2005 Nevada Revised Statutes - Chapter 374A — Local Tax for Extraordinary Maintenance, Repair or Improvement of School Facilities
CHAPTER 374A - LOCAL TAX FOR EXTRAORDINARYMAINTENANCE, REPAIR OR IMPROVEMENT OF SCHOOL FACILITIES
NRS 374A.010 Impositionof tax in certain counties; rate of tax.
NRS 374A.020 Collectionand administration of tax; distribution and use of proceeds.
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NRS
1. A tax is hereby imposed on all retailers within acounty in which:
(a) The board of county commissioners of the county hasnot imposed the maximum rate of tax that it is authorized to impose pursuant toNRS 377B.100;
(b) The board of trustees of a county school districthas applied for a grant from the Fund to Assist School Districts in FinancingCapital Improvements pursuant to NRS387.3335; and
(c) The State Board of Examiners has approved theapplication by the board of trustees.
2. The rate of the tax imposed by subsection 1 is thedifference between:
(a) The rate of tax that the board of countycommissioners of the county has imposed pursuant to
(b) The maximum rate of tax that the board of countycommissioners of the county is authorized to impose pursuant to
but in noevent may the rate imposed by subsection 1 exceed one-eighth of 1 percent ofthe gross receipts of any retailer from the sale of all tangible personal propertysold at retail, or stored, used or otherwise consumed, in the county.
(Added to NRS by
NRS
1. The collection of the tax imposed by
2. The tax must be administered, collected anddistributed in the manner set forth in chapter 374of NRS.
3. The board of trustees of the school district shalltransfer the proceeds of the tax imposed by NRS374A.010 from the county school district fund to the fund described in
(Added to NRS by
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