NAC361.506. Formula for assessment.

The value for private car line companies will be:

     1. Six thousand dollars assessed valuation for each 219,000 miles traveled in Nevada for tank cars.

     2. Seven thousand dollars assessed valuation for each 255,000 miles traveled in Nevada for refrigeration cars.

     3. Six thousand dollars assessed valuation for each 255,000 miles traveled in Nevada by other types of cars, including, without limitation, stock, box, hopper and flat cars.

     [Tax Comm’n, Property Tax Reg. part No. 15I, eff. 10-30-79]—(NAC A 9-30-88)