LAS VEGAS (AP) — The Nevada Supreme Court says a petition aimed at repealing the state's new commerce tax isn't fit for the ballot.
A high court order Wednesday says the summary of the petition's effect is inadequate because it doesn't tell voters the repeal could unbalance the state budget by tens of millions of dollars.
The ruling is a major setback for the RIP Commerce Tax group led by Republican Controller Ron Knecht, even though justices sided with tax opponents on some arguments.
It invalidates about 20,000 signatures the group had gathered over the past few months and would force them to start over in trying to reach the 55,000 signature threshold by June 21.
The new business tax was backed by Gov. Brian Sandoval and more than two-thirds of the Legislature.