(Reprinted with amendments adopted on April 21, 2003)
FIRST REPRINT S.B. 490
Senate Bill No. 490–Committee on Natural Resources
(On Behalf of Washoe County)
March 24, 2003
____________
Referred to Committee on Taxation
SUMMARY—Authorizes use of money in infrastructure fund for operation and maintenance of flood control projects in certain counties. (BDR 32‑579)
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.
Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).
AN ACT relating to the tax for infrastructure; authorizing the boards of county commissioners of certain counties to use money in the infrastructure fund for the operation and maintenance of flood control projects; requiring the Board of County Commissioners of Washoe County to submit a progress report to the 73rd Session of the Nevada Legislature concerning certain flood control projects; 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 377B.160 is hereby amended to read as
1-2 follows:
1-3 377B.160 The money in the infrastructure fund, including
1-4 interest and any other income from the fund:
1-5 1. In a county whose population is 400,000 or more, must only
1-6 be expended by the water authority, distributed by the water
1-7 authority to its members, distributed by the water authority pursuant
1-8 to NRS 377B.170 to a city or town located in the county whose
1-9 territory is not within the boundaries of the area served by the water
1-10 authority or to a public entity in such a county which provides
1-11 water or wastewater services and which is not a member of the
2-1 water authority or, if no water authority exists in the county, by the
2-2 board of county commissioners for:
2-3 (a) The acquisition, establishment, construction, improvement or
2-4 equipping of water and wastewater facilities;
2-5 (b) The payment of principal and interest on notes, bonds or
2-6 other securities issued to provide money for the cost of projects
2-7 described in paragraph (a); or
2-8 (c) Any combination of those purposes.
2-9 The board of county commissioners may only expend money from
2-10 the infrastructure fund pursuant to this subsection in the manner set
2-11 forth in the plan adopted pursuant to subsection 6 of NRS 377B.100.
2-12 2. In a county whose population is 100,000 or more but less
2-13 than 400,000, must only be expended by the board of county
2-14 commissioners in the manner set forth in the plan adopted pursuant
2-15 to subsection 6 of NRS 377B.100 for:
2-16 (a) The acquisition, establishment, construction or expansion of:
2-17 (1) Projects for the management of floodplains or the
2-18 prevention of floods; or
2-19 (2) Facilities relating to public safety;
2-20 (b) The payment of principal and interest on notes, bonds or
2-21 other securities issued to provide money for the cost of projects
2-22 described in paragraph (a);
2-23 (c) The ongoing expenses of operation and maintenance of
2-24 projects described in subparagraph (1) of paragraph (a), if such
2-25 projects were included in a plan adopted by the board of county
2-26 commissioners pursuant to subsection 6 of NRS 377B.100 before
2-27 January 1, 2003; or
2-28 [(c)] (d) Any combination of those purposes.
2-29 3. In a county whose population is less than 100,000, must only
2-30 be expended by the board of county commissioners in the manner
2-31 set forth in the plan adopted pursuant to subsection 6 of NRS
2-32 377B.100 for:
2-33 (a) The acquisition, establishment, construction, improvement or
2-34 equipping of:
2-35 (1) Water facilities; or
2-36 (2) Wastewater facilities;
2-37 (b) The acquisition, establishment, construction or expansion of:
2-38 (1) Projects for the management of floodplains or the
2-39 prevention of floods; or
2-40 (2) Facilities for the disposal of solid waste;
2-41 (c) The construction or renovation of facilities for schools;
2-42 (d) The payment of principal and interest on notes, bonds or
2-43 other securities issued to provide money for the cost of projects
2-44 described in paragraphs (a), (b) and (c); or
2-45 (e) Any combination of those purposes.
3-1 Sec. 2. The Board of County Commissioners of Washoe
3-2 County shall submit a report to the 73rd Session of the Nevada
3-3 Legislature with regard to the progress that has been made by the
3-4 County in completing any projects described in subparagraph (1) of
3-5 paragraph (a) of subsection 2 of NRS 377B.160, including detailed
3-6 information regarding the amount of money expended from the
3-7 infrastructure fund pursuant to paragraph (c) of subsection 2 of NRS
3-8 377B.160, as amended by section 1 of this act.
3-9 Sec. 3. This act becomes effective upon passage and approval.
3-10 H