Nev. Admin. Code § 361.609

Current through November 8, 2024

Section 361.609 - Summary reports of property taxes billed on behalf of each taxing entity

A county tax receiver shall, not later than:

1. September 1 of each year, submit to the Department and each taxing entity a summary report of the total amount of property taxes billed on behalf of each taxing entity for the current tax year for property on the secured tax roll. The report must separately state for each taxing entity:

(a) The total number of parcels or other taxable units of property for which the property taxes were billed;

(b) The total assessed value of the property for which the property taxes were billed;

(c) The total amount of the property taxes that would have been billed if not for the application of any general abatement, primary residential abatement or residential rental abatement;

(d) The total amount of any reduction in billable property taxes as a result of the application of any general abatement, primary residential abatement or residential rental abatement;

(e) The total amount of any reduction in billable property taxes as a result of the application of any exemptions from taxation other than a general abatement, a primary residential abatement or a residential rental abatement;

(f) The total amount of any taxes billed pursuant to NRS 361.4725;

(g) The total amount of any taxes exempted from each partial abatement from taxation provided pursuant to NRS 361.4722, 361.4723 and 361.4724; and

(h) The total amount of property taxes actually billed.

2. June 1 of each year, submit to the Department and each taxing entity a summary report of the total amount of property taxes billed on behalf of each taxing entity for the current tax year for property on the unsecured tax roll. The report must separately state for each taxing entity:

(a) The total assessed value of the property for which the property taxes were billed;

(b) The total amount of the property taxes that would have been billed if not for the application of any general abatement, primary residential abatement or residential rental abatement;

(c) The total amount of any reduction in billable property taxes as a result of the application of any general abatement, primary residential abatement or residential rental abatement;

(d) The total amount of any reduction in billable property taxes as a result of the application of any exemptions from taxation other than a general abatement, a primary residential abatement or a residential rental abatement;

(e) The total amount of any taxes billed pursuant to NRS 361.4725;

(f) The total amount of any taxes exempted from each partial abatement from taxation provided pursuant to NRS 361.4722, 361.4723 and 361.4724; and

(g) The total amount of property taxes actually billed.

Nev. Admin. Code § 361.609

Added to NAC by Tax Comm'n by R011-06, eff. 5-4-2006

NRS 360.090