Culinary Union backs statewide rent caps after concept falters in North Las Vegas

Culinary Union backs statewide rent caps after concept falters in North Las Vegas

Article brief provided by The Nevada Independent
  • Tabitha Mueller, The Nevada Independent
April 11, 2023 7:06 PM
  • Tabitha Mueller, The Nevada Independent

After a failed North Las Vegas rent control ballot initiative, the politically powerful Culinary Union vowed to bring the discussion about capping rents to the Legislature.

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They fulfilled that promise on Friday with a hearing for SB426.

The measure, sponsored by Sen. Pat Spearman (D-North Las Vegas), would tie rent increases to the annual cost of living or the Consumer Price Index increase for the region, ensuring they do not exceed 5 percent and requiring a 90-day notice for rent increases given to existing tenants.

“It is our responsibility as leaders to come together and find a solution to keep rents at a reasonable cost so that all Nevada residents have the opportunity to thrive,” Spearman said during the Friday hearing.