Section 701A.615 - Duties of applicant: Maintenance of certain records; payment of taxes abated resulting from noncompliance of applicant or other person working on project or facility1. An applicant who has executed an abatement agreement with the Director shall: (a) Keep or cause to be kept a list of the names and contact information of each person, entity, contractor and subcontractor working on the construction of the project and operation of the facility who is authorized to claim the benefit of the partial abatement of taxes approved by the Director and the records required to be kept or caused to be kept pursuant to NRS 701A.377;(b) Ensure that the information contained in the list and records maintained pursuant to paragraph (a) is complete, current and accurate;(c) Ensure that the list and records maintained pursuant to paragraph (a) are available for inspection by the authorized employees or agents of the Director, the Department of Taxation, any county in which the facility is located and vendors during normal business hours; and(d) Ensure that each person, entity, contractor or subcontractor who is named on the list maintained pursuant to paragraph (a) complies with the terms of the abatement agreement.2. If the applicant or any other person, entity, contractor or subcontractor fails to comply with the terms of the abatement agreement, the applicant shall pay to the State of Nevada the amount of any sales and use taxes and the amount of any property taxes abated resulting from the noncompliance.Nev. Admin. Code § 701A.615
Added to NAC by Nev. Energy Comm'r by R094-10, eff. 8-13-2010; A by Office of Energy by R065-13, 2-26-2014; A by R045-21A, eff. 4/11/2022