Nevada § 361.078 Exemption of residential property containing shelter protecting against radioactive fallout

Nevada Statutes

§ 361.078 — Exemption of residential property containing shelter protecting against radioactive fallout

Nevada § 361.078

Title 32REVENUE AND TAXATION

Ch. 361Property

Taxable and Exempt Property

This text of Nevada § 361.078 (Exemption of residential property containing shelter protecting against radioactive fallout) 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. § 361.078 (2026).

Text

1. Residential property to the extent of $1,000 assessed valuation is exempt from taxation if the property:

(a)Is owned and occupied by a resident of this state;

(b)Contains a shelter for protection against radioactive fallout;

(c)The shelter has sufficient space to protect the number of persons who normally occupy the residence; and

(d)The shelter provides at least 40 times more protection against radiation to a person inside the shelter than to a person outside the shelter. 2. Any person claiming this exemption must file with the county assessor an affidavit declaring that:

(a)The person is a resident of the State of Nevada;

(b)The shelter meets the requirements of subsection 1; and

(c)The person has not claimed a similar exemption for the current year in any other county in this

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1. Residential property to the extent of $1,000 assessed valuation is exempt from taxation if the property:
(a) Is owned and occupied by a resident of this state;
(b) Contains a shelter for protection against radioactive fallout;
(c) The shelter has sufficient space to protect the number of persons who normally occupy the residence; and
(d) The shelter provides at least 40 times more protection against radiation to a person inside the shelter than to a person outside the shelter.
2. Any person claiming this exemption must file with the county assessor an affidavit declaring that:
(a) The person is a resident of the State of Nevada;
(b) The shelter meets the requirements of subsection 1; and
(c) The person has not claimed a similar exemption for the current year in any other county in this state.