NRS 231.139
Office of Economic Development: Certification of businesses for certain benefits

  • requirements for certification
  • allocations from Contingency Account
  • fees
  • regulations.

1.

The Office shall certify a business for the benefits provided pursuant to NRS 704.223 if the Office finds that:

(a)

The business is consistent with the State Plan for Economic Development developed by the Executive Director pursuant to subsection 2 of NRS 231.053;

(b)

The business is engaged in the primary trade of preparing, fabricating, manufacturing or otherwise processing raw material or an intermediate product through a process in which at least 50 percent of the material or product is recycled on-site;

(c)

Establishing the business will require the business to make a capital investment of $50,000,000 in Nevada; and

(d)

The economic benefit to the State of approving the certification exceeds the cost to the State.

2.

The Office may:

(a)

Request an allocation from the Contingency Account pursuant to NRS 353.266, 353.268 and 353.269 to cover the costs incurred by the Office pursuant to this section and NRS 704.032.

(b)

Impose a reasonable fee for an application for certification pursuant to this section to cover the costs incurred by the Office in investigating and ruling on the application.

(c)

Adopt such regulations as it deems necessary to carry out the provisions of this section.
Program for Certification of Local Emerging Small Businesses

Source: Section 231.139 — Office of Economic Development: Certification of businesses for certain benefits; requirements for certification; allocations from Contingency Account; fees; regulations., https://www.­leg.­state.­nv.­us/NRS/NRS-231.­html#NRS231Sec139.

231.020
“Motion pictures” defined. 231.033
Board of Economic Development: Creation 231.037
Board of Economic Development: Duties. 231.043
Office of Economic Development: Creation 231.047
Executive Director of Office of Economic Development: Appointment 231.053
Executive Director of Office of Economic Development: Responsibility for Office 231.054
Executive Director of Office of Economic Development: Regional development authorities to submit plans. 231.055
Office of Economic Development: Powers and duties 231.057
Office of Economic Development: Powers specific to contracts with regional development authorities. 231.060
Office of Economic Development: Powers and duties 231.064
Office of Economic Development: Powers and duties 231.068
Office of Economic Development: Powers and duties 231.069
Office of Economic Development: Confidentiality of records and documents submitted by client. 231.075
Office of Economic Development: Assistance in development of inland ports. 231.125
Office of Economic Development: Fees to support activities. 231.127
Division of Motion Pictures: Program to promote production of motion pictures. 231.128
Registration and permits required for production of motion picture. 231.130
Office of Economic Development: Use of records and assistance of other state agencies. 231.139
Office of Economic Development: Certification of businesses for certain benefits 231.0535
Executive Director of Office of Economic Development: Annual report to Governor and Legislature regarding Catalyst Account and transferable tax credits to promote economic development. 231.0543
Executive Director of Office of Economic Development: Quarterly meetings with Southern Nevada Enterprise Community Board. 231.0545
Executive Director of Office of Economic Development: Formation of nonprofit corporation to promote, aid and encourage economic development 231.0685
Office of Economic Development: Biennial report to Legislature concerning abatements from taxation approved by the Office. 231.0695
Office of Economic Development: Approval of partial tax abatement.
Last Updated

Feb. 5, 2021

§ 231.139’s source at nv​.us