Nev. Rev. Stat. § 361.4715

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 361.4715 - "Combined overlapping tax rate" defined

"Combined overlapping tax rate" means the total ad valorem tax rate levied on a parcel or other taxable unit of property, excluding any portion thereof which is:

1. Exempt pursuant to NRS 361.4726 or subsection 3 of NRS 361.4727 from each partial abatement from taxation provided pursuant to NRS 361.4722, 361.4723 and 361.4724; or

2. Approved and levied pursuant to NRS 361.4728 and exempt from each partial abatement from taxation provided pursuant to NRS 361.4722, 361.4723 and 361.4724.

NRS 361.4715

Added to NRS by 2005, 1740