NV Hotel-Casino Industry's Contribution to State General Fund Revenues - FY 2016

General Fund Revenue Source* Total Collections Hotel-Casino
Industry Contributions
Hotel-Casino
Industry as a
Percent of Total
Branch Bank Excise Tax $2,786,429 $0 0.0%
Business License Fee $103,045,619 $9,171,060 8.9%
Business License Tax (Phased Out) $243 $0 0.0%
Cigarette Tax $153,033,176 $26,100,567 17.1%
Commerce Tax $143,507,593 $27,099,213 18.9%
Gaming Taxes $708,670,149 $708,670,149 100.0%
Governmental Services Tax $66,731,895 $31,630,918 45.0%
HECC Transfer (Higher Education Capital Fund) $5,000,000 $5,000,000 100.0%
Insurance Taxes $310,223,028 $32,039,113 10.3%
Liquor Tax $43,944,413 $17,085,553 38.9%
Live Entertainment Tax $128,530,966 $111,682,171 86.9%
Mining Taxes and Fees  $34,743,566 $0 0.0%
Modified Business Tax (MBT) – Financial $27,188,910 $0 0.0%
Modified Business Tax (MBT) – Mining $21,938,368 $0 0.0%
Modified Business Tax (MBT) – Nonfinancial [a] $512,651,073 $107,948,531 21.1%
Other Tobacco Tax $13,131,919 $2,239,714 17.1%
Passenger Carrier Excise Tax $11,898,532 $4,164,486 35.0%
Real Property Transfer Tax [b] $75,794,844 $0 0.0%
Sales and Use Tax $1,077,003,772 $348,886,914 32.4%
Total Tax Revenue $3,439,824,495 $1,431,718,390 41.6%
Other Revenue $254,018,292 $44,003,622 17.3%
Total $3,693,842,787 $1,475,722,012 40.0%

*Note: Reflects collections within the Nevada general fund and excludes taxes, fees and other charges that inure to the benefit of other state and local municipalities; [1] The modified business tax is a tax on gross payroll, less a deduction for employer-provided health care coverage. Because the hotel-casino industry provides such a significant share of these benefits to its employees, the industry’s share of modified business tax collections is lower than its share of employees; [2] Assumed to be zero due to a lack of available data; Sources: Economic Forum; LVCVA; Nevada Gaming Control Board, Quarterly Statistical Report; Department of Taxation and Applied Analysis