Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter701A Energy-Related Tax Incentives |
RENEWABLE ENERGY FACILITIES: PARTIAL ABATEMENT OF TAXES |
NAC701A.620. Annual compliance report; notice of compliance to certain governmental entities.
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1. Each applicant who executes an abatement agreement with the Director shall file an annual compliance report with the Director on the form prescribed by the Director. The applicant shall file the annual compliance report on or before the anniversary date of the abatement agreement. The annual compliance report must include all information and documentation required by the Director.
2. The Director will review each annual compliance report as soon as practicable after receipt of the annual compliance report from the applicant. An annual compliance report which is incomplete will be rejected and shall be deemed not to have been filed. If the Director determines that additional information is required to determine whether the applicant is in compliance with the terms of the abatement agreement, the Director may request additional information from the applicant.
3. If the Director determines that the annual compliance report and any additional information requested by the Director establish that the applicant is in compliance with the terms of the abatement agreement, the Director will notify the applicant of the determination in writing and provide a copy of the notice to:
(a) The Department of Taxation;
(b) The board of county commissioners of each county in which the project or facility is located;
(c) The county assessor of each county in which the project or facility is located; and
(d) The county treasurer of each county in which the project or facility is located.
(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)