Nevada § 231.0695 - Office of Economic Development: Approval of partial tax abatement
Full text of Nevada Nevada Revised Statutes § 231.0695 — Office of Economic Development: Approval of partial tax abatement, with citation guidance and answers to common questions.
§ 231.0695. Office of Economic Development: Approval of partial tax abatement
1. For the purpose of any partial tax abatement which the Office is required or authorized
to approve, the Office shall be deemed to have approved the partial tax abatement: (a) Upon approval by the Board for partial tax abatements with a projected value to
a single entity of $500,000 or more; or (b) Upon approval by the Executive Director for partial tax abatements with a projected
value to a single entity of less than $500,000. 2. For the purposes of this section, “ projected value ” means the dollar value of the abatement requested by an entity plus the accumulated
value of all tax abatements received by that entity for the immediately preceding
2 years.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 231.0695
What does Nevada Revised Statutes § 231.0695 cover?
Section 231.0695 ("Office of Economic Development: Approval of partial tax abatement") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 231.0695?
A common citation format is "Nevada Revised Statutes § 231.0695" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 231.0695 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.