Nev. Rev. Stat. § 361.395 — Equalization of property values and review of tax rolls by State Board of Equalization; notice of proposed increase in valuation

NRS  361.395    Equalization of property values and review of tax rolls by State
Board of Equalization; notice of proposed increase in valuation.
1.  During the annual session of the State
Board of Equalization beginning on the fourth Monday in March of each year, the
State Board of Equalization shall:
(a) Equalize property valuations in the State.
(b) Review the tax rolls of the various counties
as corrected by the county boards of equalization thereof and raise or lower,
equalizing and establishing the taxable value of the property, for the purpose
of the valuations therein established by all the county assessors and county
boards of equalization and the Nevada Tax Commission, of any class or piece of
property in whole or in part in any county, including those classes of property
enumerated in NRS 361.320 .
2.  If the State Board of Equalization
proposes to increase the valuation of any property on the assessment roll:
(a) Pursuant to paragraph (b) of subsection 1, it
shall give 30 days’ notice to interested persons by first-class mail.
(b) In a proceeding to resolve an appeal or other
complaint before the Board pursuant to NRS
361.360 , 361.400 , 361.402 or 361.403 , it shall give 10 days’ notice to
interested persons by registered or certified mail or by personal service.
Ê A notice
provided pursuant to this subsection must state the time when and place where
the person may appear and submit proof concerning the valuation of the
property. A person waives the notice requirement if he or she personally
appears before the Board and is notified of the proposed increase in valuation.