Economic Development Incentives

Nevada lawmakers narrowly failed to pass a union‑backed proposal offering $95 million in annual transferable tax credits to Sony Pictures Entertainment and Warner Bros. Discovery for the proposed Summerlin Studios complex near Las Vegas, as a seven‑day special session concluded Nov. 19, 2025. The measure fell one vote short in the state Senate amid fiscal concerns and three GOP absences, despite supporters’ claims of tens of thousands of construction and permanent jobs.