Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE58 ENERGY; PUBLIC UTILITIES AND SIMILAR ENTITIES |
CHAPTER701A. Energy-Related Tax Incentives |
CERTAIN RENEWABLE ENERGY FACILITIES |
Partial Abatement of Certain Taxes |
NRS701A.390. Regulations; Director authorized to charge and collect fee for application for partial abatement. [Effective through June 30, 2049.]
- The Director:
1. Shall adopt regulations:
(a) Prescribing the minimum level of benefits that a facility must provide to its employees if the facility is going to use benefits paid to employees as a basis to qualify for a partial abatement pursuant to NRS 701A.300 to 701A.390, inclusive;
(b) Prescribing such requirements for an application for a partial abatement pursuant to NRS 701A.300 to 701A.390, inclusive, as will ensure that all information and other documentation necessary for the Director, in consultation with the Office of Economic Development, to make an appropriate determination is filed with the Director;
(c) Requiring each recipient of a partial abatement pursuant to NRS 701A.300 to 701A.390, inclusive, to file annually with the Director such information and documentation as may be necessary for the Director to determine whether the recipient is in compliance with any eligibility requirements for the abatement; and
(d) Regarding the capital investment that a facility must make to meet the requirement set forth in paragraph (d) or (e) of subsection 1 of NRS 701A.365; and
2. May adopt such other regulations as the Director determines to be necessary to carry out the provisions of NRS 701A.300 to 701A.390, inclusive; and
3. May charge and collect a fee from each applicant who submits an application for a partial abatement pursuant to NRS 701A.300 to 701A.390, inclusive. The amount of the fee must not exceed the actual cost to the Director for processing and approving the application.
(Added to NRS by 2009, 2004; A 2011, 2075, 3483; 2013, 3206)