Despite questions from state lawmakers about the costs and benefits of a $1.3 billion tax incentive package proposed by Gov. Brian Sandoval to bring Tesla to Nevada, 4 bills to make it happen won unanimous approval at the meeting.
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The Nevada Legislature launched a special session just before 1 p.m. today to consider Gov. Brian Sandoval’s deal with electric car company Tesla to build a $5 billion battery factory in Nevada in exchange for a generous package of tax breaks that will essentially allow the company to operate tax free for nearly a decade.
Gov. Brian Sandoval will ask state lawmakers next week to approve a deal to bring a Tesla battery plant to Nevada that will result in essentially no taxes being collected from the electric car manufacturer for nearly a decade.