USA Statutes : nevada
Title : Title 32 - REVENUE AND TAXATION
Chapter : CHAPTER 374A - LOCAL TAX FOR EXTRAORDINARY MAINTENANCE, REPAIR OR IMPROVEMENT OF SCHOOL FACILITIES


      1.  A tax is hereby imposed on all retailers within a county in
which:

      (a) The board of county commissioners of the county has not imposed
the maximum rate of tax that it is authorized to impose pursuant to NRS
377B.100 ;

      (b) The board of trustees of a county school district has applied
for a grant from the Fund to Assist School Districts in Financing Capital
Improvements pursuant to NRS 387.3335 ;
and

      (c) The State Board of Examiners has approved the application by
the board of trustees.

      2.  The rate of the tax imposed by subsection 1 is the difference
between:

      (a) The rate of tax that the board of county commissioners of the
county has imposed pursuant to NRS 377B.100 ; and

      (b) The maximum rate of tax that the board of county commissioners
of the county is authorized to impose pursuant to NRS 377B.100 ,

Ê but in no event may the rate imposed by subsection 1 exceed one-eighth
of 1 percent of the gross receipts of any retailer from the sale of all
tangible personal property sold at retail, or stored, used or otherwise
consumed, in the county.

      (Added to NRS by 1999, 3221 )


      1.  The collection of the tax imposed by NRS 374A.010 must be commenced on the first day of the
first calendar quarter that begins at least 120 days after the last
condition in subsection 1 of NRS 374A.010 is met.

      2.  The tax must be administered, collected and distributed in the
manner set forth in chapter 374 of NRS.

      3.  The board of trustees of the school district shall transfer the
proceeds of the tax imposed by NRS 374A.010 from the county school district fund to the
fund described in NRS 354.6105 which
must be established by the board of trustees. The money deposited in the
fund described in NRS 354.6105
pursuant to this subsection must be accounted for separately in that fund
and must only be expended by the board of trustees for the cost of the
extraordinary maintenance, extraordinary repair and extraordinary
improvement of school facilities within the county.

      (Added to NRS by 1999, 3222 ; A 2001, 1827 , 2333 ; 2003, 162 , 2381 ; 2005, 1778 )