Lombardo economic development bill targets child care, high-tech business, rural housing - The Nevada Independent

Lombardo calls for $12 million tax credit for child care facilities in economic proposal

The Nevada Forward Economic Development Policy Reform Act includes proposals for tax credits for child care facilities and a community infrastructure investment fund.

Lombardo economic development bill targets child care, high-tech business, rural housing - The Nevada Independent

Gov. Joe Lombardo has unveiled his long-awaited economic development proposal that would give up to $12 million in tax credits to child care facilities and offer abatements to businesses related to clean energy, advanced manufacturing and defense as the state tries to move away from its heavy dependence on tourism. SB461, one of five policy bills that Lombardo will be bringing forward this session, also removes a requirement that businesses have…

Lombardo Aims to Free Nevada’s Economy from Red Tape and Tourism Dependence

In a move that could reshape Nevada's economic landscape, Governor Joe Lombardo has unveiled a comprehensive economic development bill aimed at diversifying the state's economy away from its traditional reliance on tourism and gaming. What's in the Bill? Senate Bill 461, formally introduced last Wednesday, represents one of five policy bills the governor is bringing...