AB11

Existing law creates the Nevada Tax Commission and designates the Commission as the head of the Department of Taxation. (NRS 360.010, 360.120) Under certain circumstances, existing law requires the Commission to hold a meeting on June 25 or, if June 25 falls on a Saturday or Sunday, on the following Monday, to set the tax rates for certain local governments if the combined ad valorem tax rate within a county will exceed the statutory limit. (NRS 361.455) Existing law requires the Department, in each even-numbered year, to submit to the Commission a copy of the proposed budget for the Department and legislation proposed by the Department at this meeting or, if no such meeting is held that year, at another meeting conducted by the Commission in June of that year. (NRS 360.105) This bill requires the Department to submit a copy of its proposed budget and legislation proposed by the Department to the Commission at a meeting held in January of each odd-numbered year rather than June of each even-numbered year. Close digest Existing law creates the Nevada Tax Commission and designates the Commission as the head of the Department of Taxation. (NRS 360.010, 360.120) Under certain circumstances, existing law requires the Commission to hold a meeting on June 25 or, if June 25 falls on a Saturday or Sunday, on the following Monday, to set the tax rates for certain local governments if the combined ad valorem tax rate within a county will exceed the statutory limit. (NRS 361.455) Existin

No public exhibits in the NELIS scrape.