►
From YouTube: 5/6/2021 - Assembly Committee on Revenue
Description
For agenda and additional meeting information: https://www.leg.state.nv.us/App/Calendar/A/
Videos of archived meetings are made available as a courtesy of the Nevada Legislature.
The videos are part of an ongoing effort to keep the public informed of and involved in the legislative process.
All videos are intended for personal use and are not intended for use in commercial ventures or political campaigns.
Closed Captioning is Auto-Generated and is not an official representation of what is being spoken.
A
A
C
A
D
Good
afternoon
vice
chair,
beninis
thompson,
I'm
so
proud
of
myself,
always
when
I
can
get
it
to
full
screen
and
impress
the
tech
folks
who
are
sitting
there,
making
sure
it
can
happen.
My
name
is
julia
raddy
and
I
represent
senate
district
13,
which
is
sort
of
the
heart
of
reno
and
sparks.
I
have
downtown
reno
downtown
sparks
the
university
all
the
best
places
in
the
community,
and
I
get
to
share
that
district
with
assemblywoman
anderson,
which
is
a
great
privilege.
D
D
D
However,
I
did
want
to
mention
just
where
we
are
in
terms
of
the
availability
of
subsidized
housing
for
folks
who
cannot
compete
in
the
affordable
housing
in
the
market
rate
housing
market.
So
just
to
give
you
an
example
of
who
we're
talking
about
when
we're
talking
about
affordable
housing,
we're
typically
talking
about
a
family
or
an
individual,
not
paying
more
than
30
percent
of
their
income
for
their
housing.
D
What
we
know
is
if
a
person's
face
spends
more
than
30
percent
of
their
income
on
their
housing,
then
they
have
to
start
shorting
other
things.
The
first
thing
that
goes
is
savings.
If
you
can't,
if
you're,
paying
more
than
30
percent
of
your
housing,
you're,
typically
not
setting
aside
any
money
for
savings,
the
next
thing
to
go
is
often
health
care.
You'll,
see
seniors
on
fixed
incomes,
start
to
ration
their
medication.
D
If
you're
a
family,
maybe
you're
no
longer
investing
in
your
child's
extracurricular
activities,
so
that
30
is
a
nationally
recognized
standard
of
we
really.
If
you're
going
to
have
a
good
balanced
family
budget,
don't
be
spending
any
more
than
30
percent
of
your
housing
of
your
income
on
housing.
D
So
then,
what
we
end
up
with
in
our
society
is
in
particularly
in
nevada.
Right
now,
rapidly
increasing
housing
prices,
rent
rental
rates
have
gone
up
significantly
and
a
group
of
people
whose
income
just
isn't
going
to
keep
up,
and
so
we're
typically
talking
about
senior
citizens
on
a
fixed
income.
D
I
have
a
friend
who
worked
his
whole
life,
didn't
necessarily
work
in
highways
jobs.
His
entire
social
security
check
that
he
lives
on
every
month
is
853
dollars
per
month.
So,
for
that
individual
to
find
a
housing
unit,
that's
going
to
be
30
of
his
income
or
less
becomes
particularly
challenging,
and
that's
not
an
individual
who's
going
to
go
out
and
find
a
job.
That's
going
to
earn
him
or
her
more
income,
they're
generally
sort
of
set-
and
I
think
we
would
probably
all
agree
as
a
society.
D
We
want
to
make
sure
that
that
senior
citizen
has
a
place
to
live.
It
would
be
a
very
similar
situation
for
a
person
on
disability
who
is
again
living
on
that
fixed
income
or
in
in
our
world.
We
have
families
that
are
trying
to
live
on
minimum
wage
and
a
minimum
wage
just
doesn't
compete
in
market
rate
housing
at
this
point
in
time.
So
this
is
about
the
infrastructure
that
builds
subsidized,
affordable
housing,
so
that
folks,
who
just
are
not
going
to
compete
for
market
rate
housing,
have
some
options.
D
That's
the
first
thing,
the
vast
majority
of
that
housing
in
the
state
of
nevada.
95
of
it
has
been
built
using
federal,
low-income
housing,
tax
credits.
So
this
is
a
system
that
has
been
placed
in
place
for
years
and
years
and
years,
and
it
works
pretty.
Well,
it's
not
nearly
enough,
but
it
does
it's.
It
is
not
a
system
where
the
government
goes
in
and
builds
housing.
Honestly,
we
are
not
very
good
at
building
housing,
that's
not
really
our
best
skill
or
our
role,
but
rather
we
partner
with
private
developers.
D
Some
are
for-profit,
some
are
non-profit
and
we
give
them
basically
an
incentive,
and
what
we
do
is
we,
with
that
tax
credit
we
buy
down
the
rate
of
the
rent
for
that
unit,
so
they'll
typically
sign
a
contract
with
us
where
they
will
say
we're
going
to.
You
know
we're
going
to
take
this
tax
credit
which
they
can
sell
to
and
basically
they
can
lower
their
taxes
or
they
can
sell
it
to
somebody
else.
D
They'll
take
the
revenue
from
that
tax
credit
and
in
in
exchange
for
getting
that
tax
credit
they
will
commit
to
keep
that
rent
affordable
to
a
certain
level
of
area,
median
income
in
a
community
for
30
years
generally,
how
it
works,
so
they
buy
down
that
rate.
These
deals
are
incredibly
complex.
It's
a
very
niche
group
of
developers
that
put
these
together
so
in
southern
nevada.
D
The
one
that
you
may
be
most
familiar
with
is
a
not
a
wonderful
non-profit,
called
nevada
hand
and
nevada
hand
builds
a
significant
number
of
affordable
units
and
we're
talking
about
subsidized,
affordable
units.
So
again
the
rent
is
going
to
be
below
market
rate
and
the
way
they
build
them.
Is
these
programs?
D
So
looking
at
this
slide,
there's
lots
of
layers
of
funding,
and
I'm
going
to
quote
steve
across
the
director
of
the
division
of
housing,
who
came
up
with
a
brilliant
way
to
describe
it.
We
like
to
use
lots
of
examples.
It's
a
lasagna.
It
is
a
lasagna
of
funding
stream.
So,
when
you're
talking
about
putting
together
the
pro
forma
for
a
affordable
subsidized,
affordable
housing
project,
it
typically
will
have
all
of
these
layers
of
funding.
So
on
the
bottom,
here
we
have
home
funds,
that's
a
particular
federal
funding
source.
D
Then
we
have
the
developer
fee.
So
this
is
the
money
that
the
developer
puts
in
then
we
have
some
of
the
tax
credit
equity.
That's
the
program
that
I
was
just
talking
about.
Then
we
have
a
bond
program,
and
so
they
are
layering
in
all
of
these
layers
of
funding,
and
this
is
probably
going
to
come
as
a
huge
surprise
to
some
of
you.
D
D
The
next
is
the
amount
that
the
developer
puts
in
and
that's
limited
by
operational
cash
flow
debt
service,
irs
rules
for
housing.
There
there's
a
number
there
where
it
works.
The
tax
credit
equity
is
limited
by
the
irs
rules,
and
the
tax-exempt
bonds
are
limited
by
a
debt
coverage
ratio.
These
are
things
that
are
immovable,
so
we
can't
do
anything
about
it.
D
Project
doesn't
get
built
because
we
don't
have
that
last
three
million
dollars.
So
that
is
the
problem
that
the
state,
low-income
housing
tax
credit
program,
seeks
to
solve
again,
quoting
director
steve
across
from
the
housing
division.
Who
came
up
with
all
these
wonderful
analogies,
it's
like
walking
into
a
dollar
store
with
97
cents.
D
What
can
you
buy?
You're
gonna
walk
out
empty-handed,
but
if
you
can
figure
out
that
last
three
cents,
the
world
is
your
oyster.
So
it's
an.
I
will
just
admit
right
now
that
that
is
an
oversimplification,
because
these
are
incredibly
complex
projects,
but
that
is
all
generally
how
affordable
housing
works
so
last
session
we
did
a
big
push
grateful
to
so
many
people
who
helped
get
this
across
the
finish
line
and
for
the
first
time
ever
we
established
the
state's
low-income
housing
tax
credit
program.
D
D
So
this
just
gives
you
a
sense
of
the
return
on
investment,
so
this
is
all
of
the
projects
that
would
be
that
was
built
in
a
typical
year.
So,
for
example,
there
were
six
one
bedroom
units
built
at
50
ami.
So
again
that,
though,
that
means
that
those
are
units
that
are
affordable
to
a
person
who
has
an
income
of
50
area,
median
income
or
less.
D
There
were
369
that
were
built
at
60
ami
one
bedroom
units,
three
that
were
built
at
fifty
percent
ami
and
225
that
were
built
at
sixty
percent
ami
of
two
bedroom
units
of
the
total
units
built
the
rent
charge
for
those
units
is
in
that
green
column,
for
so
for
a
one
bedroom
657
dollars.
D
Now
again,
that's
not
rock
bottom
cheap.
There
are
people
who
need
cheaper
than
that
and
in
some
cases
we
can
layer
this
program
with
other
programs
to
get
them
there,
but
still
significantly
better
than
market
rate.
In
most
cases,
if
you
do
the
math
of
what
those
market
rate
units
would
be-
and
this
is-
I
will
say-
we
didn't
update
this
from
two
years
ago.
So
this
is
data
from
two
years
ago.
D
The
return
on
investment
is
probably
higher
now,
because
rent
has
gone
up
even
more,
but
you
you
get
the
point
that
in
that
year,
from
just
those
units,
that's
the
level
of
subsidy
that
we're
getting
from
that
40
million
dollar
investment.
D
D
D
D
There
was
a
one
project
underway,
but
the
problem
is,
if,
with
the
kind
of
looking
ahead,
if
we
started
pulling
those
tax
credits
that
that
comes
off
the
bottom
line
of
the
state,
knowing
we're
going
into
budget
cuts
kind
of
tap
the
breaks-
let's,
let's
take
take
a
minute
here,
and
so
only
the
one
project
got
underway.
So
there's
one
there's:
three
million
dollars
of
tax
credits
that
have
been
allocated,
but
the
interesting
thing
that
happened
is
these
tax
credits
can
be
used.
D
So
you
have
to
have
a
taxpayer
in
nevada,
who
has
at
least
three
million
dollars
of
a
tax
liability
that
taxpayer
would
buy
that
tax
credit
from
the
affordable
housing
developer.
So
the
housing
division
issues
that
tax
credit
to
the
affordable
housing
developer.
Then
that
developer
goes
out
into
the
world
and
says:
hey
casinos:
hey
insurance
companies,
hey
banks!
D
Traditionally,
our
understanding
is
that
most
tax
credits
are
picked
up
by
gaming
companies.
Well,
gaming
companies
were
not
in
a
particularly
good
spot
to
be
spending
time.
Thinking
about
buying
tax
credits
right.
If
there's
any
industry,
that's
been
hit
the
hardest,
it
would
be
gaming
companies-
and
so
here
you
have
this.
Affordable
housing
developer
wants
to
sell
tax
credits.
Gaming
companies
not
really
working
out,
they
go
to
banks
and
the
banks
have
an
interest
in
affordable
housing
because
they
have
cra
rules.
D
Community
reinvestment
act
rules
and
are
often
significant
partners
in
terms
of
the
financing
of
building
affordable
housing
to
help
their
communities.
So
the
banks
like
okay,
let's
try
to
get
creative,
but
there
wasn't
any
bank
that
had
a
there
wasn't.
It
was
difficult
to
find
a
bank
that
had
a
three
million
dollar
tax
bill
that
they
needed
to
pay
because
a
they
just
don't
pay
that
much
and
b
it
might
be
their
subsidiaries
who
actually
had
that.
D
So
we
learned
that
the
hard
way
like
there
needs
to
be
some
transferability
of
these
tax
credits
or
it
doesn't.
It
doesn't
work
as
well.
So
that
was
the
first
problem
we
were
trying
to
solve
the
second
piece
that
we
were
trying
to
solve.
What
we
learned
is
that
if
you
issue
the
way
that
the
law
was
written
because
we
were
trying
to
be
very
cautious,
is
if
you
issue
the
tax
credit
on
the
back
end,
that's
what
we
wanted
to
do.
D
We
want
to
be
the
last
dollar
in
make
sure
you've
got
everything
taken
care
of
build
the
unit,
get
a
certificate
certificate
of
occupancy
and
then
we'll
give
it
to
you
well
in
the
investment
world,
money
equals
time
or
time
equals
money.
I
guess
is
what
I
should
say.
These
projects
typically
typically
take
a
year
and
a
half
to
two
years
to
build
out.
So
you
give
this
developer
a
tax
credit
at
the
front
end,
but
they
are
at
the
back
end.
D
So
we
were
actually
unintentionally
decreasing
the
value
of
our
own
tax
credits
and
there's
no
real
good
reason
for
us
to
do
it
because
in
this
particular
tax
credit
system
by
the
time
a
project
gets
its
green
light.
If
you
will,
all
of
the
financing
is
in
place,
the
likelihood
of
these
projects
going
to
the
finish
line
is
very,
very,
very
high
and
you'll
hear
from
our
housing
specialists
that
very
rare
that
these
projects,
once
the
all
the
financing,
is
put
together,
the
land
they're
very
complex
deals.
They
happen
all
the
time.
D
This
is
not
a
tesla
or
an
apex.
This
is
projects
that
we
build
year
in
and
year
out,
they're
pretty
reliable.
It's
the
same
group
of
developers.
It's
not
somebody
coming
from
outside
of
the
state,
typically,
so
the
certainty
that
it's
going
to
get
built,
what
we're
losing
in
the
ability
to
negotiate
a
good
price
on
a
tax
credit
by
banking
at
the
very
last
thing
in
we're
not
gaining
anything
in
terms
of
ameliorating
risk.
D
D
D
D
We
learned
a
few
things
on
the
first
project
that
would
help
us
to
make
it
better
and
we're
asking
for
your
support
for
clean
up
on
what
is
a
particularly
technical
process
of
trying
to
build
affordable
housing
in
the
state
of
nevada.
So
I
will
end
there
with
the
exception
of.
As
always,
I
will
ask
mr
acroth
david
paul
from
nevada
hand,
mr
holliday,
with
the
housing
division.
If
I
said
anything
that
was
inaccurate,
because
occasionally
I
don't
get
it
quite
right,
these
are
very
complex.
E
Good
afternoon
senator
ratty,
chair
cohen,
vice
chair
benitez
thompson
once
again
senator
ready.
You
have
hit
it
out
of
the
park
as
far
as
describing
exactly
what
this
does.
I
don't
have
a
whole
lot
to
add
other
than,
and
I
will
defer
to
to
michael
if
he
is
aware
of.
I
am
not
aware
of
any
projects
that
have
failed
to
go
back
to
something
that
you
alluded
to
earlier
once
they
get
to
the
point
where
they're
financially
closed.
E
That
deal
is
extraordinarily
solid
and
so
I'll
defer
to
michael
holliday
if
he
knows
of
any,
but
I
am
unaware.
F
Michael
holly,
chief
financial
officer
for
the
nevada
housing
division
for
the
record.
I
am
not
aware
I
look
through
the
division's
records
and
I
can't
find
a
project
that
didn't
make
it
that
made
it
through
close
and
financial
close
and
then
and
then
failed
after
that
there
were
some
foreclosures
during
the
last
economic
downturn,
but
the
projects
were
fairly
well
into
their
life
when
that
happened.
But
we
don't
have.
G
D
H
I
david
paul
for
the
record
with
nevada
hand,
senator
ready.
I
think
you
did
an
excellent
job,
describing
the
program.
H
H
I
also
serve
as
on
the
advisory
council,
the
federal
home
loan
bank
of
san
francisco,
and
I'm
not
aware
of
any
projects
in
other
states
that
have
reached
financial
financial
closing
that
have
not
completed
construction.
We
put,
we
put
hundreds
of
thousands,
if
not
millions,
of
dollars
into
pre-development.
For
these
things,
and
by
the
time
they
are,
they
reach
that
closing
they're,
they're
they're
done
deals
and
they're
going
to
get
built
and
everybody's
incentivized
to
do
that,
and
I
beyond
that,
I
think
senator
randy
did
an
excellent
job
so.
D
So
bottom
line
julia
braddy,
senate
district
13
for
the
record.
Apparently
I
am
incredibly
insecure
and
enforcing
folks
to
tell
me
how
wonderful
I
am
on
in
the
middle
of
a
hearing.
So
my
not
my
intention
but
we'll
just
say
that
I'll
just
end
with
for
the
50
area,
median
income
folks.
So
this
is
a
relatively
low
income
for
that
population.
We
have
18
units
for
every
100
that
we
need
so
just
18
for
the
I'm.
Sorry,
that's
for
the
that's,
the
extremely
low
income,
that's
the
30
income.
D
So
that's
like
my
friend
who
who
makes
853
a
month
on
a
fixed
income.
We
have
18
units
for
every
100
that
we
need.
If
you
get
up
to
the
50
area,
median
income,
which
is
slightly
higher
but
still
not
very
much
money.
We
only
have
40
units
for
every
100
that
we
need
so
about
40.
So
there's
a
huge
need
and
I
would
ask
for
your
support.
Thank
you.
Perfect.
A
B
Kasama
glad
you
can
see
me
down
here
so
thank
you,
chair
assemblywoman,
kasama,
district
2..
So
on
the
the
last
page
page,
eight
that
would
be
section
it
has
to
do
with
the
40
million
section
two
you've
added
the
clause
in
there
would
cause
the
total
amount
of
transferable
tracks.
Tax
credits
approved
for
all
fish
school
years
per
to
exceed
40
million
dollars.
So
is
that
just
this
is
in
here
to
remove
any
cap
on
that.
D
Senator
julia
ready,
thank
you
for
the
question.
I
actually
think
it's
the
opposite
and
I'll
kick
it
over
to
steve
across
to
double
check,
but
I
think,
if
you
start
at
the
beginning
of
that
chapter,
it
disallows
any
amount
that
would
take
us
over
the
total
40
40
million,
because
40
million
is
the
total
that
is
authorized.
D
Project
so
last
session
we
approved
40
million
dollars
in
tax
credits.
They
could
be
used.
The
intention
was,
it
would
be
about
10
million
dollars
a
year
for
four
years.
It
did
allow
up
to
13
million
in
a
single
year.
In
case
you
were
getting
to
december.
There
was
a
project
that
was
ready.
You
could
you
could
pull
another
project
into
that
year,
but
no
more
than
13.
and
in
total
over
the
entirety
of
the
project,
no
more
than
40.
B
So,
based
on
your
your
wonderful
presentation
on
what
a
great
program,
so
what
you're
saying
is
that
40
million
has
been
allocated
and
once
that
is
all
used
up,
the
program
is
over.
D
A
future
legislature
would
have
to
decide
that
they
wanted
to
issue
more
tax
credits,
so
I
would
hope
that
you
all
and
gain
enthusiasm
for
this
project
and,
as
those
are
dried
up,
there
would
be
a
conversation
again
to
see
where
we
are
as
a
state,
but
it
does
not
have
an
ongoing
source
of
funding,
and
I
would
say-
and-
and
mr
guindon
perhaps
could
confirm
on
this-
but
that's
generally
how
we
do
tax
credits
in
the
state.
There's
not
an
ongoing
revenue
source
or
an
ongoing.
It
doesn't
become
part
of
the
base
budget.
D
The
way
that
actual
appropriations
do
subsequent
legislatures
make
decisions
that
they
want
to
allocate
more.
D
That
that
is
correct,
like
I'm,
removing
the
sunset
so
that
the
nrs
doesn't
get
swept
off
of
the
books,
so
the
program
will
still
exist,
but
the
actual
allocation
of
tax
credits,
a
future
legislature-
would
have
to
do,
and
you
know
we're
up
now
right
now,
we're
sitting
with
37
million
left
to
allocate
so
we're
going
to
be
good
for
this
biennium
and
the
next
biennium
kind
of,
depending
on
how
the
program
goes.
Folks
can
look
at
it,
hopefully
there's
a
champion
either.
B
B
Yeah
it's
a
good
program
and
I
agree
that
you
know
the
partnership
with
private
and
you
know
incentivizing
them
to
build
them
as
efficiently
as
possible.
Is
it's
really
it's
a
good
program?
So
thank
you
for
that
clarification.
H
H
My
only
concern
is
by
removing
the
the
expiration
of
the
2030.
It
removes
that
urgency
for
the
developer,
to
you
know,
get
it
done
within
the
next
nine
years
or
they
would
miss
out
on
these
transferable
tax
credits.
H
D
Thank
you,
assemblyman
and
vice
chair.
I
think
I
just
skipped
right
by
the
through
you
too.
A
A
D
Thank
you.
I
apologize
for
offending
the
chair,
so
assemblyman
haven,
great
question,
so
the
program
as
originally
envisioned
again
was
a
four-year
pilot
with
10
million
dollars
per
year,
so
I
think
we're
staying
in
the
spirit
of
that
there's
kind
of
a
natural
cycle
and
a
natural
capacity
for
these
projects.
But
I
would
let
either
mr
across
or
mr
holliday
talk
about
that
about
how
many
project
applications
they
get
a
year.
D
We
tried
to
start
with
a
dollar
amount
that
a
wasn't
too
big
of
a
burden
on
the
general
fund
and
b
was
very
likely
to
actually
happen,
so
I
think
we're
trying
to
stay
within
the
realm
of
what's
possible,
of
course,
in
the
future.
If
we
see
that
we
can
build
more
and
build
more
quickly,
we
would
always
accept
more,
but
mr
e
crother,
mr
holliday,
do
you
want
to
talk
a
little
bit
about
the
cadence.
E
E
We
see
in
new
construction
projects
anywhere
from
two
to
four
come
on
board
every
year
and
that's
sort
of
where
this
was
targeted
originally,
and
what
we're
hoping
for
is
to
increase
that,
as
was
indicated
on
the
on
the
slides
that
these,
but
four
dollars
would
actually
increase
that,
as
as
the
senator
indicated
by
60
percent.
E
So
I
think
what
what
we're
going
to
see
hopefully
is
is
again
increased
production,
particularly
when
this
flexibility
is
added
into
the
program
and
then,
secondly,
I
think
to
to
your
concern
about
potentially
maybe
these
tax
credits
twisted
in
the
wind
a
little
bit.
E
What
our
understanding
is
is
when
they
are
going
to
be
issued
if
they,
if
this
bill
comes
to
pass
at
closing,
they
will
almost
immediately
be
put
against
whatever
tax
the.
E
Purchaser
of
the
tax
credit
is
going
to
apply
them
to
that's
our
understanding
of
historically
how
this
has
worked.
Hopefully
that
answers
your
question
and
michael,
I
don't
know
if
you
have
any
additional
commentary
on
that.
F
Oh
michael
holladay,
chief
financial
officer
for
the
nevada
housing
division
for
the
record.
The
only
thing
I
would
add
is
that
literally
we
have
enough
resources
right
now
to
fund
that
gap
for
two
projects
per
year,
and
that's
that's
the
extent
of
it
and
we
we
get
calls
all
the
time
for
more
applications
than
that
and
the
state
tax
credit
would
actually
then
potentially,
as
senator
raddy
had
mentioned,
previously
increase
our
production
by
60,
meaning
that
we
could
do
instead
of
two
projects
a
year
up
to
five.
F
If
we
could
get
three
extra-
and
that
was
the
contemplation
for
allowing
up
to
13
million
dollars,
is
that
if
we
had
a
sixth
project
that
came
online
in
one
year,
we
would
be
able
to
fund
that
and
then
just
take
it
short
the
next
year,
basically
so
that
we
could
move
the
production.
Basically
to
answer
your
question
directly:
remove
the
production
as
fast
as
we
could
as
quickly
as
we
could.
We
have
capacity
issues
to
some
extent
about
the
number
of
developers
who
do
this.
It
is
very
specialized,
but
we
do.
F
We
did
think
that
five
projects
a
year
could
actually
be
accommodated.
J
A
K
Thank
you,
madam
chair,
and
thank
you
senator
and
the
the
group
for
bringing
this.
I
think
this
is
a
great
project.
My
question
is
just
to
clarify.
In
my
mind
your
example
here
is
the
three
million
dollars
of
the
nine
percent,
but
is
it
based
on
on
on
what
some
of
y'all
have
said
so
that
can
that
amount
can
change?
It's
not
always
three
million.
It
depends
on
the
total
cost
of
the
project,
or
you
know
the
cost
of
everything
that
would
go
into
it,
so
is.
K
F
Michael
allen,
a
chief
financial
officer
for
the
housing
division
for
the
record-
that's
correct:
it's
not
always
three
million
dollars.
In
fact,
we
have
several
projects
depending
on
the
size
of
the
project,
the
cost
of
the
project
the
to
use.
Mr
across
analogy,
the
other
layers
of
lasagna
that
they've
been
able
to
secure,
sometimes
jurisdictions
may
have
more
or
less
of
those
other
funding
sources.
F
The
lowest
I've
seen
is
1.5
million
the
highest.
We
always
cap
our
current
gap,
funding
at
three
million
dollars
and
that's
why
we
use
that
as
a
kind
of
as
a
ballpark,
because
we
know
that
that
works
as
costs
increase.
The
the
number
of
units
is
probably
the
biggest
factor
that
would
change.
There
is
what
what
can
we
build
for
the
same
amount
of
funding
that's
available,
but
yeah
it
can't.
It
can
vary.
We've
seen
between
1.5
and
3
million
per
project.
D
Thank
you
very
much
and
vice
chair,
if
I
may
julia
ready
for
the
record,
but
you
bring
up
a
point
that
helps
me
to
highlight
one
piece
in
the
bill
that
I
probably
should
have
talked
about,
which
is
on
page.
You.
D
Go
ahead,
it's
it's
late!
On
a
thursday,
I'm
gonna
go
with
that,
because
I
was
not
at
the
cinco
de
mayo
celebration
just
to
be
clear.
So
the
page
six
section
seven
is
the
the
new.
What
I
would
call
clawback
provision
so
at
the
end
of
the
project,
it
has
to
be
certified.
A
Okay,
if
not,
I
just
had
a
couple
and
so
really
glad
to
see
this
working
and
obviously
lots
of
conversation
on
the
record
last
time
is
kind
of
the
logistics
and
how
this
would
work
and
how
this
plays
out,
because
one
thing
I've
learned
is
when
you're
talking
about
tax
credits,
it's
tricky
right,
it's
tricky,
and
so
you
you,
it
usually
takes
a
couple
cracks
at
it
to
make
sure
that
you
get
your
language
in
just
the
perfect
spot.
A
So
some
examples
for
the
record.
So
we
can
just
make
sure
that,
as
we
move
forward,
we've
got
legislative
intent
really
laid
out
so
on
the
affiliate
piece
and
the
subsidy
subsidiary
piece.
So
you've
got
definitions
in
here
and
I
guess,
with
the
subsidiary
piece
you've
got
the
that
they
they
own
50
of
the
outstanding
equity
interest.
A
D
So
julia
ready
for
the
record.
I
am
going
to
see
mr
across
or
even
mr
guindon,
because
one
of
the
first
things
I
did
was
make
sure
that
the
housing
division
was
talking
with
the
lcb
revenue
team
to
sort
out
some
of
these
things.
So
mr
acrother,
mr
gundam,
can
either
of
you
comment
on
where
the
definitions
came
from.
E
Steve
acros
administrator
of
the
nevada
housing
division
for
the
record,
to
my
knowledge
that
came
from
lcb
legal
in
defining
exactly
how
that
was
going
to
be
used.
I
cannot
speak
with
full
clarity
to
exactly
how
that
subsidiary
and
affiliate
definition
was
established.
A
Okay-
and
I
can
I
can
circle
back
to
legal-
I
just
know
that
when
we've
had
other
conversations
about
either
other
other
credits
or
benefits
that
people
might
get,
we
we've
kind
of
begged
the
question
of
okay
if
they
did
sell
it
down
downstream
kind
of
you
know,
paint
a
picture
for
us
of
who
who
this
is,
and
I
think
your
example
was
specific
to
the
financial
institution
piece.
So
if
we
went
more
to
the
other
side
of
it,
the
gaming
piece,
I
wasn't
quite
sure
how
that
all
played
out.
A
Since
most
things
are
the
corp
now,
but
I
can
have
a
legal
comeback,
but
I
think
your
intent
is
right
that
they're
they're
they're
pretty
well
in
invested
in,
and
it
would
have
to
be
a
taxpayer
in
the
state,
because
otherwise,
it's
useless
credit
for
them
right,
correct,
yeah,.
D
I
would
say
not
trying
to
be
too
specific,
but
as
julia
ready
for
the
record
as
an
example.
D
If
there
was
a
casino
chain
with
that,
with
a
name
that
rhymed
with
patients
then
and
they
had
multiple
locations
in
a
community
and
each
of
those
were
individually
organized
but
had
the
ownership
structure
that
matched
this
definition,
that
that
is
really
what
we're
looking
for.
If
there
was
a
tax
liability
in
four
separate
casinos
that
it
could
be
that
the
tax
liability
could
be
rolled
up
into
the
to
get
to
the
three
million
dollars
is
the
concept.
A
You
for
that
on
the
40
million-
and
this
was
part
of
a
conversation
that
we
had
for
the
record
last
year,
but
it
makes
sense
to
have
it
again
so
kind
of
we.
A
We
right
now
know
that
the
housing
division
typically
approves
just
a
handful
of
projects,
but
we
also
know
that
tax
credits
can
he
hit
the
sheets
at
any
time,
which
is
why
I
always
get
nervous
about
them,
but
in
the
same
way
with
that,
we
never
would
have
imagined
hardly
any
of
the
tax
credit
being
used,
because
in
what
world
do
people
not
go
immediately?
Go
cash
in
their
tax
credits?
D
Yeah
I'll
start
senator
senator
ready
for
the
record.
Thank
you
for
the
question
again,
so
I
think
in
this
case
it
actually
benefited
us
right.
I
mean
oftentimes
with
a
general
fund
appropriation
for
a
program
like
that
program
is
going
to
roll
along
and
it
is
very
consistent
and
if
you're,
if
you're,
in
the
position
of
having
to
be
in
a
special
session
and
make
cuts
it's
very
difficult.
In
this
case,
we
didn't
even
have
to
talk
about
these
tax
credits
during
the
special
session.
D
D
D
But
mr
holliday,
do
you
have
any
any
additional
comments
about
that
and
I
think.
A
That's
good,
I
think
I
mean,
although
it
would
be
kind
of
permissible
by
law.
I
think
it's
it's
highly
improbable,
but
it's
kind
of
always
something
that
you
have
to
plan
for,
because
I
think
we've
learned
that
you
that
when
these
you
know
when,
when
they
sometimes
things
happen
that
surprise
us
right
so
it
just.
A
I
just
think
I
wanted
to
get
on
the
record
that
it's
it's
highly
unlikely
it's
highly
unprobable
and
there's
the
approval
process
and
where
they
get
the
the
tax
credits
and
then
now
the
true
up
on
the
back
end
as
well.
So
there's
there's
a
little
bit
of
time
there,
where
you
can
make
sure
that
you're
not
over
like
if
the
approval
was
like.
Oh
my
goodness,
we've
got
eight
of
these
things.
L
A
Okay,
all
right,
I
think
that
is,
I
think,
those
are
all
of
the
questions
that
I
had
so
we'll
just
open
it
up,
for
I
see
that
the
chair
has
returned,
and
so
I'm
gonna
go
ahead
and
open
it
up
for
testimony
and
support.
We
don't
have
anyone
in
the
room
we'll
go
to.
Oh
senator
guccia
says
he
voted
for
it.
Thank
you,
sir.
We'll
go
ahead
and
go
to
the
our
our
presenters
in
zoom
and
I
will
hand
this
back
over
to
chair.
A
A
M
M
N
N
People
of
all
ages
need
safe,
decent
and
affordable
housing
that
will
enable
them
to
continue
to
live
safely
in
their
homes
and
communities
as
they
get
older
nevada
is
a
problem,
has
a
problem
with
availability
and
access
to
affordable
housing.
We
must
create
opportunities
to
increase,
affordable
housing,
and
this
bill
will
do
just
that.
Nevada
families
of
all
ages
have
suffered
during
this
pandemic
and
we
need
to
provide
housing
costs
that
allow
individuals
and
families
to
live
in
a
neighborhood
without
sacrificing
basic
necessities,
but
there's
food
and
health
care.
That
is
often
the
choice.
N
N
This
will
expand
the
opportunity
to
provide
affordable
housing
in
nevada,
older
adult
who
are
often
on
fixed
income,
can
become
homeless.
If
they
are
priced
out
of
their
housing,
we
must
make
sure
parents
and
grandparents
can
stay
in
their
community
and
live
comfortably
aarp
on
behalf
of
345
000
members
across
the
silver
state,
support
sb
284
and
urge
the
committee
to
pass
it
to
help
ensure
affordable
housing
is
available
in
nevada.
M
H
Good
afternoon,
chair
and
committee
members,
matt
walker,
m-a-t-t
w-a-l-k-e-r,
testifying
support
on
behalf
of
the
southern
nevada
home
builders.
I
think
it's
evident
from
the
past
two
hearings
that
senator
ratty
and
the
other
proponents
of
the
bill
have
not
only
worked
diligently
over
the
interim
to
ensure
that
this
program
is
extended,
but
they've
significantly
improved
and
strengthened
the
program.
We
think
it's
a
wonderful
bill
and
we
ask
for
the
committee
for
its
support.
Thank
you.
M
O
Good
afternoon,
madam
chair,
madam
vice
chair
members
of
the
committee,
my
name
is
christine
hess,
that's
c-h-r-I-s-t-I-n-e
and
I
am
the
executive
director
for
the
nevada
housing
coalition.
The
nevada
housing
coalition
is
a
statewide
non-profit
whose
mission
is
to
advance
and
promote
affordable
housing
for
all
nevadans.
Our
members
are
in
the
north
and
south
urban
and
rural.
O
Thank
you.
Senator
ratty,
the
nevada,
housing
division
and
nevada
hand
for
your
leadership
and
thank
you
committee
for
the
opportunity
to
express
our
strong
support
of
sb
284.
Today
we
have
an
extreme,
affordable
housing
shortage
here
in
nevada,
which
long
preceded
the
pandemic.
We
need
more
affordable
housing
and
sb.
284
expands
our
state
housing
tax
credit
toolbox
to
provide
flexibility
for
our
development
community
and
our
state.
O
We
would
also
like
to
emphasize
that
affordable
housing
is
one
of
the
drivers
for
economic
development
in
nevada,
our
own
children
struggle
to
stay
or
return
home
to
raise
their
families
and
pursue
their
careers
due
to
a
lack
of
affordable
housing,
hard-working
nevadans
face
housing
and
security
that
impacts
their
ability
to
maintain
steady
employment
or
consider
advancing
workforce
skills,
and
our
communities
are
hampered
in
attracting
new
businesses.
When
those
firms
see
the
challenge
in
accessing,
affordable
housing
for
their
workers.
O
M
H
Good
afternoon
committee
this
is
shane
pitching
any
s
h,
a
n
e
p.
I
c
n.
I
represent
the
food
bank
of
northern
nevada.
H
We
supported
this
work
back
in
2019
and
I
am
grateful
for
the
work
that
senator
ratty
is
doing
on
this
issue
in
this
legislative
session.
I
don't
need
to
explain
to
anybody
in
this
hearing
how
important
that
affordable
housing
is
for
people
to
be
food
secure,
and
I
really
appreciate
you
guys,
the
committee
and
everyone
who
has
done
work
on
this
issue.
I
appreciate
all
of
the
hard
work
that
you've
put
into
it.
Thank
you.
M
P
Good
afternoon
committee,
chair
and
members-
I
am
here
speaking
on
behalf
in
the
batting
for
the
common
good.
My
name
is
pamela
hunter
p-a-m-e-l-a-h-u-n-t-e-r
prior
to
the
pandemic,
the
national
low-income
housing
coalition
listed
nevada
as
one
of
eight
states
with
the
least
number
of
affordable
housing
units
for
low
and
extremely
low
income.
Individuals
and
family
nevada
had
only
18,
affordable
housing
units
per
100,
households,
earning
30
or
less
of
the
median
income.
P
Households
in
this
extremely
low
income
category
include
seniors
individuals
with
disability
and
low
wage
workers.
Currently
many
low-wage
workers
in
nevada
are
experiencing
extreme
hardship,
unemployment
and
risk
of
eviction
with
few
options
for
other
housing.
If
evicted,
households
with
an
affordable
home
are
more
likely
to
be
able
to
feed
their
families.
P
P
Sb
284
makes
important
improvements
to
this
program
that
will
help
preserve
housing
units
as
affordable
or
develop
new
ones
nevadans.
For
the
common
good
thanks,
senator
raddy,
for
bringing
both
of
these
bills
forward
nevadans
for
the
common
goods,
supported
sb
448
in
2019,
and
supports
sb
284
in
this
session,
we
urge
you
to
pass
sb
284.
M
G
G
Of
course,
you're
aware
that
nevada
needs
additional,
affordable
housing,
senator
ratty
showed
you
a
capital
stack
for
a
bond
financed
typical
housing
program.
In
order
to
get
these
projects
into
production,
a
funding
gap
has
to
be
filled
to
bring
the
other
91
of
the
funding
to
bear
to
build
these
projects.
G
The
state
tax
credit
was
a
giant
leap
forward
for
nevada,
the
first
real
investment
by
the
state
and
affordable
housing
in
decades.
Unfortunately,
the
program
needed
a
few
tweaks
to
truly
make
it
functional.
Sb
284
does
that
at
nrha
we
urge
the
committee
and
the
legislature
to
pass
this
important
legislation,
and
we
thank
you
for
your
support.
M
N
We
previously
as
action,
were
huge
advocates
for
back
in
2019
for
this
spell
or
for
the
system
setting
up,
and
we
would
like
to
thank
senator
reddy
for
her
continued
work
for
affordable
housing
in
general
and
specifically
for
the
housing
tax.
Credit
nevada
is
in
severe
need
for
additional,
affordable
housing
units
and,
according
to
the
national
low
income
housing
coalition,
that
number
is
over
80
000
units.
N
M
O
D-A-W-N-C-H-R-I-S-T-E-N-S-E-N
vice
president
of
communications
and
corporate
responsibility
for
the
nevada
resort
association
good
afternoon,
sir
cohen
vice
chair
and
committee
members.
This
bill
comes
at
a
critical
time
when
southern
nevada's
median
home
prices
have
reached
an
all-time
high.
Demand
for
housing
in
northern
nevada
remains
strong
and
rental
costs
are
rising,
all
of
which
continue
to
exacerbate
the
affordable
housing
shortage.
So
we
very
much
appreciate
senator
rowdy's
leadership
and
work
on
this
bill
during
a
pivotal
time
for
our
state
as
home
and
rental
prices,
soar
and
inventory
is
low.
O
Affordable
housing
continues
to
be
an
important
issue
for
the
resort
industry,
our
workforce
and
nevada
families.
This
bill
helps
increase
the
affordable
housing
supply
through
the
opportunities.
These
credits
provide
for
private
industry
to
support
the
much
needed
projects
that
will
have
an
immeasurable
impact
for
nevadans.
Looking
for
a
place
to
call
home,
we
support
sb
284
and
we
ask
you
to
as
well.
Thank
you
again,
senator
raddy
for
her
passion
and
dedication,
and
thank
you,
chair
cohen,
and
members
of
the
committee
for
your
time.
K
K
Marcus
lopez
for
the
record
americans
for
prospering
nevada.
I
want
to
start
off
by
saying
that
I
agree
with
the
sponsor's
intent
and
we
need
to
build
more
housing
in
general.
Our
primary
objection
is
that
we
oppose
tax
credits
in
general,
all
tax
credits
to
attract
charges.
What
I'm
doing
is
they
chip
away
our
tax
base
in
the
long
run,
we're
going
to
have
to
raise
taxes
and
calls
for
higher
taxes
will
be
raised,
but
secondly,
it
also
this
bill
treats
the
symptom,
not
the
cause.
K
Housing
is
very
much
a
supply
and
demand
issue
and
we
need
to
build
more
and
we
need
to
build
more
faster,
really
any
type
of
housing
through
economic
filtering.
We
do
see
that
prices
and
rents
do
get
depressed
and
people
are
able
to
afford
more
housing,
but
the
main
cause
of
the
increase
of
housing
is
land
use
and
zoning
requirements
of
local
governments.
K
So
I
encourage
you
know
any
member
comes
back
next
session
to
bring
some
form
of
a
housing
bill
that
addresses
these
issues
and
really
preempts
what
local
governments
are
doing,
because
these
regulations
that
local
governments
have
is
really
the
key
driver
of
the
cost
of
housing
housing
construction.
Thank
you.
I
Thank
you
seeing
no
one
else
in
opposition
on
the
in
the
room,
we
will
go
to
the
phones.
M
I
Thank
you
and
I
don't
believe
we
have
anyone
in
opposition
on
the
zoom,
but
I'll
just
double
check.
So,
okay,
seeing
none,
we
will
go
to
neutral,
seeing
no
neutral
in
the
room.
We
will
go
to
the
phones.
Please.
I
D
I
Thank
you
very
much
and
with
that
I
will
close
the
hearing
on
sb
84
and
open
the
hearing
on
sb
395,
which
revises
provisions
governing
the
funding
of
capital
projects
by
school
districts
in
certain
counties
and
welcome
senator
gagashia.
Please
go
ahead
when
you're
ready.
Q
I
promise
you
it'll
be
a
little
shorter,
although
when
you
see
a
bill
in
mind
with
only
my
name
on
it,
you
know
it's
going
to
be
a
tough
bill.
It's
not
your
normal
republican
conservative
bill.
I
have
to
admit,
but
again
I
better
identify
my
first
so
first
senator
peter
guccia,
representing
senate
district
19,
which
does
include
white
pine
county,
and
I
brought
this
bill
forward
for
white
pine
county.
Q
They
are
at
the
364th
statutory
cap
on
their
tax
rate
and
having
attended
school
in
white
pine
county
the
last
time
they
did
a
major
addition
to
one
of
their
buildings
was.
I
was
in
kindergarten,
and
now
this
is
not
talking
to
high
school,
that
this
is
the
middle
school
where
most
of
those
students,
their
middle
school
and
elementary
grades
are
in
buildings
that
are
well
over
100
years
old.
Q
Q
If
it
is
voter
approved
and
their
current
tax
base
in
white
pine
county's
little
over
400
million
with
a
couple
hundred
million
depending
on
where
net
proceeds
is
so,
they
would
have
a
tax
base
of
about
600
million.
If
they
went
to
the
full
25
cent
levy,
they
probably
wouldn't
be
able
to
fund
much
of
a
bond
even
at
that
even
on
a
20-year
25-year
bond.
But
I'm
here
to
testify
there
is
a
true
need
in
white
pine
county.
Q
They
need
some
schools
and
I
do
have
a
number
of
people
in
white
pine
county
that
are
willing
to
testify
and
present
their
case
to
you
this
afternoon.
All
I
can
say
is
the
bill
in
itself
touches
impacts,
11
counties
could
impact
11
counties
because
the
population
cap
is
45
000
and
those
counties
started
nigh
humboldt
on
down.
Q
I
don't
anticipate
you'll,
see
a
lot
of
support
for
this,
because
again,
people
are
concerned
about
their
taxes
and
property
tax
and
again
the
statutory
cap
of
364
is
in
place,
because
that
is
the
cap.
This
would
allow
them
to
go
outside
the
cap
and
would
also
in
the
bill,
doesn't
allow
for
the
the
abatements
to
be
applied
either
on
this
25
cent
cap.
Just
trying
to
touch
all
the
quickly
touch
all
the
pieces
in
the
bill.
Q
That
really
really
are
critical,
and
then
I
will
turn
it
over
to
the
ceo
of
white
pine
county
school
district.
Mr
paul
johnson
and
I
believe
the
superintendent
of
schools
is
also
on
the
line.
They
can
fill
you
in
a
little
more
to
the
need.
But
again
the
key
points
are
25
cent
override
outside
the
cap.
I
Thank
you
senator.
Would
you
like
to
have
your
presenters
go
and
then
we'll
do
questions
that.
R
Thank
you,
madam
chair
good
afternoon,
chair
cohen,
vice
chair,
benitez,
thompson
and
members
of
the
committee.
Thank
you,
senator
guay
kichia
for
your
introduction
of
this
bill.
I'm
adam
young,
I'm,
the
superintendent
of
the
white
pine
county
school
district
and
I'd
like
to
make
a
few
comments.
Further,
introducing
senate
bill
395.
R
I
am
a
white
pine
born
and
raised
kid.
I
attended
unlv
for
both
my
bachelor's
and
master's
degrees
and
I'm
proud
to
call
eli
nevada,
my
home
as
the
assembly
committee
on
on
revenue.
You
keenly
understand
the
connections
among
industry,
workforce
economic
development
and
world-class
schools
as
a
superintendent
and
a
lifelong
resident
of
one
of
nevada's
rural
counties.
R
These
are
things
that
I
understand
too.
I
meet
regularly
with
members
of
our
local
government
and
industry,
as
well
as
parents
and
students
and
in
white
pine.
We
have
developed
a
district
performance
plan
that
aggressively
pushes
towards
world-class
learning,
including
opening
a
steam
academy,
operating
innovative,
real-life
preparation
programs,
creating
college
and
career
ready
specialists
to
stretch
students
towards
their
goals
and
more.
R
We
are
on
our
way
and
the
possibilities
are
truly
exciting,
but
imagine
trying
to
persuade
families
to
relocate
to
ely
when
upon
touring
our
1909
elementary
school.
They
learned
that
fire
suppression
systems
ventilation
in
the
midst
of
a
pandemic.
No
less
and
campus
security
are
limited
due
to
the
age
of
the
facility
and
the
cost
of
remodeling.
R
Similarly,
imagining
emphasizing
to
employers
our
focus
on
equity
and
inclusive
practices
for
children
in
our
community,
when
a
tour
of
our
1913
middle
school,
which
senator
conchia
referenced,
reveals
that
there
is
no
ada
access
for
two
of
the
three
floors
and
again
based
on
estimates
from
experts
in
the
construction
industry.
The
cost
of
remodeling
is
nearly
equal
to
that
of
building
a
new
facility.
R
So
this
bill
simply
allows
for
smaller
school
districts,
many
of
whom
are
already
maxed
out
in
bonding
capacity,
as
has
been
referenced
already
under
existing
law,
to
go
to
the
voters
of
their
county
and
secure,
very
modest
funding.
That
will
help
remove
structural
barriers
which
limit
their
progression
and
inhibit
economic
development.
R
Again,
the
bill
does
not
do
anything
alone
to
raise
taxes;
rather,
it
puts
the
decision
in
the
hands
of
local
citizens
and,
if
approved
by
our
local
voters,
the
funds
raised
would
be
one
small
part
of
our
strategic
plan
to
replace
these
schools,
which
again
are
more
than
a
century
old.
Thank
you
for
for
your
consideration.
Thank
you
for
the
time
today
I
don't
have
any
further
introduction
of
this
bill,
and
so,
with
your
permission,
madam
chair
I'll
toss
it
to
our
cfo
paul
johnson.
L
Thank
you,
madam
chair,
and
thank
you
for
this
opportunity.
Members
of
the
committee
also
thank
you
senator
goichia,
for
bringing
this
bill
forward.
L
I
have
been
the
chief
financial
officer
for
the
white
pine
county
school
district
for
about
25
years
and
when
I
first
started
this
job,
we
actually
had
voters
approved
in
1993
the
construction
of
a
new
school
actually
to
replace
the
white
pine
middle
school,
and
at
that
time
we
did
not
have
sufficient
funds
to
secure
the
bonds
that
were
had
been
authorized
to
build
the
school,
so
they
sunseted
and
basically
disappeared,
and
from
that
period
of
time
I
have
been
trying
to
figure
out
how
to
replace
this
school
and
superintendent.
L
From
that
time
we
have
looked
at
public-private
partnerships.
We
have
looked
at
grant
opportunities
trying
to
secure
federal
sources,
but
we
have
not
been
able
to
secure
an
annual
revenue
stream
sufficient
enough
to
secure
construction
of
a
new
school
facility.
In
that
time
it
was
simply
the
white
pine
middle
school
that
was
going
to
be
constructed
over
the
time
we
have
conducted
a
facilities
assessment.
L
This
bill
actually
would
give
voters
a
voice
and
and
provide
some
funding
to
to
kind
of
give
you
an
idea
of
some
of
the
deficits
in
the
facilities
that
we're
looking
at,
and
I'm
just
going
to
read
this
from
the
facility
assessment.
Superintendent
young
said:
there's
no
fire
and
life
safety
suppression
systems
in
this.
L
In
those
schools
we
have
limited
and
non-compliant
ada
accessibility,
poor
air
indoor,
air
quality
and
inadequate
systems
for
fresh
air
flow,
inadequate
and
obsolete,
piecemeal
air
conditioning
systems,
inconsistent
and
unreliable
cooling
and
heating
systems,
asbestos
containing
materials
in
the
floors,
walls,
plumbings
and
ceilings.
We
have
no
outdoor
parking
and
no
playground
facility,
our
white
pine
middle
school
there's
a
there's
a
bunch
more
on
here.
A
lack
of
facility
features
designed
to
improve
school
security,
student
and
faculty
safety.
L
One
of
the
tough
choices
our
community
is
going
to
have
is
a
tough
choice.
Are
they
going
to
increase
their
property
tax
to
be
perhaps
the
the
biggest
in
the
state
of
nevada
and
versus
the
quality
of
schools
both
of
those
have
some
economic
measure
of
economic
impact?
So
it's
a
tough
choice
for
voters.
L
It's
almost
a
lesser
vehicles
that
you
have
an
increased
tax
rate
and
improve
your
facilities
or
do
not
have
the
increase
in
tax
and
put
up
with
the
less
than
sufficient
facilities
that
we
currently
have
anyway,
that
that
is
a
summary
of
of
our
position
and
and
our,
I
guess
our
attempt
to
solve
the
dilemma
that
we
have.
Thank
you.
Q
I
believe
at
this
point
I
think,
that's
I
don't
think,
there's
anyone
else,
at
least
not
that
I'm
aware
of
thank
you,
madam
chair.
I
B
Thank
you,
chair
cohen,
and
thank
you
senator
for
bringing
this
forward.
I
have
two
questions
the
first
has
to
do.
Actually
I
was
looking
at
your
the
2019
budget
from
the
watch
county
or
I'm
sorry,
white,
pine,
county
school,
district's
capital
asset
sheet
on
page
18..
So
I
know
that's
not
one
of
the
pieces
of
evidence,
but
just
did
a
little
bit
of
research
on
it.
B
B
Can
you
expand
upon
that
a
little
bit
more
since
that
is
from
a
year
ago,
or
can
somebody
from
the
district
do
so
as
to
what
is
the
approximate
amount
that
is
truly
deferred
at
this
time
and
then
also,
if
there's
any
discussion
around
some
of
the
matching
funds
that
are
at
the
rural
level?
I
realize
that
the
federal
excuse
me
for
the
federal
levels
when
it
comes
to
rural
school
districts.
That's
sometimes
also
a
very
difficult
thing
to
be
able
to
find.
So
if
you
could
possibly
expand
upon
both
of
those
items.
Q
L
Thank
you
again
for
the
record
paul
johnson
chief
financial
officer,
white
pine
county
school
district.
Madam
chair
members
of
the
committee,
the
the
deferred
cost
is
a
reasonable
estimate,
but
it's
not
a
certified
estimate
from
a
an
engineering,
firm
or
architecture
firm,
but
to
give
you
an
idea
of
the
deferred
cost,
the
estimated
cost
that
we
have
for
the
construction
of
a
new
k-8
facility.
That
would
be
a
facility
to
potentially
replace
the
white
pine
middle
school
and
the
david
norman
elementary
school.
L
The
estimate
that
we
have
from
court
construction
certified
by
lombard,
conrad
architects
is
approximately
57
million
dollars,
so
the
one
school
in
and
of
itself
is
roughly
the
60
million.
The
other
improvements
would
be
to
the
other
schools
that
are
around
1950
or
1960
vintage
that
also
need
material
improvements
to
their
exterior
facilities,
playground
and
safety.
Improvements
live
fire
and
life
safety
improvements
and
things
of
that
nature.
B
Thank
you,
a
follow-up
or
actually
a
separate
question,
sir
cohen,
if
I
may
okay.
Thank
you.
The
second
question
has
more
to
do
with
the
campaign
or
the
ability
to
be
able
to
do
this
itself.
I
realize
it's
not
part
of
this
bill.
Q
Through
the
chair
to
assemblywoman
anderson,
I
I
don't
believe
it
clearly.
It
is
an
effort
to
get
the
community
behind
the
need,
even
though
they
recognize
the
need
to
at
least
pay
for
a
portion
of
this
construction.
Again,
when
you
start
talking
a
60
million
dollar
school
in
a
county
of
under
10
000
and
and
you're
talking
a
tax
rate
of
up
to
25
cents,
it's
not
going
to
get
far,
and
so
the
bottom
line
is,
I
think
it's
it's
trying
to
bring
the
community
together.
Q
I
think
it's
a
step
that
we
can
show
the
state
and
or
other
grants
and
applications
that
hey
we're
we're
trying.
We
went
to
the
override
we're
trying
to
generate
some
money.
You
know,
and-
and
I
guess
near
and
dear
to
me-
is
the
fact
that,
even
though
I
went
to
school
in
white
pine
county,
none
of
my
children
or
grandchildren
did
but
the
bottom
line.
Q
I
recognize
the
need
there,
anytime
you're,
in
facilities
over
100
years
old,
when
they
were
built
when
before
you
started
school
and
I've
been
out
of
school
a
long
time,
it's
it's
a
struggle
and
they
clearly
can't
meet
the
needs.
So
I
think
it's
more
than
anything.
Q
This
bill
was
intended
as
an
effort
to
generate
some
revenue,
bring
some
bonding
to
the
table,
but
again
recognizing
and
in
fact
there
were
some
votes
in
the
in
the
senate
that
they
told
me
the
reason
they
voted
against
it
because
they
felt
the
state
had
an
obligation
there
more
than
what
this
bill
was
bringing.
So
thank
you.
I
Chair
for
that
time,
thank
you
and
senator
feel
free
to
go
and
directly
to
the
member
assembly.
Member
considine.
K
Thank
you,
madam
chair,
and
thank
you
senator
for
bringing
this
bill
from
some
of
what
I've
just
heard
and
the
need
that
it
seems
like
a
very
clear
need.
What
I'm
wondering
is
is
this:
how
many
other
ways
for
capital
projects
to
build
schools
are
there?
Is
it
only
a
property,
tax
or
sales
tax?
Is
there
a
limitation
on
how
you
can
raise
funds,
because
I'm
just
curious
why
this
this
is
the
suggestion.
L
Thank
you,
man,
chair
again,
paul
johnson
chief
financial
officer
for
the
white
pine
county
school
district.
I
mean
that's
a
great
question.
That's
one
of
the
things
that
we
have
been
struggling
over
is
trying
to
figure
out
what
revenue
source
would
be
large
enough
to
generate
a
sufficient,
stable
revenue
to
secure
bonds
for
school
construction
and
in
smaller
communities
per
capita
revenue
is
doesn't
amount
to
a
lot.
So
there
are
other.
L
There
are
other
fees
on
the
books,
franchise
fees
or
residential
construction
taxes
which
are
per
residential
unit
or
per
a
per
diem
amount.
But
since
there's
so
few
people
in
such
a
small
tax
base
that
the
there's
small
numbers
that
any
revenue
generated
from
other
sources
of
rev
taxes
don't
amount
to
enough
annual
revenue
to
secure
bonds.
So
the
reason
why
property
tax
is
being
looked
at
is
because
that
is
the
largest
piece
and
levying
a
property
tax
creates.
I
Okay,
let's
go
to
some
women
yeager
and
then
vice
chair.
K
Thank
you
so
much.
Madam
chair,
senator
I
I
tend
to
agree
with
some
of
your
senate
colleagues
that
I,
I
believe
it's
a
state
responsibility
and,
as
you
know,
we've
had
difficulty
getting
to
a
two-thirds
vote
for
revenue
revenue
that
would
help
all
of
the
state's
counties,
including
white
pine
county,
and
unless
I'm
misunderstanding,
or
maybe
I'm
misinterpreting
the
presentation
and
the
sentiment,
but
it
sure
seems
like
there's
a
bit
of
skepticism
about
whether
voters
in
white
pine
county
would
would
even
approve
this.
So
I
guess
I'm
struggling
with
this
notion
of.
K
Why
would
we
pass
this
out
and
send
it
to
the
voters
if
it
sure
sounds
like
there's
very
little
hope
that
the
voters
in
white
pound
pine
county
would
actually
agree
to
additional
taxation?
So
I
guess
that's
my
question
or
am
I
am
I
misreading
the
sentiment
that
this
is
would
be
unlikely
to
get
by
the
voters.
Q
To
senator
garcia
to
assemblyman
yeager,
I'm
not
sure,
and
I
I
would
hate
to
call
that
you
know
again:
voters
tend
to
be
a
you
know,
a
little
hesitant
to
raise
their
own
taxes,
but
I
think
in
a
community
like
again
white
pine
county,
the
city
of
ely,
I
think
the
need
has
been
there
so
long.
Q
I
would
hate
to
say:
no
those
voters
wouldn't
approve
it,
and
you
know
when
you're
in
those
kind
of
facilities,
most
of
them
they're
going,
they
went
to
school
where
their
grandkids
are
not
going
to
school
in
the
same
facilities.
And
so
I
don't
know
how
a
person
would
vote
on
that
yeah
it
it's
a
significant
impact
and
again
the
other
piece
of
it.
I
believe,
if
you
bring
the
bill,
bring
bring
the
ballot
question
and
it
is
a
10
or
a
10
cent
override
rather
than
the
maximum
25
cents.
L
Yes,
madam
chair
for
the
record,
paul
johnson,
yeah
and-
and
I
guess
maybe
I'm
being
overly
optimistic
when
I
take
a
look
at
the
history
of
our
voters
and
how
they
have
supported
school
construction
over
the
decades.
L
I
I
think
there
I,
I
think,
there's
a
probable
chance
that
they
would
take
a
look
at
this
and
agree
to
improve
the
school
facilities,
but
it's
not
a
slam
dunk.
I
think
it
would
be
it's
a
tough
decision
to
make,
especially
given
the
period
of
time
that
we've
just
come
through
on
the
heels
of
a
pandemic
recession.
To
ask
voters
to
increase
their
taxes
may
not
be
the
best
time,
so
we
would
have
to
give
that
some
consideration.
L
But
I
think
it's
I
think
it's
something
that
we
we
are
obligated
to
ask.
We
have
a
plan
to
secure
the
total
amount
of
funding.
We've
actually
submitted
an
application
pursuant
to
nrs
387.3335,
which
provides
that
school
districts
under
certain
that
provide
proof
of
certain
emergency
conditions.
Kind
of
can
make
an
application
of
the
state
for
financial
assistance.
L
I
do
know
that
we
have
had
a
number
of
county
commissioners
come
to
us
unsolicited,
so
in
support
of
this,
I've
talked
to
the
finance
director
for
white
pine
county,
who
is
hopeful
just
before
this
hearing,
as
a
matter
of
fact,
who's
hopeful
that
we
get
this
going
as
well.
So
there
is
some
optimism,
at
least
in
the
people
that
I've
spoken
with,
so
I'm
I
remain
hopeful
that
this
is
a
potential.
I
Thank
you,
mr
johnson.
Vice
chair.
A
Thank
you.
I
forgot
myself
for
a
moment.
Thank
you
so
much
okay,
so
it
you
might
have
answered
a
piece
of
it
in
a
couple
of
the
other
questions
that
you
have.
So
I
guess
what
I
was
looking
for
is
and
forgive
me
if
it's
under
exhibits-
and
I
just
didn't
see
it
but
so
you're
gonna.
The
idea
would
be
to
if
you
the
taxes
passed
and
you
get
the
extra
75
cents
on
every
100
assessed.
A
Then
you
don't
want
that
to
be
it
exp.
You
want
you're,
probably
going
to
have
to
build
that
up
before
you
can
use
it
right.
You're
not
going
to
be
able
to,
or
our
guess
is
the
intent
to
go
ahead
and
bond
on
that.
The
minute
the
the
voters
pass
on
it.
So
they
vote
on
it
november.
Third,
or
something
you're
out
there
bonding
on
november
4th.
I
know
there's
a
kind
of
a
a
window
in
which
government
local
governments
can
do
bonding.
Q
Work
through
the
chat
to
assemblywoman
thompson
number,
one:
it's
only
25
cents,
it's
the
max
and
sorry.
Q
But
and
anyway
I
would
would
assume
but
I'll
leave
that
I'll.
Let
cfo
johnson
respond
to
that,
but
I
would
think
that
you
know
with
one
year
collection
or
whatever
you
could
move
ahead
with,
at
least
with
and
again
we're
not
going
to
be
able
to
generate
an
even
with
total.
I
don't
think
you
can
generate
enough
money
to
bond
and
build
what's
going
to
be
required
in
the
so
it's
just
going
to
be
a
piece
I
think
mostly
it's
showing
that
hey.
We
came
to
the
table.
A
I
appreciate
that,
and
so
I
imagine
mr
johnson
would
answer
that,
but
I'll
ask
the
second
part
of
it,
so
you
can
probably
answer
the
whole
thing
in
one
shipping,
so
this
would
be
more
like
the
bond
the
the
tax
passes.
You
start
accruing
money
right,
so
I
guess
then,
at
what
at
what
level
of
money
would
you
need
to
collect?
A
I
for
in
order
to
go
out
and
bond
against
the
project,
and
then
it
sounds
like
you're
waiting
for
some
private
funding
too
so
like
I
could
give
an
example
in
other
situations
where
the
state
had
this
recently
right.
We
we
said
we
were
going
to
give
a
chunk
of
money
for
one
of
our
institutions
to
build
a
school
and
one
of
our
nc
institutions
to
build
a
school,
and
we
were
part
of
the
money
and
then
a
private
donor
was
the
other
part
of
the
money.
A
A
So
I
guess
I'm
saying
if
you
start
collecting
that
money
and
the
other
pieces
don't
come
together,
you're
still
going
to
be
collecting
that
tax
for
up
to
20
years
right,
there's
nothing
once
you
start
collecting
the
tax,
you
don't
necessarily
have
a
way
to
stop
the
collection.
Even
if
the
whole
thing
doesn't.
L
Madam
chair,
yes,
paul
johnson
for
the
record,
you
know
it's
it's
interesting
that
scenario
that
you,
the
on-again
off-again
scenario,
actually
happened
when
we
were
trying
to
raise
money
for
our
athletic
field
to
finish
our
high
school
conflicts.
So
I
was
worried.
I
was
going
to
lose
my
job
because
we
had
secured
financing
in
one
form,
but
not
in
another
form.
L
So
our
purpose
with
respect
to
this
is
is
has
a
number
of
options,
and,
and
all
of
it
is,
is
somewhat
contingent
upon
our
ability
to
get
all
of
the
funding
available
to
actually
construct
a
school.
L
So
if
the
bill
were,
if,
if
the
commission
were
to
allow
this
to
go
to
a
vote
of
the
people
and
we
were
actually
able
to
collect
revenue
from
this
upon
passage,
we
would
get
approximately
a
million
dollars
a
year
based
on
the
on
the
tax
base,
excluding
that
proceeds
of
the
minerals,
including
that
proceeds
of
minerals.
L
The
substructure
beneath
the
floor
is
such
that
our
engineers
said
that
we
cannot
have
large
gallon
gatherings
on
this
gymnasium
floor
for
fear
of
catastrophic
failure.
That
is
one
thing
that
we
would
move
to
improve
and
make
sure
that
we
could
do
if
we
were
not
successful.
Getting
the
total
amount
for
a
new
school,
but
a
new
school
would
be
optimal
so
along
that
period
of
time
as
we're
collecting
the
million
dollars.
L
If
we
get
to
a
point
where
we
secure
funding
for
a
new
school
at
that
point,
we
would
try
to
attempt
to
bond
to
secure
the
the
bigger
piece
all
at
once.
So
as
as
super
as
senator
goldbacher
indicated,
you
know
it's
kind
of
our
our
local
contribution
and
our
skin
in
the
game,
so
to
speak,
to
help
solve
our
own
problem.
So
hopefully
I've
answered
your
question.
If
I
haven't,
please
readdress
that
and
I'll
try
to
do
a
better.
L
A
Sorry,
I
think
I
I
appreciate
the
answer.
I
think
I
I
think
I
want
to
make
sure
I
just
got
it
right,
though.
So,
if
you,
if
the
tax
prevails
and
you're
collecting
the
the
dollars,
but
you
can't
get
the
other
pieces
to
come
together,
then
you've
just
got
that
fund,
that's
being
accrued,
which
can't
be
used
for
anything
else
right,
and
so
I
get.
My
answer
was
like:
what
are
you
gonna
do
with
the
funds?
L
Thank
you
again,
paul
johnson
for
the
record.
I
guess
it
would
depend
on
the
circumstances
we
would
certainly
we
have
such
a
large
deferred
capital
need
that
the
money
that
would
receive
on
an
annual
basis
if
we
were
not
to
secure
it
for
bonds,
we
would
use
it
on
a
pay-as-you-go
basis
to
do
capital
improvements
to
not
only
those
two
facilities
that
we
just
referenced,
but
the
other
facilities
that
we
have
in
the
school
district.
L
We
have
much
greater
capital
demand
than
we
have
capital
revenue,
so
we
would
want
to
continue
to
use
that
and
put
them
to
the
best
use
to
improve
the
facilities
and
upgrade
them
to
meet
ada
life,
safety,
fire
suppression
and
all
that
these
those
other
needs
so
along
the
way,
if,
if
we
were
fortunate
enough
either
through
federal
stimulus
or
state
support
or
or
donations
to
secure
the
sufficient
funds
to
build
a
school.
At
that
point,
we
would
bond
and
use
those
funds
to
complete
the
quilt.
So
to
speak.
L
Q
Madam
sheriff,
I
mean
you'll
follow
up.
I
think
a
lot
of
this
will
be
driven
by
the
ballot
question
itself
and
clearly,
I
feel
if
you
go
to
the
voters
in
white
pine
county
and
that
funding
isn't
committed
for
new
school
construction
and
they
do
assume
that
hey,
we
might
raise
these
taxes,
10
15
cents
per
100,
and
yet
it's
just
going
to
roll
into
a
capital
improvement
fund
that
can
be
used
anywhere,
even
though
it's
needed,
I
think
it.
It
would
be
a
lot
more
difficult
to
get
that
this
measure
passed.
Q
I
I
think
the
language
in
the
ballot
question
itself
will
drive
that
I'm
sure
it's
going
to
be
for
new
school
construction
and
and
the
voters
would
approve
it
for
that.
I
think
if
you're
talking
about
just
rolling
it
into
a
fund
and
we're
going
to
accumulate
it
for
20
to
30
years
or
or
use
it,
I
think
it'd
make
it
very
difficult
to
get
the
question
passed.
A
A
So
I
I
get
the
need
and
I
get
that
it
is
really
tricky,
and
I
I
part
of
those
committees,
writing
the
the
ballot
question
and
arguing
for
the
money
and-
and
it
took
a
lot
to
get
it
done
and
and
you
know
in
another
county,
they
tried
it.
Ours
was
sales
tax.
The
other
county
on
the
other
side
of
the
state
tried
it
too,
with
sales
tax
and
their
voters
said
no,
so
you
get
mixed
responses
all
over
the
place
and-
and
I
get
how
it
it's
a
precarious
proposition.
A
Q
I
thank
you
for
that
again,
senator
gregory
for
the
record
and
really
that's
what
this
is
about
giving
him
this
bill
gives
the
people
of
white
pine
county
the
opportunity
to
affect
that
change.
They
need
in
our
community
and
if
it
doesn't
pass,
then
we
tried.
I
So
I
I
was
wondering
about
the
the
facilities
that
are
there
now
I
understand
they're,
extremely
old,
and
so
it
sounds
like
I
believe
you
said
that
there
it
would
be
to
build
new
facilities,
not
just
try
to
retrofit
these
facilities,
which
I'm
guessing
might
be
more
expensive
than
just
building
new.
But
what's
going
to
happen
to
these
properties
and
can
that
funds
from
that
be
leveraged
in
some
way.
R
I
can
try
to
know
adam
young
for
the
record,
and
and
thank
you
for
that
question,
as
has
been
alluded
to
a
couple
of
times
that
we
have,
we
have
a
plan,
but
that
plan
is
fluid
and
that
plan
is
adaptable.
Based
on
on
on
how
things
change
as
we
go
forward.
So
we
have
had
a
number
of
discussions
about
the
two
different
properties
that
we're
talking
about
where
white
pine
middle
school
is
currently
located,
which
is
right
in
our
downtown
area.
R
It's
a
it
is
a
very
historic
building.
It's
a
place
that
people
have
a
great
affinity
for,
as
well
as
the
david
norman
elementary
school,
which
is
in
a
little
bit
more
of
a
residential
area.
So
we
we
have
contingencies,
for
those
and
and
some
of
those
contingencies
involve
potentially
sales
of
the
lands
and
and
subdivision
for
additional
housing
and
whatnot.
R
But
we
we
haven't
gotten
too
deeply
into
all
of
the
details
of
those
different
plans
because
again
we're
in
the
very
preliminary
stages
and
and
so
much
of
what
we
are
envisioning
is
dependent
upon
upon
this
bill
that
senator
wikici
has
sponsored
for
us.
So
the
the
short
answer
to
the
question
is
yes:
that
is
a
possibility.
R
The
the
more
in-depth
answer
is
that
again,
it
all
depends
on
on
what
sources
of
funds
do
become
available,
whether
or
not
this
bill
is
passed
and
what
the
will
of
our
community
is.
I
Okay,
thank
you
and
then
I
I
just
also
wanted
to
ask
about
the
the
fiscal
from
the
county
itself
from
the
chief
deputy
finance
director
claimed
a
concern
with
an
adverse
effect
on
economic
growth
because
of
companies
not
being
willing
to
move
into
the
area.
If
the
tax
rate
is
raised,
has
there
been
any?
What
is
your?
What
is
do
you
have
any
idea
how
this
would
affect
economic
development?
I
know
there
was.
Q
Senator
greg
katia
for
the
record,
and
yes
clearly,
I
can
understand,
excuse
me
the
issue,
but
white
penn
county
is
already
over
the
cap
by
a
couple
of
cents.
You
know
they
went
through
the
severe
economic
hardship
back
20
years
ago
and
the
state
actually
took
them
over
and
ran
them.
So
you
know
they're
accustomed
to
the
chicken
and
feather
scenarios.
What
I
call
it
you
know
got
chicken
today
and
feathers
tomorrow,
so
it's
boom
and
bust.
It
is
mining
there
again
do.
I
think
that
that
would
impact.
Q
The
relocation
to
white
pine
county-
if
that
there
was
this
additional
piece
on
the
on
the
tax
rate.
No,
you
have
to
have
a
reason
to
be
there
and
again
whether
it's
a
mine
or
the
community
or
typically
it
would
be
a
resource
issue
or
there
are
advantages
to
living
in
eastern
nevada
in
the
rural
communities.
Q
I
L
Manager,
paul
johnson,
for
the
record.
I
agree
with
senator
golichia.
You
know
there's
a
reason
why
people
come
to
our
area
and
it
typically
isn't
tied
to
how
much
property
tax
that
they're
paying
and
the
the
amount
of
money
per
residential
dwelling
unit
for
the
25
cents,
I
think,
would
be
nominal
in
a
total
dollar
amount.
If
you
spread
that
over
12
months,
but
it
it,
it
is
a
dilemma
I
mean
we
know
that
the
taxes
affect
economic
development
and
we
know
that
schools
affect
economic
development.
L
L
I
Yes,
thank
you.
Okay,
I'm
seeing
no
other
questions.
I
think
we're
ready
to
move
on
to
support,
seeing
no
one
in
the
room.
I
guess
we
will
go
to
the
phones,
please,
if
you're
ready,
senator
thanks.
Okay,
let's
go
to
the
phone
please
in
support.
M
G
Hi,
this
is
chris
bailey
d-a-l-y
nevada,
state
education,
association,
we're
in
support
of
sb
395,
as
we
represent
educators
in
all
11
impacted
counties
by
this
bill,
including
white
pine.
A
couple
of
additional
points
you've
heard
about
the
school
facilities
in
white
pine,
but
more
than
half
of
the
small
rural
school
districts
have
have
capital
needs
and
could
benefit
from
this
legislation.
G
G
You
know,
freeze
in
their
overall
budget
support
with
the
new
funding
plan,
and
although
we
would
like
to
avoid
that
and
adjust
the
whole
harmless
in
that
bill
regardless,
I
think
districts
doesn't
have
to
be
creative
and
then
one
final
point
is
that,
while
many
nevadans,
including
rural
nevadans,
are
hesitant
about
raising
taxes,
when
you
can
assure
the
voter
that
the
taxation
is
going
to
directly
benefit
their
community
schools
and
their
kids
schools
they're
much
more
likely
to
support
that
tax
proposal.
M
O
O
This
bill
provides
the
much
needed
support
and
local
authority
to
increase
local
revenue
and
support
school
construction
throughout
our
rural
communities.
This
is
an
important
measure
to
support
rural
school
districts
and
the
students
within
them.
We
encourage
your
support
for
the
bill.
Thank
you
so
much.
I
M
C
My
name
is
juanita
cox,
I
p
c
o
x.
I
am
from
story
county,
one
of
the
17
counties.
This
party
chooses
winners
and
losers,
which
is
unfortunate
story.
County
was
one
of
the
losers
when
you
took
and
gave
money
to
tesla,
and
we
did
not
get
money
for
10
years
for
our
school.
C
I
hope
you
consider
this
for
the
other.
What
would
be
11
counties,
but
only
10
of
them
would
be
possible
losers.
I
I'm
in
sympathy
with
white
pine
school
districts.
It's
understandable
that
they're
trying
to
do
this,
but
you're
implicating
the
rest
of
us.
C
C
C
M
J
Good
evening,
madam
chairman
members
of
the
committee,
this
is
janine
hanson,
j-a-n-I-n-e
h-a-n-s-e-n
state,
president
of
nevada,
families
for
freedom.
We
oppose
sb
395,
which
will
allow
11
rural
counties
to
raise
their
property
taxes
above
the
cap.
Even
though
this
allows
for
a
vote
of
the
people,
we
know
how
it
works.
That
government
combines
using
their
resources
to
work,
to
promote
a
vote
in
favor
of
raising
taxes.
J
According
to
the
institute
for
policy
innovation
in
the
united
states,
the
total
u.s
tax
burden,
including
federal
state
and
local
taxes
and
hidden
taxes,
is
equal
to
56
of
annual
personal
consumption.
Spending.
56
is
more
than
a
person
spends
on
housing,
food,
health
care,
transportation,
education
and
recreation.
How
can
people
possibly
take
care
of
themselves
and
our
families
when
government
takes
56
percent
of
our
income
and
now
wants
more?
There
are
many
very
excellent
alternatives
to
spending
more
money
on
schools.
J
Choice
in
education
not
only
saves
taxpayer
money
but
improves
the
academic
achievement
of
students,
arizona
introduced,
empowerment,
scholarship
accounts
in
the
2011-12
school
year,
originally
reserved
for
special
needs
children.
The
program
has
since
been
expanded
for
children
in
failing
schools.
The
program
is
groundbreaking
in
its
flexibility,
for
how
the
account
can
be
used.
Money
in
the
account
awarded
by
the
state
can
be
used
for
tuition
textbooks,
tutors
online
classes,
homeschool
materials
and
more
analysis
from
the
goldwater
institute
shows.
J
The
state
saves
12
million
dollars
per
year
for
every
five
five
thousand
students
who
utilize
the
empowerment
scholarship
account.
I
live
in
elko
county,
which
will
not
be
affected
by
this
tax,
but
I
have
noticed
numerous
businesses
in
elko's
elko
that
have
closed
permanently
during
this
last
year
of
emergency
shutdowns,
how
many
more
homeowners
have
lost
their
homes
and
their
jobs
or
businesses
and
therefore
are
behind
in
their
mortgages
and
will
lose
their
homes
because
they
can't
even
pay
their
property
taxes.
This
is
no
time
to
raise
taxes.
J
M
C
My
name
is
karen
waldman
w-a-l-d-m-a-n,
I
opposed
sc.
I
understand
the
downside
of
an
outdated
and
crumbling
school,
but
I
don't
understand
is
why
this
wasn't
on
your
radar
decades
ago.
If
my
house
was
built
in
1914,
I'd
be
remiss
to
kick
the
can
down
the
road
until
it
fell
apart.
I
would
have
to
set
aside
money
each
month
to
save
for
the
inevitable
upgrades
it
would
need,
such
as
a
twenty
thousand
dollar
new
air
conditioning
unit,
not
wait
until
the
unit
failed,
and
I
couldn't
afford
to
replace
it.
C
That's
what
people
that
aren't
using
other
people's
money
do
I'm
curious
how
many
other
funds
that
have
come
into
these
districts
have
been
spent
foolishly
or
wasted.
I
know
at
one
time
clark,
county
school
district
had
actually
lost
school
buses,
that's
right,
they
lost
them.
They
didn't
know
where
they
went.
That
doesn't
inspire
confidence
to
give
more
money
for
schools.
C
When
will
you
ever
learn
that
the
well
of
the
public
trough
is
not
a
bottomless
pit
for
you
to
keep
dipping
into
and
taking,
because
you
can't
manage
the
money
you
have
when
my
husband
and
I
both
lost
our
jobs
due
to
the
extremely
poor
job
the
governor
did
with
his
harmful
lockdowns
and
the
control
he
exercised
over
all
of
us.
We
had
to
slash
our
budget
and
live
on
savings
that
we
can't
replace
under
the
guise
of
only
25
cents
per
hundred
dollars
of
assessed
valuation.
C
That
means
an
increase
of
250
a
year
for
our
home
and
that's
not
an
expensive
home,
and
we
simply
cannot
afford
to
have
any
more
tax
increases.
And,
yes,
we
know
this
would
continue
to
go
up
every
year,
because
it's
based
on
an
assessed
valuation
that
continually
rises.
This
amount
would
be
due
starting
with
the
august
tax
bill
and
there
simply
isn't
any
way
to
make
money
appear
out
of
thin
air,
especially
with
no
jobs
and
the
cost
of
getting
money.
C
I
Okay,
then
we'll
move
on
to
neutral,
seeing
no
one
in
the
room
or
on
the
zoom.
We
will
go
to
the
phones.
Please.
M
I
Q
All
right,
I
thank
you,
madam
chair
members
of
the
committee.
I'm
sorry,
I
never
thought
this
would
go
anywhere
close
to
an
hour
in
length.
My
apologies
again,
the
basics
of
the
bill
are
up
to
a
25.
Override
only
affects
those
counties
under
45
000,
which
is
11
counties
in
the
state
and
again
voter
approval.
Just
asking
please
pass
the
bill.
Give
the
people
of
white
pine
county
a
chance
to
make
that
decision.
Yes
or
no.
Thank
you.
L
I
Thank
you
and
superintendent
young
did
you
want
to
add
anything.
R
I
Thank
you,
and
with
that
I
will
bring
the
hearing
on
assembly
bill
395
to
a
close
committee.
We
were
going
to
do
a
review
of
the
economic
forum,
but
given
the
hour
and
that
we
have
many
members
who
have
to
go
to
ways
and
means
briefings
and
the
like
we're
going
to
roll
that.
So
with
that,
we
will
go
on
to
public
comment
if
we
have
there's
no
one
in
the
room.
So
if
we
can
go
to
the
phones,
please.
M
I
From
the
committee
okay,
seeing
none,
we
have
handled
all
of
our
bills
that
have
come
over
from
the
senate
so
far,
but
I'm
sure
we'll
be
getting
some
more.
So
just
we'll,
let
you
know
when
we
schedule
our
next
hearing.
Thank
you
bps
and
staff.
As
always,
and
with
that,
the
meeting
is
adjourned.