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- 83rd Session (2025)
Assembly Bill No. 11–Committee on Revenue
CHAPTER..........
AN ACT relating to the Department of Taxation; revising the
requirement for the Department of Taxation to submit a copy
of its proposed budget and proposed legislation to the Nevada
Tax Commission; and providing other matters properly
relating thereto.
Legislative Counsel’s Digest:
Existing law creates the Nevada Tax Commission and designates the
Commission as the head of the Department of Taxation. (NRS 360.010, 360.120)
Under certain circumstances, existing law requires the Commission to hold a
meeting on June 25 or, if June 25 falls on a Saturday or Sunday, on the following
Monday, to set the tax rates for certain local governments if the combined ad
valorem tax rate within a county will exceed the statutory limit. (NRS 361.455)
Existing law requires the Department, in each even-numbered year, to submit to the
Commission a copy of the proposed budget for the Department and legislation
proposed by the Department at this meeting or, if no such meeting is held that year,
at another meeting conducted by the Commission in June of that year. (NRS
360.105) This bill requires the Department to submit a copy of its proposed budget
and legislation proposed by the Department to the Commission at a meeting held in
January of each odd-numbered year rather than June of each even-numbered year.
EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN
SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
Section 1. NRS 360.105 is hereby amended to read as follows:
360.105 [1. The] During January of each odd -numbered
year, the Department shall [in each even-numbered year,] submit to
the Nevada Tax Commission , at [the] a meeting [conducted by] of
the Commission , [pursuant to NRS 361.455 or, if no such meeting
is conducted during that year, at the meeting conducted by the
Commission pursuant to subsection 2, ] a copy of the proposed
budget for the Department for the next 2 fiscal years and legislation
proposed by the Department [.
2. If the Nevada Tax Commission does not meet pursuant to
NRS 361.455 in an even-numbered year, it shall meet during June of
that year to accept the proposed budget for the Department and
legislation proposed by the Department. ] for consideration by the
Legislature at its next regular session.
Sec. 2. This act becomes effective upon passage and approval.
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