Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 377B.130 - Remittances to Department; deposit in Sales and Use Tax Account; distribution1. All fees, taxes, interest and penalties imposed and all amounts of tax required to be paid to the counties pursuant to this chapter must be paid to the Department in the form of remittances payable to the Department.2. The Department shall deposit the payments with the State Treasurer for credit to the Sales and Use Tax Account in the State General Fund.3. The State Controller, acting upon the collection data furnished by the Department, shall monthly:(a) Transfer from the Sales and Use Tax Account to the appropriate account in the State General Fund 1.75 percent of all fees, taxes, interest and penalties collected pursuant to this chapter during the preceding month as compensation to the State for the cost of collecting the taxes.(b) Determine for each county an amount of money equal to any fees, taxes, interest and penalties collected in or for that county pursuant to this chapter during the preceding month, less the amount transferred to the State General Fund pursuant to paragraph (a).(c) Transfer the amount determined for each county to the Intergovernmental Fund and remit the money:(1) In each county whose population is 700,000 or more and in which a water authority exists, to the treasurer for the water authority.(2) In each county whose population is less than 700,000 or each county whose population is 700,000 or more and in which no water authority exists, to the county treasurer.Added to NRS by 1997, 2398; A 2009, 2091; 2011, 1241Added to NRS by 1997, 2398; A 2009, 2091; 2011, 1241