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Nevada Mining Tax and Resident Dividend Amendment (2022)

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Nevada Mining Tax and Resident Dividend Amendment
Flag of Nevada.png
Election date
November 8, 2022
Topic
Taxes
Status
Not on the ballot
Type
Constitutional amendment
Origin
State legislature

The Nevada Mining Tax and Resident Dividend Amendment was not on the ballot in Nevada as a legislatively referred constitutional amendment on November 8, 2022.

The measure would have replaced the 5% tax limit on the net proceeds of mining with a 7.75% tax on gross proceeds and send excess tax revenue to state residents as yearly dividends.[1]

In 2014, Nevada voters defeated Question 2 in a margin of 50.3% to 49.7%. Question 2 would have removed the 5% tax limit from the Nevada Constitution.

Text of measure

Constitutional changes

See also: Article 10, Nevada Constitution

The measure would have amended Section 5 of Article 10 of the Nevada Constitution. The full text is available here.

Path to the ballot

See also: Amending the Nevada Constitution

In Nevada, a majority vote is required in two successive sessions of the Nevada State Legislature to place an amendment on the ballot.

The amendment passed in the Nevada State Legislature along party lines during the 2020 special legislative session. The State Assembly passed the amendment in a vote of 25-17, and the Nevada State Senate passed the amendment in a vote of 13-8. The amendment did not receive a vote by the state legislature during the 2021 legislative session.[2]

2020 special legislative session

Vote in the Nevada State Assembly
August 2, 2020
Requirement: SImple majority vote of all members in each chamber in two sessions
Number of yes votes required: 21  Approveda
YesNoNot voting
Total25170
Total percent59.52%40.48%0%
Democrat2540
Republican0130

Vote in the Nevada State Senate
August 2, 2020
Requirement: SImple majority vote of all members in each chamber in two sessions
Number of yes votes required: 11  Approveda
YesNoNot voting
Total1380
Total percent61.90%38.10%0%
Democrat1300
Republican080

See also

External links

Footnotes