Nevada § 361.0683 - Partial abatement of taxes imposed on personal property located at new or expanded data center
Full text of Nevada Nevada Revised Statutes § 361.0683 — Partial abatement of taxes imposed on personal property located at new or expanded data center, with citation guidance and answers to common questions.
§ 361.0683. Partial abatement of taxes imposed on personal property located at new or expanded data center
to NRS 360.754 , apply to the Office of Economic Development for a partial abatement from the taxes
imposed by this chapter on personal property located at the data center. 2. If a partial abatement from the taxes imposed by this chapter on personal property
located at the data center is approved by the Office of Economic Development pursuant
to NRS 360.754 : (a) The partial abatement must: (1) For an applicant seeking an abatement pursuant to paragraph (d) of subsection
2 of NRS 360.754 : (I) Be for a duration of at least 1 year but not more than 10 years; and (II) Not exceed 75 percent of the taxes payable by the data center each year pursuant
to this chapter on personal property located at the data center; (2) For an applicant seeking an abatement pursuant to paragraph (e) of subsection
2 of NRS 360.754 : (I) Be for a duration of at least 10 years but not more than 20 years; and (II) Subject to any limitation on the abatement set forth in NRS 360.750 , not exceed 75 percent of the taxes payable by the data center each year pursuant
to this chapter on personal property located at the data center; and (3) Be administered and carried out in the manner set forth in NRS 360.754 . (b) The Executive Director of the Office of Economic Development shall notify the
county assessor of each county in which the data center is located of the approval
of the partial abatement, including, without limitation, the duration and percentage
of the partial abatement that the Office granted and the applicability of the partial
abatement to any colocated business. The Executive Director shall, on or before April 15 of each year, advise the county
assessor of each county in which a data center qualifies for a partial abatement during
the current fiscal year as to whether the data center or any colocated business is
still eligible for the partial abatement in the next succeeding fiscal year. 3. As used in this section: (a) “ Colocated business ” has the meaning ascribed to it in NRS 360.754 . (b) “ Data center ” has the meaning ascribed to it in NRS 360.754 .
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 361.0683
What does Nevada Revised Statutes § 361.0683 cover?
Section 361.0683 ("Partial abatement of taxes imposed on personal property located at new or expanded data center") 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 § 361.0683?
A common citation format is "Nevada Revised Statutes § 361.0683" (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 § 361.0683 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.