NRS 361.530 Reservation and disposition of commission on personal property tax collected.
118 words·~1 min read·
/nv/chapter-361-property-tax/361-530·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 361.530 Reservation and disposition of commission on personal property tax collected.
1. Except as otherwise provided in this section, on all money collected from personal property tax by the several county assessors and county treasurers, there must be reserved and paid into the county treasury, for the benefit of the general fund of their respective counties, by the county assessor or county treasurer, a percentage commission of 8 percent on the gross amount of collections from personal property tax.
2. One-quarter of the commission reserved pursuant to subsection 1 must be accounted for separately in the Account for the Acquisition and Improvement of Technology in the Office of the County Assessor created pursuant to NRS 250.085 .