Question 1 would amend the Nevada Constitution to allow the state to invest money in a company or corporation to foster economic diversification or the development of high-quality jobs in the state. The constitution currently prohibits such investment except to corporations formed for educational and charitable purposes. Question 1, authorized by the state Legislature, would allow such investments, but only with a two-thirds vote in both houses and with the support of the governor.
Supporters say the change is needed to attract new business and diversify the economy.
The question does not specify which types of business would be targeted. Opponents argue that Nevada should not use tax dollars for investment in private companies. The proposal does not require that any such investment be made. It only permits the Legislature to consider such proposals. Question 2, which was placed on the ballot through the petition process by the Coalition for the Protection of Marriage, would place the definition of marriage as being between a man and a woman into the state constitution.