| Chapter 2 |
SB1 |
Sections 1 to 38, inclusive, and 53 to 61.7, inclusive and 62 effective October 17, 2016. Sections 21 to 37, inclusive, of this act expire by limitation on the date on which the tax imposed pursuant to subsection 1 of section 50 is first imposed, as specified in the ordinance adopted by the Board of County Commissioners of Clark County pursuant to section 50. Sections 39 to 52, inclusive, (a) become effective on the date on which the President of the University of Nevada, Las Vegas, provides notice to the Governor, the Director of the Legislative Counsel Bureau and the Board of County Commissioners of Clark County pursuant to subsection 1 of section 38 that he or she intends to undertake a college football stadium project, as defined in section 8, only if the President of the University provides such notice within 90 calendar days after receipt of notice of the vote of the Board of Directors of the Stadium Authority created by section 21 to dissolve the Stadium Authority and wind down its affairs pursuant to subsection 2 of section 37; (b) expire by limitation on the date on which the County Treasurer of Clark County certifies the Board of County Commisioners of Clark County that the President of the University of Nevada, Las Vegas, has not secured the commitment of money for the college football stadium project described in subsection 4 of section 38 within the 24-month period prescribed by that subsection. |
