Existing law authorizes the Office of Economic Development to approve an abatement or partial abatement of certain property taxes, business taxes and sales and use taxes in certain circumstances. (NRS 274.310, 274.320, 274.330, 360.750, 360.753, 360.754) Sections 1-6 of this bill provide that the total amount of such an abatement or partial abatement must not exceed $500,000.

Statutes affected:
As Introduced: 387.1212, 278C.250, 279.676, 361.453
Reprint 1: 360.750, 360.753, 360.754, 274.310, 274.320, 274.330
BDR: 387.1212, 278C.250, 279.676, 361.453