Economy
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With home prices accelerating faster in Las Vegas than in cities around the country, Gov. Steve Sisolak formally launched a plan to boost affordable housing in Nevada.
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WASHINGTON — Nevada will receive $89 million this year as part of a $20 billion allotment for public transit upgrades and improvements that were included in the bipartisan infrastructure law, administration officials said Wednesday.
Transportation Secretary Pete Buttigieg told reporters on a conference call that the $20 billion is the "largest investment in public transit in our nation's history."
Nevada Rep. Steven Horsford (D) introduced a bill that would provide a $300 monthly tax credit to offset historically high gas prices, his office announced on Wednesday.
It's called the Supporting Americans from Vehicle Energy Costs (SAVE) Act.
The Supporting Americans from Vehicle Energy Costs (SAVE) Act will:
⛽️ Provide a monthly refundable individual income tax credit of $300 for car owners
WASHINGTON, D.C. – Today, Congressman Steven Horsford (D-NV-04), a member of the Ways and Means Committee, introduced legislation to provide Americans with economic relief from exorbitantly high gas prices. The Supporting Americans from Vehicle Energy Costs (SAVE) Act would provide a $300 monthly tax credit for each registered private vehicle to help offset the costs consumers are paying at the pump.
WASHINGTON, D.C. – Today, Congressman Steven Horsford (D-NV-04) joined colleagues on the House Ways and Means Oversight Subcommittee for a hearing with IRS Commissioner Rettig on the 2022 Filing Season. During the hearing, Congressman Horsford questioned the Commissioner on soaring gas prices that are negatively impacting his constituents and what the IRS is doing to address this.
LAS VEGAS (KSNV) — Three members of Congress from Nevada have joined a push to raise the threshold for reporting winnings on casino slot machines.
U.S. Reps. Dina Titus, Steven Horsford and Mark Amodei, plus two other representatives from Pennsylvania and Maryland, have introduced the Shifting Limits on Thresholds, or SLOT, Act.
Currently, when a casino player wins $1,200 or more on a slot machine, the machine must be taken out of service temporarily and the player must fill out a W-2G tax reporting form, per federal regulation.
WASHINGTON, D.C. — Today, Congressman Steven Horsford (D-NV-04) issued the following statement in response to reports that the Senate is considering delaying a vote on the Build Back Better Act until January to focus on voting rights priorities.
In November 2021, Congressman Steven Horsford voted for the bipartisan passage of the Infrastructure Investment and Jobs Act, a landmark law that will invest more than $4 billion in Nevada to create good-paying union jobs, rebuild Nevada's economy, improve roads, public transportation, and water infrastructure, and expand access to high-speed internet.
As Nevada recovers from the pandemic, the Infrastructure Investment and Jobs Act will help to reduce inflation and lower costs for Nevada families by reducing supply chain backlogs and improving the flow of goods and services.