NRS231.0685. Office of Economic Development: Biennial report to Director of Legislative Counsel Bureau; contents of report. [Effective July 1, 2023.]  


Latest version.
  •   The Office shall, on or before January 15 of each odd-numbered year, prepare and submit to the Director of the Legislative Counsel Bureau for transmission to the Legislature a report concerning the abatements from taxation that the Office approved pursuant to NRS 274.310, 274.320, 274.330 or 360.750. The report must set forth, for each abatement from taxation that the Office approved during the fiscal years which are 3 fiscal years and 6 fiscal years immediately preceding the submission of the report:

          1.  The dollar amount of the abatement;

          2.  The location of the business for which the abatement was approved;

          3.  The value of infrastructure included as an incentive for the business;

          4.  If applicable, the number of employees that the business for which the abatement was approved employs or will employ;

          5.  Whether the business for which the abatement was approved is a new business or an existing business;

          6.  The economic sector in which the business operates, the number of primary jobs related to the business, the average wage paid to employees of the business and the assessed values of personal property and real property of the business; and

          7.  Any other information that the Office determines to be useful.

      (Added to NRS by 1999, 1749; A 2001, 113; 2005, 643; 2011, 3443; 2013, 573, 2811, effective July 1, 2023)