Nevada § 428.285 - Levy of tax ad valorem for remittance to fund and Intergovernmental Transfer Account; certain smaller counties to remit certain amount of money to allow State Plan for Medicaid to include payment of certain expenditures relating to long-term care; certain counties to remit certain amount for credit to Fund for Hospital Care to Indigent Persons

§ 428.285. Levy of tax ad valorem for remittance to fund and Intergovernmental Transfer Account; certain smaller counties to remit certain amount of money to allow State Plan for Medicaid to include payment of certain expenditures relating to long-term care; certain counties to remit certain amount for credit to Fund for Hospital Care to Indigent Persons

1. The board of county commissioners of each county shall establish a tax rate of

at least 6 cents on each $100 of assessed valuation for the purposes of the tax imposed

pursuant to subsection 2. A board of county commissioners may increase the rate to not more than 10 cents

on each $100 of assessed valuation. 2. In addition to the levies provided in NRS 428.050 and 428.185 and any tax levied pursuant to NRS 450.425 , the board of county commissioners shall levy a tax ad valorem at a rate necessary

to produce revenue in an amount equal to an amount calculated by multiplying the assessed

valuation of all taxable property in the county by the tax rate established pursuant

to subsection 1, and subtracting from the product the amount of unencumbered money

remaining in the fund on May 1 of the current fiscal year. 3. For each fiscal year beginning on or after July 1, 1989, the board of county commissioners

of each county shall remit to the State Controller from the money in the fund an amount

of money equivalent to the amount collected from 1 cent on each $100 of assessed valuation

of all taxable property in the county for credit to the Intergovernmental Transfer

Account in the State General Fund. 4. For each fiscal year beginning on or after July 1, 2013, in a county whose population

is less than 100,000, the board of county commissioners shall, pursuant to an interlocal

agreement with the State, remit to the State Controller an amount of money determined

by the Director of the Department of Health and Human Services to be adequate for

the State Plan for Medicaid to include the payment of the nonfederal share of expenditures

set forth in NRS 422.272 . In such a county, the amount of money that the board of county commissioners may

be required to remit, as determined by the Director pursuant to this subsection, must

not exceed an amount of money equivalent to the amount collected from 8 cents on each

$100 of assessed valuation of all taxable property in the county. 5. Not later than January 1, 2014, and not later than January 1 of each year thereafter,

the board of county commissioners of each county shall remit to the State Controller

an amount equal to the amount collected by the board of county commissioners pursuant

to NRS 439B.340 for the previous fiscal year for credit to the Fund for Hospital Care to Indigent

Persons created by NRS 428.175 . 6. The tax so levied and its proceeds must be excluded in computing the maximum amount

of money which the county is permitted to receive from taxes ad valorem and the highest

permissible rate of such taxes.