Nevada Revised Statutes 268.0964 – Tax on revenues from rental of transient lodging: Prohibited uses of proceeds
Current as of: 2023 | Check for updates
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The proceeds of the tax imposed pursuant to NRS 268.096 may not be used:
Terms Used In Nevada Revised Statutes 268.0964
- county: includes Carson City. See Nevada Revised Statutes 0.033
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
1. As additional security for the payment of, or to redeem, any general obligation bonds issued pursuant to NRS 244A.597.
2. To defray the costs of collecting or administering the tax incurred by the county fair and recreation board.
3. To operate and maintain recreational facilities under the jurisdiction of the county fair and recreation board.
4. To improve and expand recreational facilities authorized by NRS 244A.597 to 244A.655, inclusive.
5. To construct, purchase or acquire such recreational facilities.