Nev. Rev. Stat. § 445A.145

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 445A.145 - Administration: Limitations on expenditures; imposition and collection of fees to defray costs
1. The Administrator shall not:
(a) Spend more than the amount or percentage authorized pursuant to 33 U.S.C. §§ 1381 et seq. to administer the Account , provide technical assistance or for any other use authorized pursuant to federal law; or
(b) Use any money generated pursuant to NRS 445A.155 for the costs of administering the Account unless authorized by the Legislature.
2. The Administrator may impose and collect a fee from each eligible recipient which receives a loan or other financial assistance from the Account. The fee must be used to defray the costs of administering the Account.
3. If the Administrator imposes a fee, the Commission shall adopt regulations establishing the amount of the fee required to be collected pursuant to subsection 2.

NRS 445A.145

Added to NRS by 1989, 1258; A 1993, 645
Amended by 2023, Ch. 69,§11, eff. 5/30/2023.
Added to NRS by 1989, 1258; A 1993, 645