Nevada Revised Statutes 377.055 – Allocation and deposit of proceeds of basic city-county relief tax
The Department shall monthly determine for each county an amount of money equal to the sum of:
Terms Used In Nevada Revised Statutes 377.055
- Basic city-county relief tax: means that portion of the tax which is levied at the rate of 0. See Nevada Revised Statutes 377.020
- County: includes Carson City. See Nevada Revised Statutes 377.020
- population: means the number of people in a specified area as determined by the last preceding national decennial census conducted by the Bureau of the Census of the United States Department of Commerce pursuant to Section 2 of Nevada Revised Statutes 0.050
1. Any fees and any taxes, interest and penalties which derive from the basic city-county relief tax collected in that county pursuant to this chapter during the preceding month, less the corresponding amount transferred to the State General Fund pursuant to subsection 3 of NRS 377.050; and
2. That proportion of the total amount of taxes which derive from that portion of the tax levied at the rate of one-half of 1 percent collected pursuant to this chapter during the preceding month from out-of-state businesses not maintaining a fixed place of business within this State, less the corresponding amount transferred to the State General Fund pursuant to subsection 3 of NRS 377.050, which the population of that county, as certified by the Governor pursuant to NRS 360.285, bears to the total population of all counties, as certified by the Governor pursuant to NRS 360.285, which have in effect a city-county relief tax ordinance, and, except as otherwise required to carry out NRS 360.850 and 360.855, deposit the money in the Local Government Tax Distribution Account created by NRS 360.660 for credit to the respective subaccounts of each county.