Resolution 2-2015 In Support of Governor Sandovals Business License Fee Proposal

Whereas, the Las Vegas Global Economic Alliance (LVGEA) board, at its February meeting unanimously supported the concept of Governor Sandovals education policies, outlined in his executive budget; and

Whereas, these programs will require a great deal of new revenue funding; and

Whereas, the LVGEA conducted studies on a number of funding proposals for new revenue streams, including:

- Expanding the State Sales Tax to Services

- Augmenting the Modified Business Tax, and

- Implementing the Governors Graduated Business License Fee program; and

Whereas, these studies revealed that the Graduated Business License Fee program has the potential to have the the smallest impact on the LVGEAs economic development efforts.

Now therefore, be it resolved by the Las Vegas Global Economic Alliance:

1. That the Board of Directors supports the Governors education policy priorities and endorses in concept Governor Sandovals Graduated Business License Fee proposal

2. That the Board of Directors expresses the desire to work with the Governor and the State Legislature to perfect the Graduated Business License Fee proposal

3. That this resolution does not preclude the endorsement of any compromise on taxes on business