Nevada § 279.6096 - Partial withholding of incentive by agency
Full text of Nevada Nevada Revised Statutes § 279.6096 — Partial withholding of incentive by agency, with citation guidance and answers to common questions.
§ 279.6096. Partial withholding of incentive by agency
1. Except as otherwise provided in subsection 2, if an agency proposes to provide
an incentive to a developer for a redevelopment project, an amount equal to 10 percent
of the amount of the proposed incentive must be withheld by the agency and must not
be paid to the developer until: (a) At least 15 percent of all employees of contractors, subcontractors, vendors and
suppliers of the developer are bona fide residents of a redevelopment area described
in NRS 279.6092 , an area in the city for which the legislative body has adopted a specific plan for
neighborhood revitalization or which is eligible for a community development block
grant pursuant to 24 C.F.R. Part 570 , or the Southern Nevada Enterprise Community; (b) At least 15 percent of all jobs created by employers who relocate to the redevelopment
area are filled by bona fide residents of any of the areas described in paragraph
(a); and (c) The developer satisfies all reporting requirements as described in NRS 279.6098 . 2. If an agency provides incentives in a form other than cash to a developer for a
redevelopment project, the developer shall deposit an amount of money with the agency
equal to 10 percent of the value of such incentives as agreed upon between the agency
and the developer. If the developer satisfies the requirements of subsection 1, the agency shall return
the deposit required by this subsection to the developer.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 279.6096
What does Nevada Revised Statutes § 279.6096 cover?
Section 279.6096 ("Partial withholding of incentive by agency") 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 § 279.6096?
A common citation format is "Nevada Revised Statutes § 279.6096" (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 § 279.6096 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.