Nevada lawmakers are considering a bill to earmark $1.8 billion for transferable film tax credits, aimed at diversifying the state’s economic system. This comes amid uncertainties surrounding federal Medicaid funding, with potential cuts that could lead to a revenue loss of $1.9 billion in the next two years. The proposal for film tax credits has sparked debate, particularly as it was discussed the same day as Medicaid cuts and amidst concerns about healthcare strain.
In another development, Nevada State Controller Andy Matthews is pushing for the creation of an Office of the Inspector General within his office, with a bill called AB33 receiving a hearing in the Assembly Committee on Government Affairs. This bill aims to empower the inspector general’s office to audit entities that receive state funds, addressing government waste, fraud, and abuse.
On a bipartisan note, lawmakers are working to end a disqualifier for people with past marijuana offenses from becoming foster parents, with a bill called AB107. This effort is aimed at addressing the shortage of foster care families in the state. These legislative actions highlight the diverse priorities and challenges being addressed in the Nevada Legislature, ranging from economic development to social welfare issues.
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