SB 200 allows counties with populations under 9,000 (like Esmeralda, Eureka, and Storey) to seek reimbursement from the state for costs incurred when hosting large, tax-exempt live entertainment events. Specifically, if a nonprofit religious or charitable organization holds an event with 15,000+ tickets in one of these counties, the county can apply for reimbursement of direct costs (e.g., security, permits) related to the event. The bill sets clear limits: counties cannot claim costs already paid by the event organizer, indirect costs are capped at 20% of direct costs, and total annual reimbursement cannot exceed $750,000. Applications must be submitted within 90 days after the event and reviewed by the Department of Taxation before approval by the Nevada Tax Commission.
SB 431 expands Nevada’s excise tax on live entertainment to include ticket resales, requiring resellers to collect and remit the tax on secondary sales (previously only applied to original purchases). It eliminates an existing exemption for professional sports events (e.g., Las Vegas Raiders games), now subjecting them to the same 9% tax. The bill also mandates that online platforms facilitating ticket resales - like StubHub or Ticketmaster - must collect the tax if they process over $100,000 in gross receipts or 200+ transactions annually, unless resellers agree to handle collection. This directly affects ticket resellers, online marketplaces, and event organizers hosting live entertainment, including professional sports teams.
AB 403 proposes that if approved by Nevada voters in 2026, retailers would not charge sales tax on the value of a used portable electronic (like a phone or tablet) traded in for a new one. This exemption would apply only when the trade-in value is clearly stated on the sales receipt and the trade-in occurs during the same transaction as the new purchase. If enacted, the tax exemption would take effect January 1, 2027, and expire December 31, 2050. The bill directly affects consumers purchasing new electronics through trade-ins and retailers handling such transactions.
AB 535 simplifies the process for religious, charitable, and educational nonprofits to qualify for Nevada's sales tax exemption. It allows these organizations to prove eligibility by showing they are recognized as 501(c)(3) tax-exempt by the IRS, instead of meeting the previous detailed requirements about their "sole or primary purpose." This change directly affects nonprofits seeking to avoid sales tax on purchases related to their exempt activities. The bill updates Nevada law to align with federal tax standards, making the exemption process more straightforward for qualifying organizations.
AB 69 removes the October 1, 2027, expiration date for Nye County’s existing 2007 sales and use tax, which funds public safety. The tax currently supports firefighters, deputy sheriffs, and public safety facilities in Pahrump, Amargosa Valley, Beatty, Tonopah, and other Nye County communities. This bill extends the tax’s authority indefinitely after 2027 without creating new taxes or fees. It directly affects Nye County residents and local public safety services, with no fiscal impact on state or local government as noted in the bill’s fiscal analysis.
SB 430 creates tax incentives for developers building affordable single-family homes for households earning under 130% of the area median income. It allows transferable tax credits covering project costs (expiring after 4 years) and partial tax abatements on employer excise taxes (up to 10 years) and local sales taxes (up to 20 years). The bill also exempts qualifying homes from property taxes and transfer taxes for initial owners, while prohibiting sales to corporations or limited-liability companies. These provisions apply only to projects approved by the Housing Division before July 1, 2055.
SB 392 imposes a sales tax on the retail sale of specific digital products (like software, ringtones, digital books, and videos) delivered electronically to Nevada residents. It requires out-of-state retailers and digital platforms (e.g., app stores) with over $100,000 in Nevada sales or 200+ transactions annually to collect and remit the tax at the same rate as Nevada’s local sales tax. The tax applies to sales where the product is electronically transferred to a Nevada end user, with collection rules mirroring existing sales tax administration. The law takes effect January 1, 2026, and excludes occasional sales or transactions where sellers assume tax responsibility.
AB 307 eliminates a 15% excise tax on wholesale cannabis sales (affecting growers and distributors) and increases the retail tax on cannabis products from 10% to 14.25% of the sales price. Revenue from the new retail tax must first cover costs for the Cannabis Compliance Board before any remaining funds go to the State Education Fund. The bill also removes obsolete provisions about valuing wholesale cannabis and updates funding sources for the Education Fund. This change may impact local government budgets, as noted in the fiscal report.
