Quantcast
Home manage Las Vegas Review-Journal
  Jobs Cars Homes Shopping Travel Weddings Golf Best of Las Vegas Photo   Search:

RECENT EDITIONS
Thu Fri Sat Sun Mon Tue Wed

sponsored by
Business


Former state official submits two petitions for room tax allocation

CARSON CITY -- Former state Treasurer Bob Seale filed two petitions Friday that would give voters an opportunity to decide whether to use money raised by room taxes to fund public education or pay for public safety improvements.

Seale said he filed the petitions with the secretary of state's office because they would pay for needed improvements without raising taxes, not because he wants to grab revenue now going to support the Las Vegas Convention and Visitors Authority.


Most Popular Stories
  • BEST PLACES TO WORK: The readers have voted: These Southern Nevada companies know how to keep workers happy
  • REAL ESTATE: Homebuilders hunt for land
  • INSIDE GAMING: Sanitizing slots, cards a priority for casinos
  • Home sales, median prices rise in valley
  • TIVOLI VILLAGE: Work intensifies at mixed-use center, with first phase to open in December 2010
  • MARKETPLACE: Herbst Gaming reduces staff
  • NEVADA ECONOMY: State showing some life at last
  • NEVADAN AT WORK: Twenty-year veteran of openings prepares for CityCenter
  • Pinnacle CEO resigns
  • Michigan resident is youngest to win World Series of Poker Main Event




  • "It doesn't take away any money that already exists, but only takes future increases," said Seale, a former assemblyman and state Republican Party chairman.

    Under his plan, the convention authority would receive its current allocation of slightly more than $200 million per year, plus annual increases to cover inflation.

    Any funds above that amount would be forwarded to the state's distributive school fund under one petition, or to pay for public safety improvements under the other.

    The shift would only apply to room taxes in Clark County.

    "I think in these economic times it doesn't make any sense to raise taxes when there is a way to do it that doesn't require them," Seale said.

    To qualify for the November election ballot, Seale needs to secure 58,836 valid signatures for each petition by May 20.

    Since the petitions would amend the state constitution, voters must approve them in November and again in 2010 before they could go into effect.

    Convention authority spokesman Vince Alberta offered no comments on the petitions.

    "We are aware they have been filed and reserve any comments until we review and analyze them," he said.

    Seale said the petitions represent his thinking and not that of the Las Vegas Sands Corp., which owns The Venetian, Palazzo and the Sands Expo and Convention Center.

    The company's executives long have objected to room taxes funding the convention authority, which competes with the gaming company for convention business.

    Reports surfaced in May that the Sands was behind Gov. Jim Gibbons' plan before the Legislature that would have raised $2.5 billion to construct roads. That plan included taking more than $50 million a year in room taxes going to the convention authority.

    Like Seale's proposal, the governor's plan would have allowed the convention authority to keep its current allocation and earmarked future increases to highway construction.

    Convention authority representatives maintained that proposal would prevent them from paying the debt service on an existing $680 million loan to renovate the convention center.

    Gibbons backed off from his initial plan and the convention authority eventually agreed to pay $20 million a year in room taxes as part of a $1 billion state road building plan. During the legislative debate on the room tax plan, state officials released reports that showed the amount of revenue available for highway construction could reach $200 million in 15 years.

    Seale said his plan would have the same effect -- not much money would be available for a few years, but then revenues would increase dramatically as additional hotel rooms are opened in Las Vegas.

    Contact Capital Bureau Chief Ed Vogel at evogel@reviewjournal.com or (775) 687-3901.

    Newsvine Digg Fark Technorati reddit StumbleUpon del.icio.us Slashdot Propeller Mixx Furl Twitter MySpace Facebook Google Bookmarks Yahoo! Bookmarks Windows Live Favorites Ask MyStuff myAOL Favorites

    Leave Your Comment 1 Reader Comments
    Terms & Conditions
    The following comments are provided by readers and are the sole responsiblity of the authors. The reviewjournal.com does not review comments before publication nor guarantee their accuracy. By publishing a comment here you agree to abide by the comment policy. If you see a comment that violates the policy, please notify the web editor.

    Some comments may not display immediately due to an automatic filter. These comments will be reviewed within 48 hours. Please do not submit a comment more than once.
    Current Word Count:

    Note: Comments made by reporters and editors of the Las Vegas Review-Journal are presented with a yellow background.

    Report abuse

    John Galt wrote on March 01, 2008 08:36 AM:

























    Why is this applicable only to Clark County? It is time for Clark County residents to recognize there is more to the state than just Las Vegas!