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Mining Tax Proposal Falls 1 Vote Short In Special Session

CARSON CITY, Nev. (AP) — After a week of mostly behind-the-scenes discussions, the Nevada Legislature's emergency special session grew contentious Thursday during late-night sparring over a proposal to cap tax deductions for mining businesses that stalled hours after it was introduced.

The bill was the first substantial revenue proposal put forth during the nine-day special legislative session and fell one vote short of passing through the state Senate, where a two-thirds majority is needed to increase taxes.

Lawmakers continue to look for ways to stem a projected $1.2 billion revenue shortfall that has stemmed from the ongoing coronavirus pandemic.