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CARSON CITY, Nev. (AP) — The first two bills designed to seal a deal to bring Tesla Motors' $5 billion battery factory to Nevada have sailed through the Assembly unanimously as one lawmaker called the project the biggest thing to hit the state since the Hoover Dam.
Lawmakers are optimistic the entire package worth up to $1.3 billion in tax credits and other incentives will clear both of the chambers controlled by Democrats and land on Republican Gov. Brian Sandoval's desk late Thursday or Friday.
In the Senate, several Democrats continued to object to Sandoval's plan to cut all but $10 million from an $80 million program the last Legislature approved providing tax credits to the motion picture industry. That $70 million combined with the $125 million from the home insurance office credit would offset a total of $195 million in Tesla tax credits.
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