Nevada AB538 revises the Board of Economic Development's procedures for approving tax credits and abatements.
Nevada AB538 amends the Nevada Revised Statutes to revise the procedures for the Board of Economic Development in approving tax credits and abatements. The bill requires the appointment of temporary voting members to the Board for considering specific applications. It mandates that the Office of Economic Development notify certain entities upon receiving an application for tax credits, abatements, or partial abatements in rural counties.
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