Senate Bill No. 445–Committee on Government Affairs

 

(On Behalf of the Commission on Tourism)

 

March 24, 2003

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Referred to Committee on Government Affairs

 

SUMMARY—Revises provisions governing grants of money from Fund for the Promotion of Tourism by Committee for the Development of Projects Relating to Tourism. (BDR 18‑510)

 

FISCAL NOTE:  Effect on Local Government: No.

                           Effect on the State: No.

 

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.

 

AN ACT relating to tourism; eliminating the limit on the amount of revenue from taxes on the gross receipts from the rental of transient lodging that may be made available to the Committee for the Development of Projects Relating to Tourism for grants for the development of projects relating to tourism; eliminating the requirement that any money transferred from the Fund for the Promotion of Tourism to the State General Fund be approved by the Interim Finance Committee; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN

SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

 

1-1  Section 1. NRS 231.360 is hereby amended to read as follows:

1-2  231.360  1.  The Committee may provide grants of money to

1-3  counties, cities, and local and regional organizations in this state for

1-4  the development of projects relating to tourism to the extent that:

1-5  (a) Money in the Fund for the Promotion of Tourism created by

1-6  NRS 231.250 is made available for that purpose. [Not more than

1-7  $200,000 of revenue from taxes on the gross receipts from the rental

2-1  of transient lodging may be made available for that purpose in any

2-2  biennium.]

2-3  (b) Gifts, grants or other money is made available for that

2-4  purpose.

2-5  2.  [Except as otherwise provided in this subsection, the State

2-6  Controller shall, upon the request of the Committee, transfer to the

2-7  State General Fund all] All money made available for the use of the

2-8  Committee pursuant to subsection 1[. All such money] must be

2-9  accounted for separately in the State General Fund. [The State

2-10  Controller shall not transfer any revenue from taxes on the gross

2-11  receipts from the rental of transient lodging from the Fund for the

2-12  Promotion of Tourism to the State General Fund unless the transfer

2-13  is approved by the Interim Finance Committee.]

2-14      3.  The Committee shall administer the account created

2-15  pursuant to subsection 2 and may make grants only from that

2-16  account. Any interest earned on the money in the account must be

2-17  credited to the account quarterly. The money in the account does not

2-18  revert to the State General Fund at the end of any fiscal year and

2-19  must be carried forward to the next fiscal year.

2-20      4.  The Committee shall:

2-21      (a) Develop and administer the grant program for the

2-22  development of projects relating to tourism;

2-23      (b) Establish guidelines for the submission and review of

2-24  applications to receive money from the grant program;

2-25      (c) Establish the criteria for eligibility to receive money from the

2-26  grant program; and

2-27      (d) Consider and approve or disapprove applications for money

2-28  from the grant program.

2-29      5.  Except as otherwise provided in subsection 6, as a condition

2-30  of eligibility for a grant from the Committee pursuant to this section,

2-31  an applicant must provide an amount of money, at least equal to the

2-32  amount of the grant, for the same purpose.

2-33      6.  If an applicant for a grant is from a county whose population

2-34  is less than 100,000 and the Committee determines that the applicant

2-35  is financially unable to provide the matching money otherwise

2-36  required by subsection 5, the Committee may provide a grant with

2-37  less than equal matching money provided by the applicant.

2-38      Sec. 2.  This act becomes effective on July 1, 2003.

 

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