Existing law imposes a $1,750 excise tax on a bank for each branch office maintained in this State in excess of one branch office maintained by the bank in each county of this State on the first day of each calendar quarter. Existing law requires the excise tax to be paid on or before the last day of the first month of the calendar quarter. (NRS 363A.120) This bill: (1) imposes the $1,750 excise tax on each branch office in excess of one branch office maintained by a bank in each county of this State on July 1 each year; and (2) requires the excise tax to be paid on or before July 31 each year.

Statutes affected:
As Introduced: 363A.120
Reprint 1: 363A.120
BDR: 363A.120