The Assembly Taxation Committee finished discussing Assembly Bill 46 around 4pm Tuesday. So far, there haven't been any major objections to passing it.
AB 46 would raise sales taxes in Washoe County by one quarter of a percent.
And it would increase property taxes by five cents for every $100 of a home's assessed value.
Washoe County School District estimates that would cost the average household about $8 more per month.
They say it will raise about $20 million every year for improvements in area schools.
"We know that the economy is still fragile. We know that people are still struggling. But we know right now we have no other choice. These are things that we have to fix right now and we want to be proactive in investing in our buildings."
The money would go toward making capital improvements at the district's schools that includes fixing heating and air systems, repairing old fixtures and replacing roofing and flooring.
Superintendent Pedro Martinez says there are more than $500 million in needed repairs across Washoe County.
Backers of the bill say this funding is greatly needed.
"We have older schools in this district and they are in need of renovation and repair and we don't have a funding source for that," says Sen. Debbie Smith (D).
An amendment just proposed would enable the school district board of trustees to at any time request this kind of tax increase from county commissioners.
The school district was using a rollover bond to fund capital improvements but that expired last fall.
If this bill doesn't pass-- Washoe County could use money from its general fund. However, they say that is a last resort because it would take money away from educating the students.
You'll remember - Nevada is already near the bottom in per-pupil funding.
To pass, AB 46 will have to make it out of committee and then pass both the Assembly and Senate before the end of the session.
Written by Arianna Bennett