Difference between revisions of "Nevada Mining Tax Measure (2010)"

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==Supporters==
 
==Supporters==
The measure is supported by an advocacy group called [http://www.planevada.org/ Progressive Leadership Alliance of Nevada] (PLAN). In February 2010 the [[Sunshinereview:Nevada State Education Association|Nevada State Education Association]] began running a television ad campaign that calls for the public to support the proposed measure.<ref>[http://www.mineweb.co.za/mineweb/view/mineweb/en/page72068?oid=99802&sn=Detail&pid=1 ''MineWeb'',"Nevada mining to pay new claims fee to help shore up state budget shortfall," March 1, 2010]</ref>
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The measure is supported by an advocacy group called [http://www.planevada.org/ Progressive Leadership Alliance of Nevada] (PLAN). In February 2010 the [[Sunshinereview:Nevada State Education Association|Nevada State Education Association]] began running a television ad campaign that calls for the public to support the proposed measure.<ref name="MineWeb">[http://www.mineweb.co.za/mineweb/view/mineweb/en/page72068?oid=99802&sn=Detail&pid=1 ''MineWeb'',"Nevada mining to pay new claims fee to help shore up state budget shortfall," March 1, 2010]</ref>
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Despite a decision by the [[Nevada Legislature]] to charge a new fee on mining claims, Bob Fulkerson, executive director of PLAN, said the proposed amendment is still required. Fulkerson argues that the amendment will remove the industry's "sweetheart deal that's enshrined in the constitution."<ref name="MineWeb"/>
  
 
==Path to the ballot==
 
==Path to the ballot==

Revision as of 12:03, 1 March 2010

Nevada Constitution
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Preliminary ActionOrdinancePreamble1234567891011121314151617XVIII19Election Ordinance
The Nevada Mining Tax Measure may appear on the November 2, 2010 state ballot in Nevada as an initiated constitutional amendment. The measure proposes remove the statutory deductions allowed to mining companies by current state law.[1]

Mining companies, according to reports, pay a higher property tax rate on the minerals they extract from the state, however, they are also allowed deductions for mining costs. Those deduction, initiative supporters argue, can severely reduce tax revenue to the state.[2] Bob Fulkerson, PLAN executive director, said, "We have an enormous need in our budget. One industry is recording all-time profits, and that’s the mining industry. Yet it’s paying next to nothing to the general fund."[3]

Supporters

The measure is supported by an advocacy group called Progressive Leadership Alliance of Nevada (PLAN). In February 2010 the Nevada State Education Association began running a television ad campaign that calls for the public to support the proposed measure.[4]

Despite a decision by the Nevada Legislature to charge a new fee on mining claims, Bob Fulkerson, executive director of PLAN, said the proposed amendment is still required. Fulkerson argues that the amendment will remove the industry's "sweetheart deal that's enshrined in the constitution."[4]

Path to the ballot

In order to qualify the measure for the November 2010 ballot supporters are required to collect a minimum of 97,002 valid signatures.

See also

External links

References