MINUTES OF THE 
	SENATE COMMITTEE ON TAXATION

	Sixty-eighth Session
	June 29, 1995


The Senate Committee on Taxation was called to order by Chairman 
Sue Lowden, at  6:00 p.m., on Thursday, June 29, 1995, on the 
Senate floor of the Legislative Building, Carson City, Nevada.  
There was no Agenda.  There was no Attendance Roster.

COMMITTEE MEMBERS PRESENT:

Senator Sue Lowden, Chairman
Senator Kathy M. Augustine, Vice Chairman
Senator Dean A. Rhoads
Senator John B. (Jack) Regan
Senator Ernest E. Adler

COMMITTEE MEMBERS ABSENT:

Senator Ann O'Connell
Senator Randolph J. Townsend

GUEST LEGISLATORS PRESENT:

Senator Jon Porter

STAFF MEMBERS PRESENT:

Kevin Welsh, Deputy Fiscal Analyst
Joan Thran, Committee Secretary

Senator Lowden started discussion of Amendment No. 1410 to Assembly 
Bill (A.B.) 656.

ASSEMBLY BILL 656:	Extends exemption from taxation for veterans of 
Persian Gulf Crisis to all veterans who served 
on active duty during crisis.

Senator Lowden stated the veterans from the Persian Gulf Crisis had 
been left out of  A.B. 656.  General discussion followed.


SENATOR REGAN MOVED TO AMEND AND DO PASS A.B. 656 WITH 
AMENDMENT  NO. 1410.

SENATOR ADLER SECONDED THE MOTION.

THE MOTION CARRIED.  (SENATORS O'CONNELL AND TOWNSEND WERE 
ABSENT FOR THE VOTE.)

	*****

Senator Lowden began discussion on Assembly Bill (A.B.) 672 and 
asked Senator Jon Porter to discuss the property tax exemption 
allowed in A.B. 672.

ASSEMBLY BILL 672:	Exempts certain property from taxation.

Senator Porter explained that A.B. 672 would allow a church to 
lease the building to the community college for the sum of $1.00 a 
year, which is .10 percent of the market value of $1.5 million. 
There would be tax exemption  for no more than 3 consecutive years. 

SENATOR AUGUSTINE MOVE TO DO PASS A.B. 672.

SENATOR REGAN SECONDED THE MOTION.

THE MOTION CARRIED UNANIMOUSLY.

	*****
 	











Senator Lowden adjourned the meeting at 6:05 p.m.

RESPECTFULLY SUBMITTED:


                         
                     								Joan 
Thran
Committee Secretary




APPROVED BY:


                                                      
Senator Sue Lowden, Chairman


DATE:                                             
 

Senate Committee on Taxation
June 29, 1995
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