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Expect legal challenge to business margin tax initiative petition

By   /   June 6, 2012  /   News  /   1 Comment

By Sean Whaley | Nevada News Bureau

Lynn Warne, president of the Nevada State Education Association.

CARSON CITY — A business margin tax initiative petition filed with the Secretary of State’s Office won’t see signature gathering efforts start right away because a legal challenge to the proposal is expected, a teachers union official said today.

But Lynn Warne, president of the Nevada State Education Association, who filed the petition to establish the tax that would bring in $800 million a year from large Nevada corporations, said it is expected to withstand any legal scrutiny. The language has been vetted by several attorneys, including association attorney James Penrose, she said.

“We usually go through about a month looking for any kind of legal challenges,” Warne said. “We expect that there will be some coming.”

Even with delays due to legal efforts to derail the proposal, there will be no difficulty in collecting more than enough signatures from registered voters by November to put the proposal to the Legislature in 2013, she said. The Legislature has 40 days to approve the proposal or it goes to the voters in 2014.

Read the full story at the Nevada News Bureau.