NAC231.053. Certification of businesses for certain benefits: “Consistent with the State Plan for Economic Development” interpreted.

For the purposes of NRS 231.139, a business is “consistent with the State Plan for Economic Development” if:

     1. The business being considered for the benefits provided pursuant to NRS 704.223 is the type of business that is consistent with the current goals of the Office concerning industrial development and diversification, as evidenced by the Office’s certification of the business;

     2. The average hourly wage paid by the business to its employees in this State is at least equal to the average statewide industrial hourly wage as established by the Employment Security Division of the Department of Employment, Training and Rehabilitation on July 1 of each fiscal year;

     3. The business provides a health insurance plan for all employees that includes, without limitation, an option for health insurance coverage for dependents of employees;

     4. The business is registered pursuant to the laws of this State or the applicant commits to obtain a valid business license and any other permit required by the state, county, city or town in which the business operates;

     5. The business has:

     (a) Obtained a statement from the governing body of the affected county, school district and city, if applicable, that is signed and dated, indicating that the county, school district or city acknowledges the possibility of the business obtaining the benefits provided pursuant to NRS 704.223 if the Office certifies the business; and

     (b) Provided a copy of the statement described in paragraph (a) to the Office;

     6. If the business is applying for an abatement pursuant to paragraph (a) of subsection 1 of NRS 701A.210, the business agrees to provide the Office, at its request, with proof that the business is in compliance with the provisions of that paragraph; and

     7. The business has executed an agreement with the Office that grants the Office the right to review any document which the Office determines is necessary to verify the eligibility of the business for the benefits provided pursuant to NRS 704.223.

     (Added to NAC by Comm’n on Econ. Development by R145-07, eff. 4-17-2008)