Nev. Admin. Code § 360.474 — 360.474

NAC 360.474    Factors considered by Commission. ( NRS 360.750 , 361.0687 ,
364A.170 , 374.357 ,
701A.210 )
1.  The Commission will consider an
application for a partial abatement if the goals of the applicant are
consistent with the goals of the Commission concerning industrial development
and diversification. The goals of the Commission include, without limitation:
(a) Diversification from the industries of gaming
and hospitality;
(b) The attraction of basic industries to this
State, including, without limitation, manufacturing, warehousing and
distribution;
(c) The attraction to this State of business
facilities and services, including, without limitation, corporate headquarters,
facilities for research and development, and facilities for services such as
technical assistance with products of the business or credit services; and
(d) The expansion of existing businesses and
industries that are consistent with the goals described in paragraphs (a), (b)
and (c).
2.  Before the Commission approves an
application for a partial abatement, the Commission will consider whether the
applicant:
(a) Complies with the requirements set forth in NRS 360.750 ;
(b) Commits to continue in operation in this State
for:
(1) At least 5 years; or
(2) The period specified in the agreement
executed by the applicant with the Commission pursuant to paragraph (b) of
subsection 2 of NRS 360.750 ,
Ê whichever is
later, after the date on which the applicant initially pays taxes to the
Department or the county treasurer, as applicable, after the partial abatement
has been approved by the Commission;
(c) Offers primary jobs; and
(d) If the application concerns a partial abatement
of the taxes imposed pursuant to chapter 364A or 374 of NRS, registers with the Department
on a form provided by the Department.
3.  As used in this section, “primary job”
means a position of employment offered by an applicant for a partial abatement,
the compensation for which is obtained from revenue that is generated outside
the economic region in which the business is located.
(Added to NAC by Comm’n on Econ. Development by R050-01,
eff. 11-9-2001)