Nev. Rev. Stat. § 361A.90 — Legislative declaration

1.  It is the intent of the Legislature to:
(a) Constitute agricultural and open-space real
property as a separate class for taxation purposes; and
(b) Provide a separate plan for:
(1) Appraisal and valuation of such
property for assessment purposes; and
(2) Partial deferred taxation of such
property with tax recapture as provided in NRS
361A.280 and 361A.283 .
2.  The Legislature hereby declares that it
is in the best interest of the State to maintain, preserve, conserve and otherwise
continue in existence adequate agricultural and open-space lands and the
vegetation thereon to assure continued public health and the use and enjoyment
of natural resources and scenic beauty for the economic and social well-being
of the State and its citizens.
3.  The Legislature hereby further finds
and declares that the use of real property and improvements on that real
property as a golf course achieves the purpose of conserving and enhancing the
natural and scenic resources of this State and promotes the conservation of
open space.

ASSESSMENT OF AGRICULTURAL PROPERTY