Nevada § 231.053 - Executive Director of Office of Economic Development: Responsibility for Office; State Plan for Economic Development; regional development authorities; gifts, donations, bequests, grants and other sources of money for economic development; regulations; reorganization of programs of economic development; recommendations for changes in laws

§ 231.053. Executive Director of Office of Economic Development: Responsibility for Office; State Plan for Economic Development; regional development authorities; gifts, donations, bequests, grants and other sources of money for economic development; regulations; reorganization of programs of economic development; recommendations for changes in laws

After considering any advice and recommendations of the Board, the Executive Director: 1. Shall direct and supervise the administrative and technical activities of the Office. 2. Shall develop and may periodically revise a State Plan for Economic Development,

which: (a) Must include a statement of: (1) New industries which have the potential to be developed in this State; (2) The strengths and weaknesses of this State for business incubation; (3) The competitive advantages and weaknesses of this State; (4) The manner in which this State can leverage its competitive advantages and address

its competitive weaknesses; (5) The manner in which this State can maximize the efficient use of the water resources

of this State through the programs of economic development in this State; (6) A strategy to encourage the creation and expansion of businesses in this State

and the relocation of businesses to this State; and (7) Potential partners for the implementation of the strategy, including, without

limitation, the Federal Government, local governments, local and regional organizations

for economic development, chambers of commerce, and private businesses, investors

and nonprofit entities; and (b) Must not include provisions for the granting of any abatement, partial abatement

or exemption from taxes or any other incentive for economic development to a person

who will locate or expand a business in this State that is subject to the tax imposed

pursuant to NRS 362.130 or the gaming license fees imposed by the provisions of NRS 463.370 . 3. Shall develop criteria for the designation of regional development authorities

pursuant to subsection 4. 4. Shall designate as many regional development authorities for each region of this

State as the Executive Director determines to be appropriate to implement the State

Plan for Economic Development. In designating regional development authorities, the Executive Director must consult

with local governmental entities affected by the designation. The Executive Director may, if he or she determines that such action would aid in

the implementation of the State Plan for Economic Development, remove the designation

of any regional development authority previously designated pursuant to this section

and declare void any contract between the Office and that regional development authority. 5. Shall establish procedures for entering into contracts with regional development

authorities to provide services to aid, promote and encourage the economic development

of this State. 6. May apply for and accept any gift, donation, bequest, grant or other source of

money to carry out the provisions of NRS 231.020 to 231.139 , inclusive, and 231.1555 to 231.1597 , inclusive. 7. May adopt such regulations as may be necessary to carry out the provisions of NRS 231.020 to 231.139 , inclusive, and 231.1555 to 231.1597 , inclusive. 8. In a manner consistent with the laws of this State, may reorganize the programs

of economic development in this State to further the State Plan for Economic Development. If, in the opinion of the Executive Director, changes to the laws of this State

are necessary to implement the economic development strategy for this State, the Executive

Director must recommend the changes to the Governor and the Legislature.