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Nevada Lawmakers Approve Tax Incentives To Bring $5 Billion Tesla Battery Factory To State

Thursday, September 11, 2014 | Sacramento, CA
Cathleen Allison / AP

Nevada Senators Joe Hardy, R-Boulder City, and Barbara Cegavske, R-Las Vegas, react to their final vote during the second day of a special session at the Nevada Legislature, in Carson City, on Thursday, Sept. 11, 2014.

Cathleen Allison / AP

(AP) — The Nevada Legislature has approved an unprecedented package of incentives to bring Tesla Motors' $5 billion battery factory to the state.

Aides to Republican Gov. Brian Sandoval say he's expected to sign the package of tax credits and other incentives worth up to $1.3 billion late Thursday.

0911-tesla-gigafactory-r

The Senate passed the bill with the largest tax abatements to the Assembly on a 21-0 vote. Final passage followed in the Assembly, which sent it to the governor on a vote of 39-0.

The electric car maker's "gigafactory" east of Sparks is expected to produce up to 22,000 jobs and inject up to $100 billion in Nevada's economy over the next 20 years.

Sparks Assemblyman Ira Hansen says it's the biggest thing to hit Nevada since the building of the Hoover Dam during the Great Depression.


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  • Ky Plaskon / Capital Public Radio

    Nevada Legislature Working Through Incentive Bills To Benefit Tesla Factory Proposal

    Thursday, September 11, 2014
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    Nevada Legislature Considers Tesla Incentives In Special Session

    Wednesday, September 10, 2014
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    Nevada, Tesla Reach Agreement On Tax Breaks For A Battery Plant Near Reno

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    Nevada Offers Tesla Up To $1.3B For Battery Plant

    Thursday, September 4, 2014
    Nevada Gov. Brian Sandoval is asking state legislators to approve tax breaks and other incentives worth up to $1.3 billion over 20 years to bring Tesla Motors' battery factory to the state.

 nevadaTeslaincentivespecial session

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