A proposal to set up a film studio in Las Vegas in the Nevada Legislature Monday night as lawmakers refused to grant $95 million in annual subsidies.
Sony Pictures and Warner Bros. A bill that subsidized the project, AB 238, passed the state legislature last week, but died in the Senate on Monday night.
"People can't get there," said Senator Roberta Lange. "When we cut down on other important things, like housing, education and health care, it's hard to get to where people are willing to put a lot of money into new things. ”
Similar efforts failed in 2023. The Nevada Legislature meets every other year, so the next opportunity to move the project forward will not be until 2027.
Sony and Warner Bros. supported rival projects last fall. Sony supports the Summerlin proposal, which will be established by Howard Hughes Holdings. Warner Bros. is aligned with the UNLV proposal, which is planned to be a research campus in the Southwest Las Vegas region.
But in February, Warner Bros. switched sides and threw support behind Summerlin studio. AB 238, created by Councilwoman Sandra Jauregui, would have created an annual tax credit of $95 million that would be used for film and television productions at the facility. Another $25 million will support other works that are not related to the facility.
Lange continues to support the UNLV project, which works with Manhattan Beach Studios and Birtcher Development. Her bill of 220 did not vote in advance.
Jauregui's bill passed the conference on Friday with a narrow 22-20 vote. It needs to win the Senate pass by midnight on Monday, but it is not occupied. In the closing ceremony of the meeting, Lange provided an amendment that required economic research on the issue. That didn't get a vote either.
Lange told type. “We have to do a study to see what we can do is suitable for our country and move forward.”
The competition between the two studio projects did not help. From the outset, stakeholders are clear that at most only one will win recognition.
Lange said she spoke with Republican Gov. Joe Lombardo on Monday night, who doesn't commission the issue and focuses more on winning his own priorities.
A Howard Hughes spokesman said the company was "disappointed by the results".
"Our program is a huge opportunity for the best interests of all Nevadans, creating thousands of jobs when Nevada needs it most," a spokesperson said.