to answer the question of the Senator from New Mexico: As he just mentioned, three-quarters of a million New Mexicans will be affected by this legislation. As I said earlier, 1.3 million Nevadans will be affected. I think we have 3 million, so roughly half of Nevadans are going to be affected by this excise tax--a 40-percent excise tax. Fortunately, through Senator Heinrich's hard work and our efforts here on this floor, again, I repeat, we passed this legislation 90 to 10. I think it bears heavily on the hard work my friend from New Mexico did to get this in front of this Chamber. As we can imagine, if 1.3 million Nevadans are affected by this, you will hear from all of them. You do. You hear from all of them. I have heard from large companies, I have heard from small businesses, and I have heard from health care employees such as hospitals and the American Cancer Society. Organized labor in Nevada has contacted my office, as have senior citizens throughout my State. They are all saying the same thing. They are saying: The Cadillac tax needs to be fully repealed or our employees will experience massive changes to their health care. I think that bears repeating. The Cadillac tax needs to be fully repealed or our employees will experience massive changes to their health care. Large employers who negotiate multiyear contracts are seeing this tax come up quickly for 2018. Yes, this tax goes into effect in the year 2018.…
On the recordDecember 9, 2015
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