Silver State Times

Nevada's Democratic Governor Steve Sisolak has issued a statement about the $369 billion Inflation Reduction Act.

According to a news release, the proposed bill is now awaiting the signature of President Joe Biden to sign into law.

“I am thankful to see Congress put forward and pass this piece of legislation," Sisolak said in the release. "This bill will go a long way to fight inflation and help bring down costs for Nevadans – two key priorities that we are also working on in the Silver State. Additionally, the bill includes historic investments to address the climate crisis, which will bolster Nevada’s clean energy economy, bring down costs, invest in drought resilience and create jobs for Nevadans.”

Moreover, the act earmarks funds for climate change and energy advancements, along with $64 billion for the expansion of the Affordable Care Act and $4 billion for drought perseverance in Western states, both of which impact Nevada.

The bill would offer tax credits toward the purchase of electric vehicles, water conservation sources, enticements to facilitate clean energy development, and money to establish environmental fairness and justice in Nevada.

According to Sisolak: “It’s also great to see the expansion of Affordable Care Act subsidies and Medicare prescription drug pricing reform included in this transformative bill. I am grateful to Nevada’s federal delegation who voted this package forward, including Senators Jacky Rosen and Catherine Cortez Masto and Representatives Dina Titus, Steven Horsford and Susie Lee.”