Nev. Rev. Stat. § 361.797 — Allowance for taxes on property admitted to state program for preservation of railroad lines on which service has been discontinued

NRS  361.797    Allowance for taxes on property admitted to state program for
preservation of railroad lines on which service has been discontinued.
1.  As used in this section:
(a) “Program” means the state program established
by NRS 705.425 for the physical
preservation, in place, of property of certain lines of railroad while service
on such lines is discontinued.
(b) “Property” means the trackage and other
operating rail properties of a line of railroad.
(c) “Taxes accrued” means the taxes (exclusive of
special assessments, delinquent taxes and interest) levied on the property of a
line of railroad which are due and payable during July, immediately succeeding
the date on which the owner of the property files a claim for an allowance
under this section.
2.  The owner of property which is placed
upon the tax roll and has been admitted to the program by the Department of
Transportation is entitled to an allowance equal to the taxes accrued against
such property.
3.  A claim for an allowance under the
program may be filed with the assessor of the county in which the claimant’s
property is located between January 15 and April 30, inclusive. The claim must
be made under oath or affirmation and filed in such form and content and
accompanied by such proof as the Department may prescribe. The county assessor
shall furnish the appropriate form to each claimant.
4.  The county assessor shall, within 10
days after receiving a claim, determine the assessed valuation of the property
to which the claim applies and submit the claim to the Department. The
Department shall examine the claim and may obtain from the Department of
Transportation any information necessary to verify whether the line of railroad
which is the subject of the claim has been admitted to the program, and if so,
the date of admission and the identification of the owner of the line.
5.  The Department shall grant or deny each
claim and shall notify both the claimant and the county assessor of its
decision not later than June 30.
6.  If the claim is granted, the county
assessor immediately shall notify the auditor and ex officio tax receiver of
the county, who shall make such adjustments with respect to the tax roll and
the claimant’s tax bill as are necessary to carry into effect the allowance
granted to the claimant.
7.  The ex officio tax receiver of the
county shall send to the Department a statement showing the allowances granted
pursuant to this section. Upon verification and audit of the allowances, the
Department shall authorize reimbursement to the county by the State from money
appropriated for that purpose.
8.  The Department shall adopt such
regulations as are necessary to carry out the provisions of this section.
9.  Any person who willfully makes a
materially false statement on a claim filed under this section or produces
false proof, and as a result of such false statement or false proof an
allowance is granted to a person not entitled to the allowance, is guilty of a
gross misdemeanor.

RECOVERY FEES FOR TAXES ON HEAVY EQUIPMENT RENTAL PROPERTY