Progressive Property Tax Proposal Advances

The Las Vegas Sun reports that Nevada lawmakers are considering a bill that would expand the state's property tax credit for low-income seniors. The bill, SB 179, was introduced by Sen. Dina Titus. Under current law, seniors with incomes under $26,000 or so (an amount that is indexed annually for inflation) can get a property tax credit of up to $500. Titus' bill would double the maximum credit to $1,000.

Growing uncertainty over the state's fiscal health is prompting Nevada lawmakers to question a variety of tax breaks that are currently being doled out. But most Nevadans would presumably agree that if property tax cuts are necessary and affordable, then low-income seniors should be first in line. And that's exactly who would benefit from passing SB 179.