Hettrick wants Nevada tax cap
With property tax bills on the Nevada side of Lake Tahoe predicted to increase as much as 30 percent next year, Assemblyman Lynn Hettrick says he’s willing to support or author legislation to halt large increases.
With a tax cap petition calling for a 2 percent cap on taxes failing to gather enough steam to make it on the November ballot, Hettrick told members of the Tahoe Douglas Chamber of Commerce that while he supports the idea of tax caps, the petition floated by one of his colleagues went too far.
“While I personally don’t think it is the right solution, there is enough leverage there for the impetus for legislation,” the Gardnerville Republican said Tuesday, following the chamber meeting.
The proposed 2 percent property tax cap sponsored by Assemblywoman Sharron Angle won’t appear on the November ballot. It called for a constitutional amendment to cap taxes at 2 percent a year. Some argued counties and school districts in Nevada would be hurt by the rollback because it would have been retroactive to 2001 forcing school districts and counties to give back money they had already collected from the state.
Instead Hettrick said he will back or sponsor legislation to place a cap somewhere in the neighborhood of 4 to 6 percent a year.
Citing the work by Clark County Assessor Mark Scholfield, both Hettrick and Douglas County Assessor Doug Sonnemann agree that something needs to be done legislatively to halt huge property tax increases in some areas of the state, including Lake Tahoe and Las Vegas.
Scholfield’s plan calls for a property tax cap of 6 percent annually.
“It is the best thing going at this point. I could see some modifications to this but at least it would be a good starting point,” Sonnemann said.
Hettrick believes it is viable to get that passed during next year’s session of the Nevada Legislature.
What’s good about the Scholfield plan is that it doesn’t penalize counties which take in more money than they contribute to the state, Hettrick said.