Nevada Revised Statutes — Title 32 (Revenue and Taxation)
Nev. Rev. Stat. § 373.150 — Distribution of revenue to cities and towns not included in regional plan for transportation; use of money for projects
NRS 373.150 Distribution of revenue to cities and towns not included in
regional plan for transportation; use of money for projects.
1. Any city or town whose territory is not
included wholly or in part in a regional plan for transportation established
pursuant to NRS 277A.210 may receive a
distribution in aid of an approved construction project from the regional
street and highway fund, which must not exceed the amount allocated to such
city or town pursuant to subsection 2.
2. The share of revenue from the county
fuel tax allocated to a city or town pursuant to subsection 1 must be in the
proportion which its total assessed valuation bears to the total assessed
valuation of the entire county. Any amount so allocated which is not
distributed currently in aid of an approved project must remain in the fund to
the credit of that city or town.
Source: official text