Assembly Bill No. 199–Assemblyman Hettrick

 

CHAPTER..........

 

AN ACT relating to counties; exempting the proceeds from the annual tax that a county may impose to support a county museum, art center or historical society from the limitation on allowed revenues from taxes ad valorem for the county; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN

SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

 

    Section 1. NRS 244.377 is hereby amended to read as follows:

    244.377  1.  The board of county commissioners of any county

may include in the annual budget of the county items to cover the

expense of maintaining a county museum, art center or historical

society.

    2.  The expenditures so budgeted may be met by including them

in the annual tax levy of the county , [;] but in no case may the tax

levy for such purposes in any 1 year exceed 5 cents on each $100 of

the assessed valuation of the property of that county.

    3.  The proceeds of the tax levy may be paid under contract to a

nonprofit historical society, nonprofit museum board or other

nonprofit board, committee or organization for their use in paying

salaries of museum or art center personnel, in building and

maintaining exhibits, in purchasing cabinets, in displaying items and

in conducting activities related to a museum or art center, but in no

case may such an organization or board make capital improvements

without the express approval of the board of county commissioners.

    4.  The proceeds of the tax levied pursuant to this section are

exempt from the limitation imposed by NRS 354.59811 and may be

excluded in determining the allowed revenue from taxes ad

valorem for the county.

    Sec. 2.  NRS 354.59811 is hereby amended to read as follows:

    354.59811  1.  Except as otherwise provided in NRS 244.377,

354.59813, 354.59815, 354.59818, 354.5982, 354.5987, 354.705,

354.723, 450.425, 450.760, 540A.265 and 543.600, for each fiscal

year beginning on or after July 1, 1989, the maximum amount of

money that a local government, except a school district, a district to

provide a telephone number for emergencies or a redevelopment

agency, may receive from taxes ad valorem, other than those

attributable to the net proceeds of minerals or those levied for the

payment of bonded indebtedness and interest thereon incurred as

general long-term debt of the issuer, or for the payment of

obligations issued to pay the cost of a water project pursuant to NRS

349.950, or for the payment of obligations under a capital lease

executed before April 30, 1981, must be calculated as follows:

    (a) The rate must be set so that when applied to the current fiscal

year’s assessed valuation of all property which was on the preceding

fiscal year’s assessment roll, together with the assessed valuation of

property on the central assessment roll which was allocated to the

local government, but excluding any assessed valuation attributable

to the net proceeds of minerals, assessed valuation attributable to a

redevelopment area and assessed valuation of a fire protection

district attributable to real property which is transferred from private

ownership to public ownership for the purpose of conservation, it

will produce 106 percent of the maximum revenue allowable from

taxes ad valorem for the preceding fiscal year, except that the rate so

determined must not be less than the rate allowed for the previous

fiscal year, except for any decrease attributable to the imposition of

a tax pursuant to NRS 354.59813 in the previous year.

    (b) This rate must then be applied to the total assessed valuation,

excluding the assessed valuation attributable to the net proceeds of

minerals and the assessed valuation of a fire protection district

attributable to real property which is transferred from private

ownership to public ownership for the purpose of conservation, but

including new real property, possessory interests and mobile homes,

for the current fiscal year to determine the allowed revenue from

taxes ad valorem for the local government.

    2.  As used in this section, “general long-term debt” does not

include debt created for medium-term obligations pursuant to NRS

350.087 to 350.095, inclusive.

    Sec. 3.  This act becomes effective on July 1, 2003.

 

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