Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE32 REVENUE AND TAXATION |
CHAPTER366. Tax on Special Fuel |
IMPOSITION OF TAX |
NRS366.197. Factor for conversion of volumetric measurement. [Effective January 1, 2014.]
Latest version.
- For the purpose of taxing the sale or use of:
1. Compressed natural gas, 126.67 cubic feet of natural gas or 5.660 pounds of natural gas shall be deemed to equal 1 gallon of special fuel.
2. Liquefied petroleum gas, 125 cubic feet of natural gas or liquefied petroleum gas shall be deemed to equal 1 gallon of special fuel.
(Added to NRS by 1987, 1387; A 2013, 1608, effective January 1, 2014)