Bob Beers on Tax Reform

Fight against tax-and-spend hikes; reduce tax revenue

• Leading the effort to stop the City from giving $100-million to a speculative soccer stadium developer
• Leading the effort to repeal the 2009 energy code, which impeded the redevelopment of downtown
• Leading the effort to keep the City's budget in balance during a time of economic recession and reduced tax revenue.

Don't suspend energy efficient tax breaks impacting budget

Summary from Las Vegas Review Journal, May 15, 2007:˙The Legislature swiftly approved Senate Bill 567 to suspend the tax breaks because of concerns that the loss of revenues would hurt school districts and local governments over the next several years. Any loss of school revenues must be made up by the state general fund, thereby affecting the state budget as well.

Veto Message: ˙Gibbons commented that his veto was grounded in the "rushed move" by the State Assembly and Senate to suspend the program, and called for public hearings "where taxpayer concerns can be discussed and debated and the long-term fiscal impact of any tax exemptions or abatements can be carefully analyzed."

Legislative Outcome:˙Passed Assembly 42-0-0 on May/3/07; Vetoed by Gov. Gibbons on May/14/07; Sustained veto Senate 4-17-0 on Jun/4/07; Sen. Bob Beers voted NO on veto override.