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List of companies in line for Nevada’s ‘green’ tax breaks

AP

Thursday, May 3, 2007 | 1:32 a.m.

Here's a partial list of companies that may benefit from Nevada's "green" building tax break law that could be suspended by state legislators:

-MGM Mirage's $7 billion City Center project in Las Vegas. Lawmakers say $80 million in sales taxes on "green" product purchases could be avoided by MGM, and it's unclear whether those building materials were required to be purchased in Nevada.

-Patagonia in Reno qualified for a property tax break, under the law. According to Washoe County officials, the state authorized a 10-year abatement that will amount to $80,000 a year on a 171,000-square-foot expansion of the company's distribution center.

-The state Tax Commission also approved a possible tax break for a green building project by Fontainebleau Las Vegas, which is planning four projects that will cost about $1.5 billion to complete.

-Also approved by the commission were possible tax breaks for the Las Vegas Sands, the Molasky Corporate Center and the Echelon development proposed by Boyd Gaming Corp.

-Projects not yet approved but in line for tax breaks include: Wynn Encore, Palazzo Resort, Panorama Towers, World Jewelry Center and W Hotel, all in the Las Vegas area.

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