The Senate Committee on Taxation was called to order by Chairman Mike McGinness, at 11:28 AM, on Monday, March 22, 1999, on the Senate Floor of the Legislative Building, Carson City, Nevada. There was no Agenda. There was no Attendance Roster.

COMMITTEE MEMBERS PRESENT:

Senator Mike McGinness, Chairman

Senator Randolph J. Townsend

Senator Ann O’Connell

Senator Joseph M. Neal Jr.

Senator Bob Coffin

Senator Michael Schneider

COMMITTEE MEMBERS ABSENT:

Senator Dean A. Rhoads, Vice Chairman (Excused)

STAFF MEMBERS PRESENT:

Mavis Scarff, Committee Secretary

Chairman McGinness requested a motion for introduction of bill draft requests (BDRs).

BILL DRAFT REQUEST 32-1661: Revises provisions governing exemption of works of fine art from certain taxes. (Later introduced as Senate Bill 521.)

BILL DRAFT REQUEST 32-1670: Requires strict construction of certain provisions governing imposition of sales and use taxes. (Later introduced as Senate Bill 522.)

BILL DRAFT REQUEST 32-523: Exempts local government from paying delinquent taxes on certain property acquired for use as open-space real property. (Later introduced as Senate Bill 523.)

BILL DRAFT REQUEST 32-667: Phases out depreciation on improvements and mobile homes for purposes of determining assessed valuation for levy of property taxes and authorizes certain compensatory payments for taxpayers with lower incomes. (Later introduced as Senate Bill 524.)

BILL DRAFT REQUEST S-679: Authorizes governing body of City of Mesquite to impose additional tax on rental of transient lodging for construction and maintenance of airport. (Later introduced as Senate Bill 525.)

RESPECTFULLY SUBMITTED:

Mavis Scarff,

Committee Secretary

APPROVED BY:

Senator Mike McGinness, Chairman

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