The governors of California and Nevada have announced an agreement to repeal Nevada's threat to quit the decades-old Lake Tahoe Compact.

 

California Governor Jerry Brown and Nevada Governor Brian Sandoval issued a joint statement today renewing their commitment to do what's best for "the environment and the economy of the Lake Tahoe region."

 

Under the agreement, amendments will be introduced to bills in the Nevada and California state legislatures that repeal Nevada's planned withdrawal from the Tahoe Regional Planning Compact in 2015… and California's proposal to re-establish a California Tahoe Regional Planning Agency in 2014.

 

The governors also agree to require consideration of economic conditions when assessing regional plans for the Tahoe Basin.