Senate Bill No. 198

Senate Bill No. 198-Committee on Taxation

CHAPTER

152

AN ACT relating to taxation; exempting aviation fuel and leaded racing fuel from the tax on motor vehicle fuel that certain counties may impose; and providing other matters properly relating thereto.

[Approved June 12, 1997]

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

~^
Section 1. NRS 373.030 is hereby amended to read as follows:
373.030 1. In any county for all or part of which a streets and highways plan has been adopted as a part of the master plan by the county or regional planning commission pursuant to NRS 278.150, the board may by ordinance:
(a) Create a regional transportation commission; and
(b) Impose a tax on motor vehicle fuel , except aviation fuel and leaded racing fuel, sold in the county in an amount not to exceed 9 cents per gallon.
2. A tax imposed pursuant to this section is in addition to other motor vehicle fuel taxes imposed pursuant to the provisions of chapter 365 of NRS.
3. As used in this section:
(a) "Aviation fuel" has the meaning ascribed to it in NRS 365.015.
(b) "Leaded racing fuel" means motor vehicle fuel that contains lead and is produced for motor vehicles that are designed and built for racing and not for operation on a public highway.
Sec. 2. NRS 373.150 is hereby amended to read as follows:
373.150 1. [Except as otherwise provided in subsection 3, any] Any city or town whose territory is not included wholly or in part in a regional plan for transportation established pursuant to NRS 373.1161 may receive a distribution in aid of an approved construction project from the regional street and highway fund, which [shall] must not exceed the amount allocated to such city or town [under] pursuant to subsection 2.
2. The share of revenue from the county motor vehicle fuel tax allocated to [each such] a city or town pursuant to subsection 1 must be in the proportion which its total assessed valuation bears to the total assessed valuation of the entire county. Any amount so allocated which is not distributed currently in aid of an approved project must remain in the fund to the credit of that city or town.
[3. The unrefunded balance of the tax collected under this chapter which is subject to refund by reason of the use of such taxed fuel as aviation fuel, must be allocated to the local governments which own or control any airports, landing areas and air navigation facilities within the county in the manner and for the purposes described in NRS 494.046.]
Sec. 3. This act becomes effective on July 1, 1997.
________