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Why not incentivize housing instead of Hollywood? | Pat Hickey

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Why not incentivize housing instead of Hollywood? | Pat Hickey


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Recently, two headlines caught my eye. The first: Nevada plans to roll out the Hollywood red carpet with public tax breaks for private studio companies — Sony Pictures and Warner Bros. The other: The University of Nevada, Reno plans a new 400-unit public-private apartment complex near campus for faculty, staff and students.

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Both proposals utilize tax-credit financing to incentivize businesses to meet Nevada’s needs.

To my mind, if it becomes a question of what is our most pressing priority, I would pick an affordable supply of homes for our Nevada towns over the lure of Tinseltown coming to our southern desert.

When I think of the future of a Nevada film industry, I don’t see it becoming a blockbuster. Gone is the glamour and dream-like entity that once was embodied by Hollywood. A successful sequel to the magic of movie-making success seems unlikely — whether it’s located in Studio City, California, or Summerlin, Nevada.

The curtain appears have come down on that once glorious period. Like the end of the the Old South’s saga in Hollywood’s “Gone with the Wind,” a bygone era of mystique and dominance is likely no more. 

The slow death of cinemas

Hollywood was once the symbol of creative genius. Movies served as the vehicle for global storytelling. It was the place where human’s dreams were brought to life. Films in local movie theaters were once the crown jewel of the film industry. It’s hardly the case these days.

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For me, it’s partly because the two cinemas where Shin and I used to spend Friday nights — dinner and a movie — are now shuttered. Reno’s downtown Riverside Theatre and Lake Tahoe’s Heavenly Cinema have both closed amid declining ticket sales, increased competition from streaming services and changing consumer habits, such as favoring movies at home. More than 1,000 U.S. theater screens have closed since 2019, and total box-office revenue remains well below pre-pandemic levels.

Hollywood’s demise has a lot to do with what has appeared on movie screens in recent times. Instead of creative, bigger-than-life sagas of the human spirit in all its varied forms — in war, peace, romance and even crime — today’s Hollywood films typically rely upon remakes, sequels and prequels of past glories, computer-generated comic book super heroes extravaganzas or horror flicks designed to frighten, or simply disgust. Call me old-fashioned. The fact is, this once avid filmgoer has become just plain disinterested. Many of my younger friends seem much the same, for their own reasons.

Even famed Oscar-winning Hollywood film director Martin Scorsese has soured on all the comic book super-hero types now frequently served-up by today’s bottom-line studios. In an interview with GQ Magazine, Scorsese says, “Superhero movies are “not cinema,” comparing them to theme parks rather than the art form of human emotion and psychological experience. He argues that they prioritize spectacle and commercial interests over artistic expression and that Hollywood’s financial dominance by these “franchise pictures” is pushing other types of films to the margins. The Oscar-winning director went on to say: “Theaters have become amusement parks.”

The last time I checked — some of those theme parks are closing as well.

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Is a Nevada film industry a good investment?

In a recent Wall Street Journal story titled “L.A.’s Entertainment Economy Is Looking Like a Disaster Movie,” the newspaper reports: “The entertainment industry is in a downward spiral… Work is evaporating, businesses are closing, longtime residents are leaving and the heart of L.A.’s creative middle class is hanging on by a thread. Hollywood’s downturn has rippled through the region’s economy.”

Which is why some Nevadans believe luring struggling Hollywood film studios here could be a wise pursuit. As reported by The Nevada Independent, a PAC funded with $1 million by a coalition of building trades unions is preparing “to spend big to shape public and legislative opinion to pave the way for film tax legislation” if a special session is convened by the governor.

Incentives to motivate companies to relocate to Nevada have always been a tax tool in the state’s arsenal. A low-tax, limited-regulatory business environment has benefitted Nevada’s growth spurts throughout its history.

Transferable tax credits were a device to bring the Teslas of the world to Nevada. Acting like coupons that could be sold to other companies to help offset a company’s initial investment, they’ve worked effectively to attract major new industries and sports franchises to Nevada — even though libertarian organizations like the Nevada Policy Research Institute have consistently opposed having government “pick winners and losers.” Pick we did in the case of Tesla, and overall, I believe Nevada ended up a winner with the electric-vehicle company that helped usher the state into the era of advanced manufacturing.

I’m not so sure bringing Hollywood studios here would yield the same return on investment. Beyond the turmoil in California’s film industry, other states — such as New York and Georgia, with far larger economies and infrastructure, and nearby New Mexico and Utah — are already far ahead of Nevada in attracting films to be made outside of Hollywood.

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While I support the livelihoods of construction workers — whose well-being is tied to the state’s overall health and the ancillary benefits of growth and development — I believe there are more pressing needs and far better opportunities for Nevada than becoming another annex for an on-the-ropes Hollywood.

Why not incentivize housing instead of Hollywood?

Two times, movie studio executives have tried to pass legislation to expand Nevada’s film tax credit program. They hope a Special Session, expected to be called soon, may be their third-time charm.

Should the public, through its elected representatives from both political parties, fail to get on board with the latest “central casting” call from Hollywood executives, I’d recommend another way to get creative.

Like UNR just did.

The national housing crisis manifests in many forms, but most impactful is the severe shortage of affordable housing units. State and local municipalities are increasingly taking action to build and preserve affordable housing. Localities can deploy a wide range of tools and investments: tax abatements and exemptions, tax increment financing, payments in lieu of taxes, public land contributions, low-interest rate loans, voucher deployment and more.

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Instead of $1.4 billion over the next 15 years in tax credits for a film studio complex and related businesses, why not use those potential transferable tax credits as an economic development tool to help finance and provide a source of equity to fund construction of housing or rehabilitation for affordable housing for key segments of the economy, such as teachers, medical professionals and seniors. Large industrial partners like Tesla could be incentivized or make good on the “housing and infrastructure” promise Elon Musk made to the region and his own employees.

Better we do things for Nevadans who are already here than for those we hope to migrate here from Los Angeles.

Legendary Hollywood filmmaker Frank Capra (“It’s a Wonderful Life”), once said, “Only the daring should make films. Only the morally courageous are worthy of speaking to their fellow men for two hours, and in the dark”.

Nevada could use a little of that daring and courage. Hollywood may not be the answer. But the housing needs of many of our own families certainly are.

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Your thoughts? At: tahoeboy68@gmail.com.

“Memo from the Middle” is an opinion column written by RGJ columnist Pat Hickey, a member of the Nevada Legislature from 1996 to 2016. 



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Nevada

Nevada Day gift shop has a new home

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Nevada Day gift shop has a new home


CARSON CITY, Nev. (KOLO) – The Nevada Day Store has officially reopened in a new location, offering visitors a fresh space to gear up for one of the state’s most iconic traditions.

Now located at 508 N. Curry Street, Carson City, the shop features a refreshed layout and an expanded selection of Nevada-themed merchandise, locally crafted goods, and festive holiday items. Shoppers will find everything from parade memorabilia and state pride apparel to unique gifts from Nevada artisans.

The store plays a key role each year in supporting Nevada Day events, with proceeds helping fund festivities and parade operations. Organizers hope the new location will make it even easier for residents and visitors to stop in, shop local, and show their Nevada pride.

The Nevada Day Store is now open during its regular hours, Monday – Saturday 11:00am to 4:00pm. You can find more information on the Nevada Day Gift Shop by visiting www.nevadaday.com/

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Nevada

A crack in Nevada’s ban on red-light cameras

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A crack in Nevada’s ban on red-light cameras


LAS VEGAS (KTNV) — If you’ve driven on the streets of Las Vegas, you’ve seen people running red lights.

Whether it’s impairment, impatience or insolence, failing to stop has had real consequences, and sometimes deadly ones.

That’s one of the reasons a viewer named Nicole wrote to us to ask why Nevada doesn’t use red-light cameras, which snap a picture of scofflaws and send them a ticket in the mail.

It’s a common question, one that’s been asked many times, by locals and lawmakers alike.

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Here’s the story:

Back in 1999, automated traffic cameras were banned in Nevada. Legislative committee minutes from that year show then-state Sen. Mark James, R-Clark County, warning about Big Brother.

“He urged the [Senate Transportation] committee to be careful to not set us on a path of compromising the civil liberties of our citizens,” the minutes read. “Senator James then stressed the need to recognize possible consequences to our actions if they, as legislators, were to permit law enforcement to infringe on our rights.”

James’s arguments carried the day, and the law he backed has remained undisturbed for a quarter century.

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But not for lack of trying.

Lawmakers have considered bills to create exceptions or repeal the ban on automated traffic cameras no fewer than 11 times in the years since it was put in place.

Each time, the bill has failed to pass both houses of the Legislature, even when circumscribed to apply only to school zones, construction zones or railroad crossings. Restrictions, including requiring an officer to review each photo before a ticket is sent — and limiting the fine to between $50 and $100 — have failed to sway lawmakers in libertarian Nevada.

Until this year, that is.

In the 2025 Legislature, three bills were introduced. One would have allowed the cameras in construction zones, where workers face dangerous conditions, especially on freeways. Another would have allowed cameras in areas where traditional law enforcement methods have failed.

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Both those bills were rejected, although the construction-zone bill passed the Assembly and made it to the Senate floor before dying.

Clark County Sheriff Kevin McMahill, who strongly supported the red-light camera bill in testimony before lawmakers, admitted he fell short in his October speech announcing his bid for re-election.

“And listen, I will fully admit to you that I went up to the Legislature this last session and testified in front of them on red-light cameras, and I literally got laughed out of the building,” McMahill said. “I don’t deny that. But what I will also tell you is that I’ll be back again next time. I’m going to come back with a better plan. And I’m going to continue to ask those other elected officials to have some level of responsibility for the ways people are dying in our community.”

But one bill carving out an exception to the ban did pass the Legislature: Assembly Bill 527 will allow cameras to be mounted on school buses, to catch people who speed by when red lights are flashing.

The Clark County School District said Monday that it is in the process of hiring a vendor to install the cameras, and expects to present a proposal to the board of trustees in January.

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So while red light cameras won’t be used on Las Vegas streets, on freeways, in school zones or at railroad crossings, they will be used on buses starting next year, the first exception to the camera ban in decades.





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Nevada

Traffic task force launches to improve Southern Nevada road safety

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Traffic task force launches to improve Southern Nevada road safety


Law enforcement agencies are teaming up to make the roads safer in Southern Nevada.

Multiple departments on Monday announced the formation of a new Southern Nevada Traffic Task Force.

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The Las Vegas Metropolitan Police Department, Nevada State Police Highway Patrol Division, North Las Vegas Police Department, Henderson Police Department, Clark County School District Police Department and the Boulder City Police Department are all involved.



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