Nev. Rev. Stat. § 361.80 — Exemption of property of surviving spouses

1.  The property of surviving spouses, not
to exceed the amount of $1,000 assessed valuation, is exempt from taxation, but
no such exemption may be allowed to anyone but a bona fide resident of this
State, and must be allowed in but one county in this State to the same family.
2.  For the purpose of this section,
property in which the surviving spouse has any interest shall be deemed the
property of the surviving spouse.
3.  The person claiming such an exemption
must file with the county assessor an affidavit declaring that the person is a
bona fide resident of this State and that the exemption has been claimed in no
other county in this State. The affidavit must be made before the county
assessor or a notary public. After the filing of the original affidavit, the
county assessor shall, except as otherwise provided in this subsection, mail a
form for renewal of the exemption to the person each year following a year in
which the exemption was allowed for that person. The form must be designed to
facilitate its return by mail by the person claiming the exemption. If so
requested by the person claiming the exemption, the county assessor may provide
the form to the person by electronic means in lieu of by mail. The county
assessor may authorize the return of the form by electronic means in accordance
with the provisions of chapter 719 of NRS.
4.  A surviving spouse is not entitled to
the exemption provided by this section in any fiscal year beginning after any
remarriage, even if the remarriage is later annulled.
5.  If any person files a false affidavit
or provides false proof to the county assessor or a notary public and, as a
result of the false affidavit or false proof, the person is allowed a tax
exemption to which the person is not entitled, the person is guilty of a gross
misdemeanor.
6.  Beginning with the 2005-2006 Fiscal
Year, the monetary amount in subsection 1 must be adjusted for each fiscal year
by adding to the amount the product of the amount multiplied by the percentage
increase in the Consumer Price Index (All Items) from July 2003 to the July
preceding the fiscal year for which the adjustment is calculated. The
Department shall provide to each county assessor the adjusted amount, in
writing, on or before September 30 of each year.