 1955 would exempt from the taxes imposed by that act the gross receipts from the sale and storage, use or other consumption of farm machinery and equipment employed for the agricultural use of real property. The Legislature has already amended the Local School Support Tax Law and certain analogous taxes to provide the same exemption.(See the NOTE TO VOTERS on page ii regarding Nevada's sales tax.)[1]

Note to voters on page ii

Ballot Questions Nos. 3 and 4 relate to Nevada's sales tax. It is important that you understand this tax and the process by which it may be changed. As noted below, only a portion of this tax may be changed by you, the voter, pursuant to the attached ballot questions.
Nevada's statewide sales tax consists of three separate parts levied at different rates on the sale and use of tangible personal property in the state. The current statewide combined rate is 6.50 percent. In addition to these three parts, each country also may impose additional taxes subject to the approval of the voters or governing body in that country. These additional taxes have, in nine counties, increased the rate of the sales tax above the 6.50 percent rate imposed statewide.
The tax includes:
Tax Rate
1. The State Sales and Use Tax 2.00 percent
2. The Local School Support Tax (LSST) 2.25 percent
3. The City-County Relief Tax (CCRT) 2.25 percent
4. Optional local taxes--not more than 1.25 percent
The State Sales and Use Tax may be amended or repealed only with the approval of the voters. The Local School Support Tax (LSST) and the City-County Relief Tax (CCRT) may be amended or repealed by the Legislature without the approval of the voters.
By your "Yes" vote, Question Nos. 3 and 4 would exempt the specified items from the state 2.00 percent rate. These items previously were exempt from all other components of the sales and use tax by statute.[1]

See also

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References