Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter701A Energy-Related Tax Incentives |
GREEN BUILDINGS: ELIGIBILITY FOR PARTIAL ABATEMENT OF PROPERTY TAXES |
NAC701A.280. Duration of partial tax abatement based upon number of points awarded for energy conservation by U.S. Green Building Council or Green Building Initiative.
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1. If the Director issues a certificate of eligibility pursuant to NAC 701A.240 for a building or other structure that meets the equivalent of the silver level or higher under the LEED standard for LEED-NC or LEED-CS, or that meets the equivalent of the rating of two globes or higher under the Green Globes standard for GG-NC, the Director will set the duration of the partial tax abatement for the building or other structure based upon the number of points awarded by the U.S. Green Building Council or Green Building Initiative, as applicable, for energy conservation in the Optimize Energy Performance credit or Energy Performance section under the applicable LEED standard or Green Globes standard as provided in the following table:
LEED or Green Globes Certification Level
5-6 points in the Optimize Energy Performance credit category (LEED) or 32-39 points in the Energy Performance section (Green Globes)
7-10 points in the Optimize Energy Performance credit category (LEED) or 40-55 points in the Energy Performance section (Green Globes)
11-12 points in the Optimize Energy Performance credit category (LEED) or 56-63 points in the Energy Performance section (Green Globes)
13-14 points in the Optimize Energy Performance credit category (LEED) or 64-71 points in the Energy Performance section (Green Globes)
15-16 points in the Optimize Energy Performance credit category (LEED) or 72-79 points in the Energy Performance section (Green Globes)
17-21 points in the Optimize Energy Performance credit category (LEED) or 80-100 points in the Energy Performance section (Green Globes)
Silver level or 2 globes
25 percent
abatement
for 5 years
25 percent
abatement
for 6 years
25 percent
abatement
for 7 years
25 percent
abatement
for 8 years
25 percent
abatement
for 9 years
25 percent
abatement
for 10 years
Gold level or 3 globes
25 percent
abatement
for 5 years
30 percent
abatement
for 6 years
30 percent
abatement
for 7 years
30 percent
abatement
for 8 years
30 percent
abatement
for 9 years
30 percent
abatement
for 10 years
Platinum level or 4 globes
25 percent
abatement
for 5 years
30 percent
abatement
for 6 years
35 percent
abatement
for 7 years
35 percent
abatement
for 8 years
35 percent
abatement
for 9 years
35 percent
abatement
for 10 years
2. If the Director issues a certificate of eligibility pursuant to NAC 701A.240 for a building or other structure that meets the equivalent of the silver level or higher under the LEED standard for LEED-EB, or that meets the equivalent of the rating of two globes or higher under the Green Globes standard for GG-CIEB, the Director will set the duration of the partial tax abatement for the building or other structure based upon the number of points awarded by the U.S. Green Building Council or Green Building Initiative, as applicable, for energy conservation in the Optimize Energy Performance credit or Energy Performance section under the applicable LEED standard or Green Globes standard as provided in the following table:
LEED or Green Globes Certification Level
5-6 points in the Optimize Energy Performance credit category (LEED) or 32-39 points in the Energy Performance section (Green Globes)
7-10 points in the Optimize Energy Performance credit category (LEED) or 40-55 points in the Energy Performance section (Green Globes)
11-12 points in the Optimize Energy Performance credit category (LEED) or 56-63 points in the Energy Performance section (Green Globes)
13-14 points in the Optimize Energy Performance credit category (LEED) or 64-71 points in the Energy Performance section (Green Globes)
15-16 points in the Optimize Energy Performance credit category (LEED) or 72-79 points in the Energy Performance section (Green Globes)
17-21 points in the Optimize Energy Performance credit category (LEED) or 80-100 points in the Energy Performance section (Green Globes)
Silver level or 2 globes
25 percent
abatement
for 5 years
25 percent
abatement
for 5 years
25 percent
abatement
for 5 years
25 percent
abatement
for 5 years
25 percent
abatement
for 5 years
25 percent
abatement
for 5 years
Gold level or 3 globes
25 percent
abatement
for 5 years
30 percent
abatement
for 5 years
30 percent
abatement
for 5 years
30 percent
abatement
for 5 years
30 percent
abatement
for 5 years
30 percent
abatement
for 5 years
Platinum level or 4 globes
25 percent
abatement
for 5 years
30 percent
abatement
for 5 years
35 percent
abatement
for 5 years
35 percent
abatement
for 5 years
35 percent
abatement
for 5 years
35 percent
abatement
for 5 years
(Added to NAC by Office of Energy by R116-07, eff. 12-4-2007; A by R127-13, 6-23-2014)