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NRS 360.225 - Duty of Department to investigate eligibility for abatement, exemption or deferral of certain taxes; report to Office of Economic Development.

NV Rev Stat § 360.225 (2019) (N/A)
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1. During the course of an investigation undertaken pursuant to NRS 360.130 of a person claiming:

(a) A partial abatement of property taxes pursuant to NRS 361.0687;

(b) An exemption from taxes pursuant to NRS 363B.120;

(c) A deferral of the payment of taxes on the sale of eligible property pursuant to NRS 372.397 or 374.402;

(d) An abatement of taxes on the gross receipts from the sale, storage, use or other consumption of eligible machinery or equipment pursuant to NRS 374.357;

(e) A partial abatement of taxes pursuant to NRS 360.752 on or before June 30, 2023;

(f) A partial abatement of taxes pursuant to NRS 360.754 on or before December 31, 2056;

(g) A partial abatement of taxes pursuant to NRS 360.890 on or before June 30, 2032; or

(h) An abatement of taxes pursuant to NRS 360.950 on or before June 30, 2036,

the Department shall investigate whether the person meets the eligibility requirements for the abatement, partial abatement, exemption or deferral that the person is claiming.

2. If the Department finds that the person does not meet the eligibility requirements for the abatement, exemption or deferral which the person is claiming, the Department shall report its findings to the Office of Economic Development and take any other necessary actions.

(Added to by 1997, 3309; A 2003, 20th Special Session, 158; 2011, 3461; 2013, 2806; 2013, 27th Special Session, 7; 2014, 28th Special Session, 22; 2015, 3047; 2015, 29th Special Session, 31)

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NRS 360.230 - Duty of Department to investigate property escaping taxation and require placement on tax roll.