NRS701A.385. Allocation of certain taxes collected from facilities receiving partial abatement. [Effective through June 30, 2049.]

Latest version.

Notwithstanding any statutory provision to the contrary, if the Director approves an application for a partial abatement pursuant to NRS 701A.300 to 701A.390, inclusive, of local sales and use taxes, the State Controller shall allocate, transfer and remit an amount equal to all the sales and use taxes imposed in this State and collected from the facility for the period of the abatement in the same manner as if that amount consisted solely of the proceeds of taxes imposed by NRS 374.110 and 374.190.

(Added to NRS by 2009, 2004; A 2009, 2010; 2011, 2074; 2013, 2767, 3206)

                    
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