Nev. considering tax breaks for aviation industry
By Bill O’Driscoll, Reno Gazette-Journal
If Nevada is going to compete for aviation services and the emerging, potentially lucrative commercial drone industry, it must be more business-friendly in terms of tax relief surrounding states already offer.
That was the message Thursday to a joint legislative hearing to consider Senate Bill 93, which would offer partial tax abatement for aviation-related businesses and is being pushed by the Governor’s Office of Economic Development as well as the Reno-Tahoe Airport Authority.
“This is a game-changer. We can do this in a way that’s very bipartisan. We stand shoulder to shoulder today,” Lt. Gov. Mark Hutchison, a Republican sitting alongside Assemblywoman Irene Bustamante Adams, a Democrat from Clark County, told the Senate Revenue and Economic Development and Assembly Taxation committees.
