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The Nevada Independent

Derek Armstrong

Assembly Majority Floor Leader Teresa Benitez-Thompson, right, speaks with Deputy Minority Whip Robin Titus, on Friday, July 31, 2020 during the first day of the 32nd Special Session of the Legislature in Carson City.

Proposed economic development overhaul calls for affordable housing investment, limits on abatements

AB449, sponsored by Assemblywoman Teresa Benitez-Thompson (D-Reno), would place the office under stricter oversight, shift the focus of the office to championing “mom and pop” businesses and generate more funding for affordable housing by requiring that businesses receiving tax incentives make payments into a state fund for affordable housing.

A sign for an Amazon distribution center, including the company's logo

Nevada gave millions in tax incentives to businesses with many employees on Medicaid

In 2018, the state reported that 1,024 of the company’s employees were earning full-time wages and 1,116 of their dependents were on Medicaid — the state-run health insurance program for low-income Nevadans — at a cost of upwards of $5.7 million a year to taxpayers. (Those numbers include any employees who worked full-time for Sutherland as well as those who made the equivalent of full-time wages but may have split their time between Sutherland and another company.)

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