Understanding and responding to the business and legal impacts of COVID-19

New Nevada Laws Driving Up Cost of Doing Business

January 27, 2020, Lincoln County Record, by Thomas Mitchell–

Thanks to the Democrat-controlled 2019 legislative session it is going to be more expensive to do business in Nevada this year and in years to come. The most expensive dictate from lawmakers takes effect July 1, when the first phase of Assembly Bill 456 kicks in raising the minimum wage in Nevada by 75 cents an hour. Currently, the minimum wage for those with health insurance coverage is $7.25 an hour and $8.25 an hour for those without health benefits. The minimums increase to $8 and $9 this year and another 75 cents an hour each year until they reach $11 and $12 in 2024.

Laura Jacobsen told the Appeal some businesses are likely to lay off workers and/or move key personnel into salaried positions. To read the entire article click here.


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