Nevada § 361A.140 Classification of agricultural property; valuations for each classification

Nevada Statutes

§ 361A.140 — Classification of agricultural property; valuations for each classification

Nevada § 361A.140

Title 32REVENUE AND TAXATION

Ch. 361ATaxes

ASSESSMENT OF AGRICULTURAL PROPERTY

This text of Nevada § 361A.140 (Classification of agricultural property; valuations for each classification) 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. § 361A.140 (2026).

Text

1. On or before the first Monday in October of each year, the Nevada Tax Commission shall:

(a)Define the classifications of agricultural real property.

(b)Except as otherwise provided in paragraph (c), determine the valuations for each classification on the basis provided in NRS 361.325 .

(c)Provide for the determination of the value of the land covered by a residence or necessary to support the residence in the same manner as other real property pursuant to NRS 361.227 .

(d)Prepare a bulletin listing all classifications and values thereof for the following assessment year. 2. The county assessors shall classify agricultural real property utilizing the definitions and applying the appropriate values published in the Tax Commission’s bulletin.

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1. On or before the first Monday in October of each year, the Nevada Tax Commission shall:
(a) Define the classifications of agricultural real property.
(b) Except as otherwise provided in paragraph (c), determine the valuations for each classification on the basis provided in NRS 361.325 .
(c) Provide for the determination of the value of the land covered by a residence or necessary to support the residence in the same manner as other real property pursuant to NRS 361.227 .
(d) Prepare a bulletin listing all classifications and values thereof for the following assessment year.
2. The county assessors shall classify agricultural real property utilizing the definitions and applying the appropriate values published in the Tax Commission’s bulletin.