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Carson City Council withdraws refinery tax ballot measure, accepts $370M settlement

The agreement ends nearly a decade of litigation and provides $120 million upfront, with $250 million due over 15 years, officials said.

Summary by Press-Telegram
The City Council voted on Tuesday, Aug. 11, to rescind the Oil Refinery Tax ballot measure in exchange for a $370 million settlement.

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Press-Telegram broke the news in Long Beach, United States on Wednesday, August 12, 2026.
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