Nev. Rev. Stat. § 375.26 — Optional imposition of additional tax in certain counties; rate and collection of tax; disposition and use of proceeds

NRS  375.026    Optional imposition of additional tax in certain counties; rate
and collection of tax; disposition and use of proceeds.
1.  In addition to all other taxes imposed
on transfers of real property, the board of county commissioners of a county whose
population is less than 700,000 may impose a tax at the rate of up to 5 cents
for each $500 of value, or fraction thereof, on each deed by which any lands,
tenements or other realty is granted, assigned, transferred or otherwise
conveyed to, or vested in, another person, or land sale installment contract,
if the consideration or value of the interest or property conveyed exceeds
$100.
2.  The amount of the tax must be computed
on the basis of the value of the real property that is the subject of the
transfer or land sale installment contract as declared pursuant to NRS 375.060 .
3.  The county recorder shall collect the
tax in the manner provided in NRS 375.030 ,
except that he or she shall transmit all the proceeds from the tax imposed
pursuant to this section to the State Treasurer for use as required by NRS 561.355 .