NAC701A.595. Final decision on eligibility; abatement to be prospective only.  


Latest version.
  •      1. If the Director issues a final decision in which he or she determines that an applicant has satisfied all the requirements for eligibility for a partial abatement of taxes, the final decision must include:

         (a) The terms of the partial abatement of taxes;

         (b) A certificate of eligibility; and

         (c) A copy of the abatement agreement executed by the Director and the applicant.

         2. A partial abatement of taxes approved by the Director is prospective only and must not be applied retroactively to any tax imposed before the execution of the abatement agreement between the Director and the applicant.

     (Added to NAC by Nev. Energy Comm’r by R094-10, eff. 8-13-2010; A by Office of Energy by R065-13, 2-26-2014)