Assembly Bill No. 288–Committee on Ways and Means

February 22, 1999

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Referred to Committee on Ways and Means

 

SUMMARY—Revises provisions governing compensation paid to State of Nevada for cost of collecting certain taxes. (BDR 32-1467)

FISCAL NOTE: Effect on Local Government: Yes.

Effect on the State or on Industrial Insurance: No.

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted. Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).

 

AN ACT relating to taxation; revising the provisions governing the compensation paid to the State of Nevada for the cost of collecting certain taxes on behalf of local governments; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

1-1 Section 1. NRS 374.785 is hereby amended to read as follows:

1-2 374.785 1. All fees, taxes, interest and penalties imposed and all

1-3 amounts of tax required to be paid to counties under this chapter must be

1-4 paid to the department in the form of remittances payable to the

1-5 department.

1-6 2. The department shall deposit the payments in the state treasury to

1-7 the credit of the sales and use tax account in the state general fund.

1-8 3. The state controller, acting upon the collection data furnished by the

1-9 department, shall, each month, from the sales and use tax account in the

1-10 state general fund:

1-11 (a) Transfer [.5] .75 percent of all fees, taxes, interest and penalties

1-12 collected in each county during the preceding month to the appropriate

1-13 account in the state general fund as compensation to the state for the costs

1-14 of collecting the tax.

1-15 (b) Transfer [.5] .75 percent of all fees, taxes, interest and penalties

1-16 collected during the preceding month from out-of-state businesses not

1-17 maintaining a fixed place of business within this state to the appropriate

1-18 account in the state general fund as compensation to the state for the costs

1-19 of collecting the tax.

2-1 (c) Determine for each county the amount of money equal to the fees,

2-2 taxes, interest and penalties collected in the county pursuant to this chapter

2-3 during the preceding month less the amount transferred pursuant to

2-4 paragraph (a) . [of this subsection.]

2-5 (d) Transfer the total amount of taxes collected pursuant to this chapter

2-6 during the preceding month from out-of-state businesses not maintaining a

2-7 fixed place of business within this state, less the amount transferred

2-8 pursuant to paragraph (b) , [of this subsection,] to the state distributive

2-9 school account in the state general fund.

2-10 (e) Except as otherwise provided in NRS 387.528, transfer the amount

2-11 owed to each county to the intergovernmental fund and remit the money to

2-12 the credit of the county school district fund.

2-13 4. For the purpose of the distribution required by this section, the

2-14 occasional sale of a vehicle shall be deemed to take place in the county to

2-15 which the privilege tax payable by the buyer upon that vehicle is

2-16 distributed.

2-17 Sec. 2. NRS 377.050 is hereby amended to read as follows:

2-18 377.050 1. All fees, taxes, interest and penalties imposed and all

2-19 amounts of tax required to be paid to counties under this chapter must be

2-20 paid to the department in the form of remittances made payable to the

2-21 department.

2-22 2. The department shall deposit the payments with the state treasurer

2-23 for credit to the sales and use tax account in the state general fund.

2-24 3. The state controller, acting upon the collection data furnished by the

2-25 department, shall monthly transfer from the sales and use tax account [.5]

2-26 .75 percent of all fees, taxes, interests and penalties collected pursuant to

2-27 this chapter during the preceding month to the appropriate account in the

2-28 state general fund, before making the distributions required by NRS

2-29 377.055 and 377.057, as compensation to the state for the cost of

2-30 collecting the tax.

2-31 Sec. 3. NRS 377A.050 is hereby amended to read as follows:

2-32 377A.050 1. All fees, taxes, interest and penalties imposed and all

2-33 amounts of tax required to be paid to the counties under this chapter must

2-34 be paid to the department in the form of remittances payable to the

2-35 department.

2-36 2. The department shall deposit the payments with the state treasurer

2-37 for credit to the sales and use tax account in the state general fund.

2-38 3. The state controller, acting upon the collection data furnished by the

2-39 department, shall monthly:

2-40 (a) Transfer from the sales and use tax account [.5] .75 percent of all

2-41 fees, taxes, interest and penalties collected pursuant to this chapter during

2-42 the preceding month to the appropriate account in the state general fund as

2-43 compensation to the state for the cost of collecting the tax.

3-1 (b) Determine for each county an amount of money equal to any fees,

3-2 taxes, interest and penalties collected in or for that county pursuant to this

3-3 chapter during the preceding month, less the amount transferred to the state

3-4 general fund pursuant to paragraph (a).

3-5 (c) Transfer the amount determined for each county to the

3-6 intergovernmental fund and remit the money to the county treasurer.

3-7 Sec. 4. This act becomes effective at 12:01 a.m. on July 1, 1999.

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