NRS278B.050. “Impact fee” defined.

Latest version.

“Impact fee” means a charge imposed by a local government on new development to finance the costs of a capital improvement or facility expansion necessitated by and attributable to the new development. The term does not include a tax for the improvement of transportation imposed pursuant to NRS 278.710.

(Added to NRS by 1989, 840; A 1991, 34)

                    
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