Nevada § 354.6116 - Revenue from taxes ad valorem from lessee or user of certain taxable property to be deposited in or transferred to certain funds

Full text of Nevada Nevada Revised Statutes § 354.6116 — Revenue from taxes ad valorem from lessee or user of certain taxable property to be deposited in or transferred to certain funds, with citation guidance and answers to common questions.

§ 354.6116. Revenue from taxes ad valorem from lessee or user of certain taxable property to be deposited in or transferred to certain funds

A local government, except a school district, that receives revenue from taxes ad

valorem from a lessee or user of property which is taxable pursuant to NRS 361.157 or 361.159 shall deposit the revenue in or transfer the revenue to one or more of the funds

established by the local government pursuant to NRS 354.6113 or 354.6115 and use that revenue only for the purposes authorized by those sections if the revenue

was received in: 1. A fiscal year after the fiscal year the taxes were owed; or 2. The fiscal year the taxes are owed and the taxes were excluded from the estimate

of revenue from taxes ad valorem for the local government pursuant to NRS 354.597 .

Source: official Nevada text · Last verified 2026-08-27

Frequently Asked Questions About Nevada § 354.6116

What does Nevada Revised Statutes § 354.6116 cover?

Section 354.6116 ("Revenue from taxes ad valorem from lessee or user of certain taxable property to be deposited in or transferred to certain funds") 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 § 354.6116?

A common citation format is "Nevada Revised Statutes § 354.6116" (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 § 354.6116 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.