NRS450.660. Tax levies; disposition of proceeds. [Effective November 25, 2014, if the provisions of Senate Joint Resolution No. 15 (2011) are approved and ratified by the voters at the 2014 General Election.]

      1.  At the time of making the levy of county taxes for that year, each board of trustees shall levy a tax that is sufficient, together with the revenue which will result from application of the rate to the net proceeds from mineral extraction and royalties subject to the excise tax pursuant to the provisions of NRS 362.100 to 362.240, inclusive, to raise the amount so budgeted upon any real and personal property that is subject to taxation within the boundaries of the district. Any tax levied on interstate or intercounty telephone lines, power lines and other public utility lines pursuant to this section must be based upon valuations as established by the Nevada Tax Commission pursuant to the provisions of NRS 361.315 to 361.330, inclusive.

      2.  When levied, the tax must be:

      (a) Entered upon the assessment rolls of each county that is included within the district; and

      (b) Collected in the same manner as state and county taxes.

      3.  When the tax is collected it must be:

      (a) Placed in the treasury of the county in which the district hospital is located;

      (b) Credited to the current expense fund of the district; and

      (c) Used only for the purpose for which it was raised.

      (Added to NRS by 1969, 1389; A 1989, 49; 1993, 1976; 1997, 3103, 3138; 1999, 639; 2013, 3139, effective November 25, 2014, if the provisions of Senate Joint Resolution No. 15 (2011) are approved and ratified by the voters at the 2014 General Election)