Nevada § 360.7595 - Procedure for hearing application; commencement of principal photography; duty of production company to submit certain information and complete production within certain period; priority of certain applications

§ 360.7595. Procedure for hearing application; commencement of principal photography; duty of production company to submit certain information and complete production within certain period; priority of certain applications

1. If the Office of Economic Development receives an application for transferable

tax credits pursuant to NRS 360.759 , the Office shall, not later than 10 days before a hearing on the application, provide

notice of the hearing to: (a) The applicant; (b) The Department; and (c) The Nevada Gaming Control Board. 2. The notice required by this section must set forth the date, time and location

of the hearing on the application. The date of the hearing must be not later than 60 days after the Office receives

the completed application. 3. The Office shall issue a decision on the application not later than 30 days after

the conclusion of the hearing on the application. 4. Except as otherwise provided in this subsection, if the application is approved,

principal photography of the qualified production must begin not more than 90 days

after the date on which the decision on the application is issued. The Office of Economic Development: (a) Shall prescribe by regulation the procedure for determining the date of commencement

of qualified productions that do not include photography for the purposes of this

section. (b) May extend by not more than 90 days the period otherwise prescribed by this subsection. 5. A production company that produces a qualified production shall submit the audit

required by NRS 360.759 and all other required information to the Office and the Department within the time

required by paragraph (e) of subsection 3 of NRS 360.759 . Production of the qualified production must be completed within 18 months after

the date of commencement of principal photography. If the Office or the Department determines that information submitted pursuant to

this subsection is incomplete, the production company shall, not later than 30 days

after receiving notice that the information is incomplete, provide to the Office or

the Department, as applicable, all additional information required by the Office or

the Department. 6. The Office shall give priority to the approval and processing of an application

relating to a qualified production that promotes tourism in the State of Nevada.