Tough NV legislative session coming, lawmaker says
STATELINE, Nev. (AP) – A top state Democratic leader says the upcoming session of the Nevada Legislature is going to be tough, with lawmakers facing difficult choices about an expected $3 billion budget shortfall.
State Senate Majority Leader Steven Horsford told a Nevada Mining Association convention audience Saturday at Lake Tahoe that Nevada needs to diversify its economy.
Horsford says the state has relied for too long on boom-and-bust industries like gambling, construction and mining.
Horsford said during a panel discussion with Sparks Democratic Assemblywoman Debbie Smith and Tuscarora Republican Senator Dean Rhoads that reduced spending may bring the state budget shortfall down to about $1.5 billion.
But he says lawmakers will still need to find $1.5 billion in new revenue.