Nevada AB219 revises the distribution of excise tax proceeds from live entertainment, allocating a percentage to the Nevada Arts Council and the.
Nevada AB219 modifies the allocation of excise tax proceeds from live entertainment. It requires that 1 percent of the taxes, interest, and penalties collected be deposited in the State Treasury for credit to the Nevada Arts Council as a continuing appropriation. Any additional amount of these taxes, interest, and penalties is to be deposited in the State Treasury for credit to the State General Fund.
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