Nevada Revised Statutes 328.460 – Account for Revenue from Lease of Federal Lands: Apportionment of money by State Controller
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The State Controller shall apportion money in the Account for Revenue from the Lease of Federal Lands as follows:
Terms Used In Nevada Revised Statutes 328.460
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
1. Forty-three and three-quarters percent to the State Education Fund.
2. Fifty-six and one-quarter percent to the counties from which the fuels, minerals and geothermal resources are extracted.