Nev. Rev. Stat. § 360.7596 — Abatement of city or county permitting fee or licensing fee; reporting of such abatements to Governor and Legislature

NRS  360.7596    Abatement of city or county permitting fee or licensing fee;
reporting of such abatements to Governor and Legislature.
1.  For the purpose of encouraging local
economic development, the governing body of a city or county may grant to a
production company that produces a qualified production for which a certificate
of eligibility for transferable tax credits has been approved pursuant to NRS 360.759 an abatement of all or any
percentage of the amount of any permitting fee or licensing fee which the local
government is authorized to impose or charge pursuant to chapter 244 or 268
of NRS.
2.  Before granting any abatement pursuant
to this section, the governing body of the city or county must provide by
ordinance for a pilot project for granting abatements to production companies
for which a certificate of eligibility for transferable tax credits has been
approved pursuant to NRS 360.759 .
3.  A governing body of a city or county
that grants an abatement pursuant to this section shall, on or before October 1
of each year in which such an abatement is granted, prepare and submit to the
Governor and to the Director of the Legislative Counsel Bureau for transmittal
to the Legislature an annual report which includes, for the immediately
preceding fiscal year:
(a) The number of qualified productions produced
within the jurisdiction of the governing body for which a certificate of
eligibility for transferable tax credits was approved;
(b) The number and dollar value of the abatements
granted by the governing body pursuant to this section;
(c) The number of persons within the jurisdiction
of the governing body that were employed by each qualified production and the
amount of wages paid to those persons; and
(d) The period during which each qualified
production was produced within the jurisdiction of the governing body.