Nevada § 354.6116 Revenue from taxes ad valorem from lessee or user of certain taxable property to be deposited in or transferred to certain funds

Nevada Statutes

§ 354.6116 — Revenue from taxes ad valorem from lessee or user of certain taxable property to be deposited in or transferred to certain funds

Nevada § 354.6116

Title 31PUBLIC FINANCIAL ADMINISTRATION

Ch. 354Local

BUDGETS OF LOCAL GOVERNMENTS

This text of Nevada § 354.6116 (Revenue from taxes ad valorem from lessee or user of certain taxable property to be deposited in or transferred to certain funds) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 354.6116 (2026).

Text

A local government, except a school district, that receives revenue from taxes ad valorem from a lessee or user of property which is taxable pursuant to NRS 361.157 or 361.159 shall deposit the revenue in or transfer the revenue to one or more of the funds established by the local government pursuant to NRS 354.6113 or 354.6115 and use that revenue only for the purposes authorized by those sections if the revenue was received in:

1.A fiscal year after the fiscal year the taxes were owed; or

2.The fiscal year the taxes are owed and the taxes were excluded from the estimate of revenue from taxes ad valorem for the local government pursuant to NRS 354.597 .

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A local government, except a school district, that receives revenue from taxes ad valorem from a lessee or user of property which is taxable pursuant to NRS 361.157 or 361.159 shall deposit the revenue in or transfer the revenue to one or more of the funds established by the local government pursuant to NRS 354.6113 or 354.6115 and use that revenue only for the purposes authorized by those sections if the revenue was received in:
1. A fiscal year after the fiscal year the taxes were owed; or
2. The fiscal year the taxes are owed and the taxes were excluded from the estimate of revenue from taxes ad valorem for the local government pursuant to NRS 354.597 .