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Nevada Question 4, Tax Exemption for Professional Racing Equipment Measure (2002)

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Nevada Question 4

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Election date

November 5, 2002

Topic
Taxes
Status

DefeatedDefeated

Type
Legislatively referred state statute
Origin

State legislature



Nevada Question 4 was on the ballot as a legislatively referred state statute in Nevada on November 5, 2002. It was defeated.

A "yes" vote supported exempting professional racing vehicle parts and transport vehicles from sales and use taxes.

A "no" vote opposed exempting professional racing vehicle parts and transport vehicles from sales and use taxes.


Election results

Nevada Question 4

Result Votes Percentage
Yes 104,245 21.82%

Defeated No

373,587 78.18%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Question 4 was as follows:

Shall the Sales and Use Tax Act of 1955 be amended to provide an exemption from the taxes imposed by that act on engines and chassis, including replacement parts and components for the engines and chassis, of professional racing vehicles and for certain motor vehicles used by professional racing teams or sanctioning bodies to transport certain items and facilities?

Full Text

The full text of this measure is available here.


Path to the ballot

A simple majority vote is required during one legislative session for the Nevada State Legislature to place a state statute on the ballot. That amounts to a minimum of 22 votes in the Nevada State Assembly and 11 votes in the Nevada State Senate, assuming no vacancies. Statutes require the governor's signature to be referred to the ballot.

See also


External links

Footnotes