S.B. 430
- *SB430*
SENATE BILL NO. 430–COMMITTEE ON
REVENUE AND ECONOMIC DEVELOPMENT
MARCH 24, 2025
____________
Referred to Committee on Revenue and
Economic Development
SUMMARY—Revises provisions relating to taxation.
(BDR 32-693)
FISCAL NOTE: Effect on Local Government: May have Fiscal Impact.
Effect on the State: Yes.
~
EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.
AN ACT relating to taxation; providing for the issuance of
transferable tax credits and the partial abatement of
certain taxes for certain projects of single-family
residences; exempting such residences from the taxes on
real property and transfers of such residences from the
taxes on transfers of real property in certain
circumstances; prohibiting the sale of such residences to
certain corporate investors; and providing other matters
properly relating thereto.
Legislative Counsel’s Digest:
Under existing law, financial institutions and other employers are required to 1
pay an excise tax (the modified business tax) on wages paid by them. (NRS 2
363A.130, 363B.110) Existing law provides for the imposition and administration 3
of sales and use taxes pursuant to the Sales and Use Tax Act and the Local School 4
Support Tax Law. (Chapters 372 and 374 of NRS) Any amendment to the Local 5
School Support Tax Law also applies to other sales and use taxes imposed under 6
existing law. (NRS 354.705, 374A.020, 376A.060, 377.040, 377A.030, 377B.110, 7
543.600; and various special and local acts) Sections 2-13 of this bill authorize the 8
Housing Division of the Department of Business and Industry to approve 9
applications for the issuance of transferable tax credits and granting of abatements 10
of the excise tax on employers other than financial institutions or local sales and 11
use taxes imposed pursuant to the Local School Support Tax Law that are 12
submitted by a project sponsor engaged in a project for the acquisition, 13
development and construction of single-family residences to be sold for the direct 14
cost of the residences to households who will occupy the residences and whose 15
income is less than 130 percent of the area median income. Section 9 authorizes the 16
project sponsor, on behalf of the project, to apply to the Division for these tax 17
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incentives. Sections 9 and 19 of this bill provide for the confidentiality of certain 18
information in the application and for the adoption of regulations. Section 9 19
authorizes the Division to approve such an application if the Division finds that the 20
project meets the qualifications. 21
If the Division approves an application for transferable tax credits, section 10 22
requires the Division to issue to the project sponsor in the qualified project a 23
certificate of eligibility for transferable tax credits. Section 10 provides that a 24
project is eligible for transferable tax credits in an amount equivalent to the costs of 25
financial assistance provided by the project sponsor to purchasers of single-family 26
residences. Section 10 also provides that the expiration of the transferable tax 27
credits is 4 years after the date of issuance to the project sponsor. 28
If the Division approves an application for an abatement, section 11 provides 29
that the project sponsor is entitled to an abatement of: (1) employer excise taxes for 30
a period of not more than 10 years in an amount equal to the amount of the 31
employer excise taxes that would otherwise be owed for the project; and (2) certain 32
local sales and use taxes for a period of not more than 20 years and in an amount 33
equal to those local sales and use taxes that would otherwise be owed in the county 34
in which the project is located. Sections 15 and 16 of this bill make conforming 35
changes as a result of the authorization of these abatements. 36
Section 12 requires the project sponsor to repay any portion of transferable tax 37
credits and any portion of an abatement to which the project sponsor is not entitled 38
if the Division determines that the project sponsor becomes ineligible for the 39
incentives. Section 13 requires the Division to prepare and submit to the 40
Legislature certain reports concerning any tax incentives provided to a project 41
pursuant to sections 2-13. 42
Existing law provides for the assessment of ad valorem taxes on certain real 43
and personal property and provides certain exemptions from those taxes. (Chapter 44
361 of NRS) Section 14 of this bill provides an exemption from the tax on real 45
property for the initial owner of a single-family residence constructed as part of a 46
project approved pursuant to sections 2-13. The Nevada Constitution requires the 47
Legislature to provide a specific date on which an exemption from property taxes 48
will cease to be effective. (Nev. Const. Art. 10, § 6) To comply with this 49
requirement, section 14 prohibits an application for an exemption pursuant to that 50
section from being submitted on or after July 1, 2055. However, an exemption 51
granted pursuant to an application submitted before July 1, 2055, would continue to 52
be in effect until the owner of the residence no longer qualifies for the exemption. 53
Existing law provides for the imposition of taxes on transfers of real property 54
and exempts certain transfers from such taxes. (NRS 375.020, 375.023, 375.026, 55
375.090) Section 17 of this bill exempts the initial transfers of single-family 56
residences constructed in a project approved pursuant to sections 2-13 from the real 57
property transfer tax. 58
Section 18 of this bill prohibits the initial purchaser of a single-family 59
residence in a project approved pursuant to sections 2-13 from selling the single-60
family residence to a corporation, limited-liability company or affiliate of such an 61
entity. 62
The Nevada Constitution prohibits the Legislature from enacting an exemption 63
from property taxes and sales and use taxes unless the Legislature makes certain 64
findings regarding the benefits and effects of the exemption. (Nev. Const. Art. 10, § 65
6) Section 20 of this bill sets forth such findings of the Legislature with respect to 66
any such exemption provided in this bill. 67
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THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN
SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
Section 1. Chapter 360 of NRS is hereby amended by adding 1
thereto the provisions set forth as sections 2 to 13, inclusive, of this 2
act. 3
Sec. 2. As used in sections 2 to 13, inclusive, of this act, 4
unless the context otherwise requires, the words and terms defined 5
in sections 3 to 8, inclusive, of this act have the meanings ascribed 6
to them in those sections. 7
Sec. 3. “Division” means the Housing Division of the 8
Department of Business and Industry. 9
Sec. 4. “Employer excise taxes” means the taxes imposed on 10
the wages paid by an employer pursuant to chapter 363B of NRS. 11
Sec. 5. “Local sales and use taxes” means the taxes imposed 12
on the gross receipts of any retailer from the sale of tangible 13
personal property sold at retail, or stored, used or otherwise 14
consumed, in the county in which the project is located. The term 15
does not include any taxes imposed by the Sales and Use Tax Act. 16
Sec. 6. “Participant” means a person who contributes to or 17
participates in the project, including, without limitation, a 18
contractor and subcontractor. 19
Sec. 7. “Project” means a project for the acquisition, 20
development and construction of at least 100 single-family 21
residences for households with an income of not more than 130 22
percent of the area median income. 23
Sec. 8. “Project sponsor” means a person who acquires an 24
ownership interest in a project and is designated by the 25
participants in the project to apply for a certificate of eligibility for 26
transferable tax credits or an abatement of employer excise taxes 27
or local sales and use taxes, or both, pursuant to section 9 of this 28
act. 29
Sec. 9. 1. On behalf of a project, the project sponsor may 30
apply to the Division for: 31
(a) A certificate of eligibility for transferable tax credits which 32
may be applied to employer excise taxes or local sales and use 33
taxes, or both. 34
(b) An abatement of employer excise taxes or local sales and 35
use taxes, or both. 36
2. For a project to be eligible for the transferable tax credits 37
described in paragraph (a) of subsection 1 and the abatement of 38
the taxes described in paragraph (b) of subsection 1, the project 39
sponsor must, on behalf of the project: 40
(a) Submit an application on a form prescribed by the 41
Division; 42
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(b) Enter into a written agreement with the Division that 1
requires the project sponsor to sell each single-family residence in 2
the project for not more than the direct costs to acquire, develop 3
and construct the single-family residence to a household that will 4
occupy the residence and has an income of not more than 130 5
percent of the area median income; and 6
(c) Meet any other requirements prescribed by the Division. 7
3. Any participant may submit a request to the Administrator 8
of the Division to protect from disclosure any information in the 9
application which, under generally accepted business practices, 10
would be considered a trade secret or other confidential 11
proprietary information of the participant. After consulting with 12
the participant, the Administrator of the Division shall determine 13
whether to protect the information from disclosure. The decision 14
of the Administrator of the Division is final and is not subject to 15
judicial review. If the Administrator of the Division determines to 16
protect the information from disclosure, the protected 17
information: 18
(a) Is confidential proprietary information of the participant; 19
(b) Is not a public record; 20
(c) Must be redacted by the Administrator of the Division from 21
any copy of the application that is disclosed to the public; and 22
(d) Must not be disclosed to any person who is not an officer 23
or employee of the Division unless the participant consents to the 24
disclosure. 25
4. The Division may approve an application submitted 26
pursuant to subsection 1 if the Division finds that the project is 27
eligible pursuant to subsection 2. 28
5. The Division may adopt any regulations necessary to carry 29
out the provisions of sections 2 to 13, inclusive, of this act. 30
6. The Nevada Tax Commission may adopt any regulations 31
necessary to carry out the provisions of sections 2 to 13, inclusive, 32
of this act. 33
Sec. 10. 1. If the Division approves an application for a 34
certificate of eligibility for transferable tax credits submitted 35
pursuant to paragraph (a) of subsection 1 of section 9 of this act, 36
the Division shall immediately forward a copy of the certificate of 37
eligibility which identifies the estimated amount of the tax credits 38
available pursuant to this section to: 39
(a) The project sponsor; and 40
(b) The Department. 41
2. A project may be approved for a certificate of eligibility for 42
transferable tax credits in an amount equal to the costs of 43
financial assistance provided by the project sponsor to purchasers 44
of single-family residences in the project. 45
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3. The transferable tax credits issued to a project sponsor 1
pursuant to this section expire 4 years after the date on which the 2
transferable tax credits are issued to the project sponsor. 3
Sec. 11. 1. If the Division approves an application for an 4
abatement of employer excise taxes or local sales and use taxes, or 5
both, submitted pursuant to paragraph (b) of subsection 1 of 6
section 9 of this act, the Division shall immediately forward a 7
certificate of eligibility for the abatement to: 8
(a) The Department; and 9
(b) The Nevada Tax Commission. 10
2. The abatement for the project sponsor in the project must: 11
(a) For employer excise taxes, be for a duration of not more 12
than 10 years after the date on which the application is submitted 13
and in an amount that equals the amount of the employer excise 14
taxes that would otherwise be owed by each participant for 15
employees employed by the participant for the project; and 16
(b) For local sales and use taxes, be for a duration of not more 17
than 20 years after the date on which the application is submitted 18
and in an amount that equals the amount of the local sales and 19
use taxes that would otherwise be owed by each participant in the 20
project. 21
3. If the Division approves an abatement of local sales and 22
use taxes, the Division shall issue to the project sponsor a 23
document certifying the abatement which can be presented to 24
retailers at the time of sale. The document must clearly state the 25
rate of sales and use taxes which the purchaser is required to pay 26
in the county in which the abatement is effective. 27
Sec. 12. 1. The project sponsor shall, upon the request of 28
the Division, furnish the Division with copies of all records 29
necessary to verify that the project meets the eligibility 30
requirements for any transferable tax credits issued pursuant to 31
section 10 of this act and the abatement of any taxes approved 32
pursuant to section 11 of this act. 33
2. A project sponsor that is found to have submitted any false 34
statement or made any false representation in any document 35
submitted for the purpose of obtaining transferable tax credits 36
pursuant to sections 2 to 13, inclusive, of this act, or that otherwise 37
becomes ineligible for transferable tax credits after receiving the 38
transferable tax credits pursuant to sections 2 to 13, inclusive, of 39
this act shall repay to the Department any portion of the 40
transferable tax credits to which the project sponsor is not entitled. 41
3. Transferable tax credits purchased in good faith are not 42
subject to forfeiture or repayment by the transferee unless the 43
transferee submitted fraudulent information in connection with 44
the purchase. 45
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4. Notwithstanding any provision of this chapter, if the 1
project sponsor of a project for which an abatement has been 2
approved pursuant to section 11 of this act and is in effect fails to 3
meet the requirements for eligibility pursuant to that section, the 4
project sponsor shall repay to the Department the amount of the 5
abatement that was allowed to the project sponsor pursuant to 6
section 11 of this act before the failure of the project sponsor to 7
meet the requirements for eligibility. Except as otherwise provided 8
in NRS 360.232 and 360.320, the project sponsor shall, in addition 9
to the amount of the abatement required to be repaid by the project 10
sponsor pursuant to this subsection, pay interest on the amount 11
due from the project sponsor at the rate most recently established 12
pursuant to NRS 99.040 for each month, or portion thereof, from 13
the last day of the month following the period for which the 14
payment would have been made had the abatement not been 15
approved until the date of payment of the tax. 16
5. The Secretary of State may, upon application by the 17
Administrator of the Division, revoke or suspend the state business 18
license of the project sponsor which is required to repay any 19
portion of transferable tax credits pursuant to subsection 2 or the 20
amount of any abatement pursuant to subsection 4 and which the 21
Division determines is not in compliance with the provisions of 22
this section governing repayment. If the state business license of 23
the project sponsor in a project is suspended or revoked pursuant 24
to this subsection, the Secretary of State shall provide written 25
notice of the action to the project sponsor. The Secretary of State 26
shall not reinstate a state business license suspended pursuant to 27
this subsection or issue a new state business license to the project 28
sponsor whose state business license has been revoked pursuant to 29
this subsection unless the Administrator of the Division provides 30
proof satisfactory to the Secretary of State that the project sponsor 31
is in compliance with the requirements of this section governing 32
repayment. 33
Sec. 13. The Division shall, on or before October 1 of each 34
year, prepare and submit to the Governor and to the Director of 35
the Legislative Counsel Bureau for transmittal to the Legislature 36
an annual report which includes, for the immediately preceding 37
fiscal year: 38
1. The number of applications submitted pursuant to section 39
9 of this act; 40
2. The number of projects for which an application was 41
approved; 42
3. The amount of transferable tax credits approved; 43
4. The amount of transferable tax credits used; 44
5. The amount of transferable tax credits transferred; 45
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6. The amount of transferable tax credits taken against each 1
allowable tax, including the actual amount used and outstanding, 2
in total and for each project; 3
7. The number of abatements approved; 4
8. The dollar amount of the abatements; and 5
9. The number of single-family residences constructed in the 6
project. 7
Sec. 14. Chapter 361 of NRS is hereby amended by adding 8
thereto a new section to read as follows: 9
1. Except as otherwise provided in this section, the initial 10
owner of a single-family residence constructed as part of a project 11
approved pursuant to sections 2 to 13, inclusive, of this act, may 12
apply to the county assessor for an exemption from taxation. Such 13
an initial owner may not apply for an exemption pursuant to this 14
section on or after July 1, 2055. 15
2. The county assessor shall approve an application 16
submitted pursuant to subsection 1 and grant an exemption from 17
taxation for a single-family residence specified in the application 18
if the application is submitted before July 1, 2055, and the county 19
assessor determines that each of the following criteria are 20
satisfied: 21
(a) The single-family residence is occupied by the initial 22
owner; and 23
(b) The single-family residence was constructed as part of a 24
project approved pursuant to sections 2 to 13, inclusive, of this act. 25
3. If, between July 1 and June 15, the county assessor 26
approves an application submitted pursuant to subsection 1, the 27
initial owner of the single-family residence is entitled to an 28
exemption from taxation beginning on July 1 of the next fiscal 29
year and the initial owner of the single-family residence is not 30
entitled to a refund of any taxes paid before that date. 31
4. If, after June 15 but on or before June 30, the county 32
assessor approves an application submitted pursuant to subsection 33
1, the initial owner of the single-family residence is entitled to an 34
exemption from taxation beginning on July 1 of the fiscal year 35
immediately following the next fiscal year and the initial owner of 36
the single-family residence is not entitled to a refund of any taxes 37
paid before that date. 38
5. If a single-family residence for which an exemption from 39
taxation is granted pursuant to this section is sold or transferred 40
in a transaction to which the provisions of chapter 375 of NRS 41
apply, the exemption from taxation must no longer be applied to 42
the single-family residence. 43
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Sec. 15. Chapter 363B of NRS is hereby amended by adding 1
thereto a new section to read as follows: 2
1. Except as otherwise provided in section 11 of this act, a 3
participant that qualifies pursuant to the provisions of section 11 4
of this act is entitled to an exemption of the amount of tax 5
otherwise due pursuant to NRS 363B.110. 6
2. If an abatement from the taxes otherwise due pursuant to 7
NRS 363B.110 is approved by the Housing Division of the 8
Department of Business and Industry pursuant to section 11 of 9
this act, the abatement must be administered and carried out in the 10
manner set forth in sections 2 to 13, inclusive, of this act. 11
Sec. 16. Chapter 374 of NRS is hereby amended by adding 12
thereto a new section to read as follows: 13
1. A participant in a project approved pursuant to sections 2 14
to 13, inclusive, of this act may apply to the Housing Division of 15
the Department of Business and Industry for an abatement from 16
the taxes imposed by this chapter on the gross receipts from the 17
sale, and the storage, use or other consumption, of eligible 18
machinery, equipment and supplies used to develop and construct 19
single-family residences for the project. 20
2. If an application for an abatement is approved, the 21
abatement must be administered and carried out in the manner set 22
forth in sections 2 to 13, inclusive, of this act. 23
Sec. 17. NRS 375.090 is hereby amended to read as follows: 24
375.090 The taxes imposed by NRS 375.020, 375.023 and 25
375.026 do not apply to: 26
1. Except as otherwise provided in this subsection, a mere 27
change in identity, form or place of organization, such as a transfer 28
between a business entity and its parent, its subsidiary or an 29
affiliated business entity if the affiliated business entity has identical 30
common ownership. The taxes imposed by NRS 375.020, 375.023 31
and 375.026 apply to a transfer described in this subsection if the 32
business entity to which the real property is transferred was formed 33
for the purpose of avoiding those taxes. 34
2. A transfer of title to the United States, any territory or state 35
or any agency, department, instrumentality or political subdivision 36
thereof. 37
3. A transfer of title recognizing the true status of ownership of 38
the real property, including, without limitation, a transfer by an 39
instrument in writing pursuant to the terms of a land sale installment 40
contract previously recorded and upon which the taxes imposed by 41
this chapter have been paid. 42
4. A transfer of title without consideration from one joint 43
tenant or tenant in common to one or more remaining joint tenants 44
or tenants in common. 45
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5. A transfer, assignment or other conveyance of real property 1
if the owner of the property is related to the person to whom it is 2
conveyed within the first degree of lineal consanguinity or affinity. 3
6. A transfer of title between former spouses in compliance 4
with a decree of divorce. 5
7. A transfer of title to or from a trust without consideration if a 6
certificate of trust is presented at the time of transfer. 7
8. Transfers, assignments or conveyances of unpatented mines 8
or mining claims. 9
9. A transfer, assignment or other conveyance of real property 10
to a corporation or other business organization if the person 11
conveying the property owns 100 percent of the corporation or 12
organization to which the conveyance is made. 13
10. A conveyance of real property by deed which becomes 14
effective upon the death of the grantor pursuant to NRS 111.655 to 15
111.699, inclusive, and a Death of Grantor Affidavit recorded in the 16
office of the county recorder pursuant to NRS 111.699. 17
11. The making, delivery or filing of conveyances of real 18
property to make effective any plan of reorganization or adjustment: 19
(a) Confirmed under the Bankruptcy Act, as amended, 11 U.S.C. 20
§§ 101 et seq.; 21
(b) Approved in an equity receivership proceeding involving a 22
railroad, as defined in the Bankruptcy Act; or 23
(c) Approved in an equity receivership proceeding involving a 24
corporation, as defined in the Bankruptcy Act, 25
if the making, delivery or filing of instruments of transfer or 26
conveyance occurs within 5 years after the date of the confirmation, 27
approval or change. 28
12. A transfer to an educational foundation. As used in this 29
subsection, “educational foundation” has the meaning ascribed to it 30
in subsection 3 of NRS 388.750. 31
13. A transfer to a university foundation. As used in this 32
subsection, “university foundation” has the meaning ascribed to it in 33
subsection 3 of NRS 396.405. 34
14. A transfer to a library foundation. As used in this 35
subsection, “library foundation” has the meaning ascribed to it in 36
NRS 379.0056. 37
15. A transfer to a person who is the initial purchaser of a 38
single-family residence in a project approved pursuant to sections 39
2 to 13, inclusive, of this act. 40
Sec. 18. Chapter 111 of NRS is hereby amended by adding 41
thereto a new section to read as follows: 42
The initial purchaser of a single-family residence in a project 43
approved pursuant to sections 2 to 13, inclusive, of this act shall 44
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not sell the single-family residence to a corporation, limited-1
liability company or affiliate of such an entity. 2
Sec. 19. NRS 239.010 is hereby amended to read as follows: 3
239.010 1. Except as otherwise provided in this section and 4
NRS 1.4683, 1.4687, 1A.110, 3.2203, 41.0397, 41.071, 49.095, 5
49.293, 62D.420, 62D.440, 62E.516, 62E.620, 62H.025, 62H.030, 6
62H.170, 62H.220, 62H.320, 75A.100, 75A.150, 76.160, 78.152, 7
80.113, 81.850, 82.183, 86.246, 86.54615, 87.515, 87.5413, 8
87A.200, 87A.580, 87A.640, 88.3355, 88.5927, 88.6067, 88A.345, 9
88A.7345, 89.045, 89.251, 90.730, 91.160, 116.757, 116A.270, 10
116B.880, 118B.026, 119.260, 119.265, 119.267, 119.280, 11
119A.280, 119A.653, 119A.677, 119B.370, 119B.382, 120A.640, 12
120A.690, 125.130, 125B.140, 126.141, 126.161, 126.163, 126.730, 13
127.007, 127.057, 127.130, 127.140, 127.2817, 128.090, 130.312, 14
130.712, 136.050, 159.044, 159A.044, 164.041, 172.075, 172.245, 15
176.01334, 176.01385, 176.015, 176.0625, 176.09129, 176.156, 16
176A.630, 178.39801, 178.4715, 178.5691, 178.5717, 179.495, 17
179A.070, 179A.165, 179D.160, 180.600, 200.3771, 200.3772, 18
200.5095, 200.604, 202.3662, 205.4651, 209.392, 209.3923, 19
209.3925, 209.419, 209.429, 209.521, 211A.140, 213.010, 213.040, 20
213.095, 213.131, 217.105, 217.110, 217.464, 217.475, 218A.350, 21
218E.625, 218F.150, 218G.130, 218G.240, 218G.350, 218G.615, 22
224.240, 226.462, 226.796, 228.270, 228.450, 228.495, 228.570, 23
231.069, 231.1285, 231.1473, 232.1369, 233.190, 237.300, 24
239.0105, 239.0113, 239.014, 239B.026, 239B.030, 239B.040, 25
239B.050, 239C.140, 239C.210, 239C.230, 239C.250, 239C.270, 26
239C.420, 240.007, 241.020, 241.030, 241.039, 242.105, 244.264, 27
244.335, 247.540, 247.545, 247.550, 247.560, 250.087, 250.130, 28
250.140, 250.145, 250.150, 268.095, 268.0978, 268.490, 268.910, 29
269.174, 271A.105, 281.195, 281.805, 281A.350, 281A.680, 30
281A.685, 281A.750, 281A.755, 281A.780, 284.4068, 284.4086, 31
286.110, 286.118, 287.0438, 289.025, 289.080, 289.387, 289.830, 32
293.4855, 293.5002, 293.503, 293.504, 293.558, 293.5757, 293.870, 33
293.906, 293.908, 293.909, 293.910, 293B.135, 293D.510, 331.110, 34
332.061, 332.351, 333.333, 333.335, 338.070, 338.1379, 338.1593, 35
338.1725, 338.1727, 348.420, 349.597, 349.775, 353.205, 36
353A.049, 353A.085, 353A.100, 353C.240, 353D.250, 360.240, 37
360.247, 360.255, 360.755, 361.044, 361.2242, 361.610, 365.138, 38
366.160, 368A.180, 370.257, 370.327, 372A.080, 378.290, 378.300, 39
379.0075, 379.008, 379.1495, 385A.830, 385B.100, 387.626, 40
387.631, 388.1455, 388.259, 388.501, 388.503, 388.513, 388.750, 41
388A.247, 388A.249, 391.033, 391.035, 391.0365, 391.120, 42
391.925, 392.029, 392.147, 392.264, 392.271, 392.315, 392.317, 43
392.325, 392.327, 392.335, 392.850, 393.045, 394.167, 394.16975, 44
394.1698, 394.447, 394.460, 394.465, 396.1415, 396.1425, 396.143, 45
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396.159, 396.3295, 396.405, 396.525, 396.535, 396.9685, 1
398A.115, 408.3885, 408.3886, 408.3888, 408.5484, 412.153, 2
414.280, 416.070, 422.2749, 422.305, 422A.342, 422A.350, 3
425.400, 427A.1236, 427A.872, 427A.940, 432.028, 432.205, 4
432B.175, 432B.280, 432B.290, 432B.4018, 432B.407, 432B.430, 5
432B.560, 432B.5902, 432C.140, 432C.150, 433.534, 433A.360, 6
439.4941, 439.4988, 439.5282, 439.840, 439.914, 439A.116, 7
439A.124, 439B.420, 439B.754, 439B.760, 439B.845, 440.170, 8
441A.195, 441A.220, 441A.230, 442.330, 442.395, 442.735, 9
442.774, 445A.665, 445B.570, 445B.7773, 449.209, 449.245, 10
449.4315, 449A.112, 450.140, 450B.188, 450B.805, 453.164, 11
453.720, 458.055, 458.280, 459.050, 459.3866, 459.555, 459.7056, 12
459.846, 463.120, 463.15993, 463.240, 463.3403, 463.3407, 13
463.790, 467.1005, 480.535, 480.545, 480.935, 480.940, 481.063, 14
481.091, 481.093, 482.170, 482.368, 482.5536, 483.340, 483.363, 15
483.575, 483.659, 483.800, 484A.469, 484B.830, 484B.833, 16
484E.070, 485.316, 501.344, 503.452, 522.040, 534A.031, 561.285, 17
571.160, 584.655, 587.877, 598.0964, 598.098, 598A.110, 18
598A.420, 599B.090, 603.070, 603A.210, 604A.303, 604A.710, 19
604D.500, 604D.600, 612.265, 616B.012, 616B.015, 616B.315, 20
616B.350, 618.341, 618.425, 622.238, 622.310, 623.131, 623A.137, 21
624.110, 624.265, 624.327, 625.425, 625A.185, 628.418, 628B.230, 22
628B.760, 629.043, 629.047, 629.069, 630.133, 630.2671, 23
630.2672, 630.2673, 630.2687, 630.30665, 630.336, 630A.327, 24
630A.555, 631.332, 631.368, 632.121, 632.125, 632.3415, 25
632.3423, 632.405, 633.283, 633.301, 633.427, 633.4715, 633.4716, 26
633.4717, 633.524, 634.055, 634.1303, 634.214, 634A.169, 27
634A.185, 634B.730, 635.111, 635.158, 636.262, 636.342, 637.085, 28
637.145, 637B.192, 637B.288, 638.087, 638.089, 639.183, 29
639.2485, 639.570, 640.075, 640.152, 640A.185, 640A.220, 30
640B.405, 640B.730, 640C.580, 640C.600, 640C.620, 640C.745, 31
640C.760, 640D.135, 640D.190, 640E.225, 640E.340, 641.090, 32
641.221, 641.2215, 641A.191, 641A.217, 641A.262, 641B.170, 33
641B.281, 641B.282, 641C.455, 641C.760, 641D.260, 641D.320, 34
642.524, 643.189, 644A.870, 645.180, 645.625, 645A.050, 35
645A.082, 645B.060, 645B.092, 645C.220, 645C.225, 645D.130, 36
645D.135, 645G.510, 645H.320, 645H.330, 647.0945, 647.0947, 37
648.033, 648.197, 649.065, 649.067, 652.126, 652.228, 653.900, 38
654.110, 656.105, 657A.510, 661.115, 665.130, 665.133, 669.275, 39
669.285, 669A.310, 670B.680, 671.365, 671.415, 673.450, 673.480, 40
675.380, 676A.340, 676A.370, 677.243, 678A.470, 678C.710, 41
678C.800, 679B.122, 679B.124, 679B.152, 679B.159, 679B.190, 42
679B.285, 679B.690, 680A.270, 681A.440, 681B.260, 681B.410, 43
681B.540, 683A.0873, 685A.077, 686A.289, 686B.170, 686C.306, 44
687A.060, 687A.115, 687B.404, 687C.010, 688C.230, 688C.480, 45
– 12 –
- *SB430*
688C.490, 689A.696, 692A.117, 692C.190, 692C.3507, 692C.3536, 1
692C.3538, 692C.354, 692C.420, 693A.480, 693A.615, 696B.550, 2
696C.120, 703.196, 704B.325, 706.1725, 706A.230, 710.159, 3
711.600, and section 9 of this act, sections 35, 38 and 41 of chapter 4
478, Statutes of Nevada 2011 and section 2 of chapter 391, Statutes 5
of Nevada 2013 and unless otherwise declared by law to be 6
confidential, all public books and public records of a governmental 7
entity must be open at all times during office hours to inspection by 8
any person, and may be fully copied or an abstract or memorandum 9
may be prepared from those public books and public records. Any 10
such copies, abstracts or memoranda may be used to supply the 11
general public with copies, abstracts or memoranda of the records or 12
may be used in any other way to the advantage of the governmental 13
entity or of the general public. This section does not supersede or in 14
any manner affect the federal laws governing copyrights or enlarge, 15
diminish or affect in any other manner the rights of a person in any 16
written book or record which is copyrighted pursuant to federal law. 17
2. A governmental entity may not reject a book or record 18
which is copyrighted solely because it is copyrighted. 19
3. A governmental entity that has legal custody or control of a 20
public book or record shall not deny a request made pursuant to 21
subsection 1 to inspect or copy or receive a copy of a public book or 22
record on the basis that the requested public book or record contains 23
information that is confidential if the governmental entity can 24
redact, delete, conceal or separate, including, without limitation, 25
electronically, the confidential information from the information 26
included in the public book or record that is not otherwise 27
confidential. 28
4. If requested, a governmental entity shall provide a copy of a 29
public record in an electronic format by means of an electronic 30
medium. Nothing in this subsection requires a governmental entity 31
to provide a copy of a public record in an electronic format or by 32
means of an electronic medium if: 33
(a) The public record: 34
(1) Was not created or prepared in an electronic format; and 35
(2) Is not available in an electronic format; or 36
(b) Providing the public record in an electronic format or by 37
means of an electronic medium would: 38
(1) Give access to proprietary software; or 39
(2) Require the production of information that is confidential 40
and that cannot be redacted, deleted, concealed or separated from 41
information that is not otherwise confidential. 42
5. An officer, employee or agent of a governmental entity who 43
has legal custody or control of a public record: 44
– 13 –
- *SB430*
(a) Shall not refuse to provide a copy of that public record in the 1
medium that is requested because the officer, employee or agent has 2
already prepared or would prefer to provide the copy in a different 3
medium. 4
(b) Except as otherwise provided in NRS 239.030, shall, upon 5
request, prepare the copy of the public record and shall not require 6
the person who has requested the copy to prepare the copy himself 7
or herself. 8
Sec. 20. The Legislature hereby finds that the exemption 9
provided by this act from any ad valorem tax on property: 10
1. Will achieve a bona fide social or economic purpose and that 11
the benefits of the exemption are expected to exceed any adverse 12
effect of the exemption on the provision of services to the public by 13
the State or a local government that would otherwise receive 14
revenue from the tax from which the exemption would be granted; 15
and 16
2. Will not impair adversely the ability of the State or a local 17
government to pay, when due, all interest and principal on any 18
outstanding bonds or any other obligations for which revenue from 19
the tax from which the exemption would be granted was pledged. 20
Sec. 21. The provisions of NRS 218D.380 do not apply to any 21
provision of this act which adds or revises a requirement to submit a 22
report to the Legislature. 23
Sec. 22. 1. This section becomes effective upon passage and 24
approval. 25
2. Sections 1 to 21, inclusive, of this act become effective upon 26
passage and approval for the purpose of adopting any regulations 27
and performing any other preparatory administrative tasks that are 28
necessary to carry out the provisions of this act, and on October 1, 29
2025, for all other purposes, and expire by limitation on October 1, 30
2055. 31
H