NAC361.605. General responsibilities of Department.

     1. The Department shall:

     (a) Determine the appropriate abatement percentage for the application of a general abatement in each county each year and provide that information to the appropriate county tax receiver.

     (b) Determine whether any property of an interstate or intercounty nature is:

          (1) Eligible for a general abatement; or

          (2) Ineligible for a general abatement,

Ê and calculate and apply the appropriate amount of any general abatement to which the property is determined to be eligible.

     (c) Determine whether any property valued pursuant to paragraph (b) of subsection 1 of NRS 362.100 is:

          (1) Eligible for a general abatement; or

          (2) Ineligible for a general abatement,

Ê and provide that information to the county assessor of the county in which the property is located.

     2. If the Department determines that:

     (a) Any property of an interstate or intercounty nature has been erroneously designated as eligible for a general abatement, the Department may appropriately revise that designation and transmit an appropriately revised tax bill to the taxpayer.

     (b) Any property valued pursuant to paragraph (b) of subsection 1 of NRS 362.100 has been erroneously designated as eligible for a general abatement, the Department may appropriately revise that designation and the county tax receiver may transmit an appropriately revised tax bill to the taxpayer.

Ê If a change in the designation of any property pursuant to this subsection results in an increase in the liability of the taxpayer for property taxes, the Department shall inform the taxpayer of the change in the designation of the property and the reasons for that change.

     (Added to NAC by Tax Comm’n by R011-06, eff. 5-4-2006)