NRS 360.137
Duty of Executive Director to submit tax expenditure report

  • contents
  • requests for information.

1.

On or before November 10 of each even-numbered year, the Executive Director shall submit a tax expenditure report to the Governor and the Director of the Legislative Counsel Bureau for transmittal to the Legislature and the appropriate interim committee or committees of the Legislature.

2.

The report required by subsection 1 must provide, for each tax expenditure:

(a)

A description of the tax expenditure;

(b)

The year in which the tax expenditure was enacted;

(c)

The purpose for which the tax expenditure was enacted;

(d)

A summary of any amendments to the tax expenditure since it was enacted;

(e)

To the extent that pertinent information is available, estimates of:

(1)

The fiscal impact to this State and local governments of the tax expenditure during each fiscal year of the biennium in which the report is prepared;

(2)

The number of taxpayers receiving benefit from the tax expenditure; and

(3)

The revenue that would result from repeal of the tax expenditure; and

(f)

A statement of:

(1)

Any pertinent information which is not available to prepare the estimates required by paragraph (e); and

(2)

The reasons for the unavailability of that information.

3.

Each agency, bureau, board, commission, department, division, office and other governmental entity of the State of Nevada, each county treasurer and county assessor and each entity receiving the benefit of a tax expenditure, shall respond fully and appropriately to any request for information made by the Executive Director for use in the report required by this section not later than 30 days after such a request is made, to the extent that the requested information is not confidential, privileged or otherwise protected from disclosure by any provision of state or federal law.

4.

As used in this section, “tax expenditure” means any law of this State that exempts, in whole or in part, certain persons, income, goods, services or property from the impact of established taxes, including, without limitation, tax abatements, tax credits, tax deductions, tax deferrals, tax exemptions, tax exclusions, tax subtractions and preferential tax rates.

Source: Section 360.137 — Duty of Executive Director to submit tax expenditure report; contents; requests for information., https://www.­leg.­state.­nv.­us/NRS/NRS-360.­html#NRS360Sec137.

360.010
Nevada Tax Commission: Creation 360.020
Qualifications of commissioners. 360.030
Limitations on appointment of commissioners 360.050
Compensation of commissioners. 360.070
Location of office of Nevada Tax Commission. 360.080
Quorum 360.090
Adoption of regulations by Nevada Tax Commission governing business of Commission and Department. 360.092
Adoption of regulations by Nevada Tax Commission for electronic submission of returns and remission of payments by credit card, debit card or electronic transfer of money. 360.093
Adoption of regulations by Nevada Tax Commission to carry out certain provisions regarding waiver of taxes, penalties and interest, and imposition of penalties. 360.095
Principles for adoption of regulations, policies of enforcement and policies for auditing of taxpayers by Nevada Tax Commission. 360.100
Annual report by Department 360.105
Submission of proposed budget and legislation of Department to Nevada Tax Commission. 360.120
Department of Taxation: Creation 360.130
Duties of Executive Director 360.133
Duty of Executive Director to prepare technical bulletins 360.137
Duty of Executive Director to submit tax expenditure report 360.140
Organization of Department 360.142
Investigation of background and personal history of employees and contractors of Department. 360.145
Employees of Department: Evaluation on basis of assessments or collections prohibited. 360.200
General powers of Department. 360.203
Reduction of rate of certain taxes on business under certain circumstances 360.205
Power of Department to deny license, registration or permit to applicant who is liable to Department. 360.210
Power of Department to appraise and assess property. 360.215
Powers and duties of Department regarding county assessors, assessment procedures and equalization. 360.217
Duty of Department to adopt regulations to implement credit against certain taxes for matching employee contributions to college savings trust accounts. 360.220
Duty of Department to require local governments to submit fiscal information. 360.225
Duty of Department to investigate eligibility for abatement, exemption or deferral of certain taxes 360.230
Duty of Department to investigate property escaping taxation and require placement on tax roll. 360.232
Audits by Department: Notification of taxpayer and extension of date for completion. 360.233
Notice of determination by Department that taxpayer is entitled to exemption or has been taxed or assessed more than is required by law. 360.235
Refund or credit to taxpayer after audit. 360.236
Overpayments: Credit against other amounts due required before any refund. 360.238
Department may charge fee for returned checks. 360.240
Power of Department to summon witnesses and issue and seek enforcement of subpoenas 360.245
Decision of Department final unless appealed to Nevada Tax Commission 360.247
Hearing on appeal concerning liability for tax must be open to public 360.250
Powers and duties of Nevada Tax Commission concerning assessment of property and collection of taxes 360.255
Confidentiality of records and files of Department 360.260
Power of Nevada Tax Commission to institute and instigate action and prosecution. 360.261
Duty of Department to report to Legislature certain decisions or agreements concerning collection of sales and use taxes. 360.262
Collection of unpaid sales or use taxes not required when cost of collection would exceed amount due. 360.263
Power of Nevada Tax Commission to compromise liability of taxpayers under certain circumstances 360.264
Delinquent taxes: Annual reports 360.265
Power of Nevada Tax Commission regarding uncollectible debts. 360.270
Enumerated powers do not exclude necessary and proper power of Nevada Tax Commission or Department. 360.271
Deposit of money received by Department in lieu of surety bond. 360.278
Authority to engage service of armored car. 360.279
Disposition of security for payment of sales and use taxes which remains unclaimed after account closed. 360.280
Duties of county assessor and board of county commissioners. 360.283
Annual determination of population of towns, townships, cities and counties 360.285
Certification of population by Governor. 360.287
Apportionment of tax receipts to cities. 360.288
Revision of population counts to count inmate in block, block group and census tract in which inmate resided before incarceration. 360.289
Annual reports of projected population of counties.
Last Updated

Jun. 24, 2021

§ 360.137’s source at nv​.us