Revises provisions relating to certain transferable tax credits and certain tax abatements.
Revises provisions relating to certain transferable tax credits and certain tax abatements. Amends the Nevada Revised Statutes to authorize the Office of Economic Development to approve transferable tax credits and abatements or partial abatements of certain property taxes, business taxes, and sales and use taxes for certain businesses in certain circumstances. Requires an applicant for a partial abatement to enter into an agreement with the Office that includes a workforce development plan.
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