Nev. Admin. Code § 361.795 — 361.795

NAC 361.795    “Entity parcel tax rate increase” defined. ( NRS 361.4733 )    “Entity parcel tax rate
increase” means:
1.  Except as otherwise provided in
subsection 2, the remainder obtained by subtracting the entity-adjusted parcel
tax rate of a taxing entity applicable to a parcel or other taxable unit of
property for the immediately preceding fiscal year from the rate of ad valorem
taxes imposed by or on behalf of that taxing entity on that property for the
current fiscal year; or
2.  If the remainder determined pursuant to
subsection 1 is a negative number, zero.
(Added to NAC by Com. on Local Gov’t Finance by R022-08,
4-17-2008, eff. 7-1-2008)