Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE22 COOPERATIVE AGREEMENTS BY PUBLIC AGENCIES; REGIONAL TRANSPORTATION COMMISSIONS; PLANNING AND ZONING; DEVELOPMENT AND REDEVELOPMENT |
CHAPTER279. Redevelopment of Communities |
AGENCIES |
NRS279.496. Property owned in redevelopment project: Payment of money in lieu of taxes.
Latest version.
- The agency may in any year during which it owns property in a redevelopment project pay to any city, county, district or other public corporation which would have levied a tax upon such property, had it not been exempt, an amount of money in lieu of taxes.
(Added to NRS by 1959, 656)