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Nevada Assembly Passes Compromise Green Building Tax Bill

Pursuant to Governor Jim Gibbons’ executive order, issued a couple of weeks ago, the Nevada State Assembly unanimously passed AB621 on Saturday. The legislation will halve the financial hit on state coffers from Nevada’s green building property tax abatement program by reducing the maximum abatement to thirty-five percent. The abatement will now only be applicable […]

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Nevada Governor Vetoes Bill Suspending Green Property Tax Abatement Program

On Monday, Nevada Governor Jim Gibbons (R) vetoed SB567, which legislators passed earlier this month to suspend the state’s green building property tax abatement program. Gibbons simultaneously issued an executive order directing state lawmakers to create a new program before the end of their session on June 4. Gibbons commented that his veto was grounded […]

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Green Building Incentives Just a Mirage? Nevada Suspends Property Tax Abatement Program

I discussed Nevada’s green building property tax abatement in a post last week, but on Wednesday the state Senate suspended the program, citing a $110 million revenue shortfall through fiscal 2009. While only one building (the Patagonia Distribution Center) has received the abatement, sixty-seven Nevada developments, including two billion dollar projects in Las Vegas (the […]

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Napa Valley Hotel Demonstrates Dangers to Developers Posed by LEED Creep

In the wake of the D.C. Council passing significant LEED legislation last week, there’s been substantial commentary about how positive the bill is for green building at large. While I agree that the legislation is certainly a step in the right direction, a recent post I wrote about the D.C. mandate describes what the BD+C […]

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