Requirements for Property and Sales Tax Exemptions

Nevada Ballot Measure - Question 3

Election: General Nov. 4, 2008 (General)

Outcome: Passed

Categories:

Housing and Property
Taxes

Summary


Shall the Nevada Constitution be amended to require that, before it can enact an exemption from property tax or from sales and use tax, the Nevada Legislature must: (1) make certain findings regarding the social or economic purpose and benefits of the exemption; (2) ensure that similar classes of taxpayers must meet similar requirements for claiming exemptions; and (3) provide a specific date on which the exemption will expire?

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