Nevada § 278C.130 - “Tax increment area” defined
Full text of Nevada Nevada Revised Statutes § 278C.130 — “Tax increment area” defined, with citation guidance and answers to common questions.
§ 278C.130. “Tax increment area” defined
“ Tax increment area ” means the area: 1. Whose boundaries are coterminous with those of a specially benefited zone established
as provided in NRS 278C.150 ; 2. Specially benefited by an undertaking under this chapter; 3. Designated by ordinance as provided in NRS 278C.220 ; and 4. In which is located: (a) The taxable property the assessed valuation of which is the basis for the allocation
of tax proceeds to the tax increment account pursuant to paragraph (a) of subsection
1 of NRS 278C.250 ; and (b) If the undertaking is a natural resources project or a rail project for which
the municipality has received approval from the Interim Finance Committee pursuant
to NRS 278C.157 : (1) The persons from which the tax on the sale or use of tangible personal property
is the basis for the allocation of tax proceeds to the tax increment account pursuant
to paragraph (b) of subsection 1 of NRS 278C.250 ; and (2) The employers from which the tax imposed pursuant to NRS 363A.130 and 363B.110 is the basis for the allocation of tax proceeds to the tax increment account pursuant
to paragraph (c) of subsection 1 of NRS 278C.250 .
Frequently Asked Questions About Nevada § 278C.130
What does Nevada Revised Statutes § 278C.130 cover?
Section 278C.130 ("“Tax increment area” defined") 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 § 278C.130?
A common citation format is "Nevada Revised Statutes § 278C.130" (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 § 278C.130 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.