AB530

Nevada AB530 revises tax imposition rules for certain counties on motor vehicle fuels and special fuels.

Nevada AB530 amends existing law to revise provisions governing the imposition of additional taxes on motor vehicle fuels and special fuels in counties with a population of 700,000 or more. The bill allows the board of county commissioners to impose excise taxes on motor vehicle fuel and various special fuels, with annual increases based on highway and street construction inflation. The board can impose these taxes if approved by a two-thirds majority. For certain periods, annual tax increases can be effectuated without voter approval, but after specific dates, voter approval is required.