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).

1-1 Section 1. Chapter 361 of NRS is hereby amended by adding thereto

1-2 the provisions set forth as sections 2 and 3 of this act.

1-3 Sec. 2. A golf course located on the property of a local government,

1-4 including any improvement constructed by the lessee if the ownership of

1-5 the improvement passes to the local government as lessor upon

1-6 completion of the improvement or expiration of the lease, shall be

1-7 deemed to be a park within the meaning of paragraph (a) of subsection 2

1-8 of NRS 361.157 if:

1-9 1. Each year, the operator of the golf course makes at least one-half

1-10 of the total available times to begin a round of golf available to residents

1-11 of the county in which the course is located;

1-12 2. The golf course charges those residents no more than one-half of

1-13 the seasonally adjusted maximum fee charged to nonresidents for

1-14 playing golf, excluding any charge for renting carts, or provides a

1-15 program of discounts to residents that is approved by the local

1-16 government in which the course is located; and

1-17 3. It submits an annual report, certified by the operator or an officer

1-18 of the organization operating the course and approved as to form by the

2-1 local government, to the governing body of that local government

2-2 showing that the golf course has met the requirements of this section and

2-3 the governing body of the local government certifies to the county

2-4 assessor that the golf course qualifies for treatment as a park.

2-5 Sec. 3. 1. All intangible personal property is exempt from taxation,

2-6 including, without limitation, good will, customer lists, contracts and

2-7 contract rights, patents, trade-marks, brand names, copyrights, trade

2-8 secrets, franchise agreements and licenses.

2-9 2. The attributes of real property, such as zoning, location, view,

2-10 proximity to markets, geographic features and other characteristics or

2-11 attributes of real property, are not intangible personal property and must

2-12 be considered in valuing the real property, if appropriate.

2-13 Sec. 4. NRS 361.068 is hereby amended to read as follows:

2-14 361.068 1. The following personal property is exempt from taxation:

3-1 3. A person claiming the exemption provided for in paragraph (j) of

3-2 subsection 1 shall, on or before June 15 for the next ensuing fiscal year,

3-3 file with the county assessor an affidavit declaring that the fine art:

3-4 (a) Was purchased in an arm’s length transaction for $25,000 or more,

3-5 or has an appraised value of $25,000 or more;

3-6 (b) Will be on public display in a public or private art gallery, museum

3-7 or other building or area in this state for at least 20 hours per week during

3-8 at least 35 weeks of the year for which the exemption is claimed; and

3-9 (c) Will be available for educational purposes.

3-10 4. To qualify for the exemption provided in paragraph (k) of

3-11 subsection 1, a taxpayer must donate the property through a foundation or

3-12 organization, not for profit, that accepts such property for use in schools in

3-13 this state. The foundation or organization shall issue a voucher identifying

3-14 each item of property donated. To obtain the benefit of the exemption, the

3-15 taxpayer must apply to the county assessor and tender the voucher. The

3-16 county assessor shall compute the assessed value of the property for the

3-17 year in which the donation was made using the original cost and the year

3-18 of acquisition. The county assessor shall allow a credit of that amount

3-19 against the personal property assessment for the year following the

3-20 donation.

3-21 5. As used in this section:

3-22 (a) "Boat" includes any vessel or other watercraft, other than a

3-23 seaplane, used or capable of being used as a means of transportation on the

3-24 water.

3-25 (b) "Fine art for public display" means a work of art which:

3-26 (1) Is an original painting in oil, mineral, water colors, vitreous

3-27 enamel, pastel or other medium, an original mosaic, drawing or sketch, an

3-28 original sculpture of clay, textiles, fiber, wood, metal, plastic, glass or a

3-29 similar material, an original work of mixed media or a lithograph;

3-30 (2) Was purchased in an arm’s length transaction for $25,000 or

3-31 more, or has an appraised value of $25,000 or more;

3-32 (3) Is on public display in a public or private art gallery, museum or

3-33 other building or area in this state for at least 20 hours per week during at

3-34 least 35 weeks of each year for which the exemption is claimed; and

3-35 (4) Is available for educational purposes.

3-36 Sec. 5. NRS 361.068 is hereby amended to read as follows:

3-37 361.068 1. The following personal property is exempt from taxation:

3-38 (a) Personal property held for sale by a merchant [;

3-39 (b) Personal property held for sale by a manufacturer;

3-40 (c)] or manufacturer;

3-41 (b) Raw materials and components held by a manufacturer for

3-42 manufacture into products, and supplies to be consumed in the process of

3-43 manufacture;

4-1 [(d)] (c) Tangible personal property purchased by a business which will

4-2 be consumed during the operation of the business;

4-3 (d) Tangible personal property owned or leased by, or lent or made

4-4 available to a natural or artificial person for the operation of a business

4-5 to the extent of $100,000 in taxable value;

4-6 (e) Livestock;

4-7 (f) Colonies of bees;

4-8 (g) Pipe and other agricultural equipment used to convey water for the

4-9 irrigation of legal crops;

4-10 (h) All boats;

4-11 (i) Slide-in campers and camper shells;

4-12 (j) Fine art for public display; and

4-13 (k) Computers and related equipment donated for use in schools in this

4-14 state.

4-15 2. The Nevada tax commission may exempt from taxation that

4-16 personal property for which the annual taxes would be less than the cost of

4-17 collecting those taxes. If such an exemption is provided, the Nevada tax

4-18 commission shall annually determine the average cost of collecting

4-19 property taxes in this state which must be used in determining the

4-20 applicability of the exemption.

4-21 3. A person claiming the exemption provided for in paragraph (j) of

4-22 subsection 1 shall, on or before June 15 for the next ensuing fiscal year,

4-23 file with the county assessor an affidavit declaring that the fine art:

4-24 (a) Was purchased in an arm’s length transaction for $25,000 or more,

4-25 or has an appraised value of $25,000 or more;

4-26 (b) Will be on public display in a public or private art gallery, museum

4-27 or other building or area in this state for at least 20 hours per week during

4-28 at least 35 weeks of the year for which the exemption is claimed; and

4-29 (c) Will be available for educational purposes.

4-30 4. To qualify for the exemption provided in paragraph (k) of

4-31 subsection 1, a taxpayer must donate the property through a foundation or

4-32 organization, not for profit, that accepts such property for use in schools in

4-33 this state. The foundation or organization shall issue a voucher identifying

4-34 each item of property donated. To obtain the benefit of the exemption, the

4-35 taxpayer must apply to the county assessor and tender the voucher. The

4-36 county assessor shall compute the assessed value of the property for the

4-37 year in which the donation was made using the original cost and the year

4-38 of acquisition. The county assessor shall allow a credit of that amount

4-39 against the personal property assessment for the year following the

4-40 donation.

4-41 5. As used in this section:

5-1 (a) "Boat" includes any vessel or other watercraft, other than a

5-2 seaplane, used or capable of being used as a means of transportation on the

5-3 water.

6-1 (b) "Fine art for public display" means a work of art which:

6-2 (1) Is an original painting in oil, mineral, water colors, vitreous

6-3 enamel, pastel or other medium, an original mosaic, drawing or sketch, an

6-4 original sculpture of clay, textiles, fiber, wood, metal, plastic, glass or a

6-5 similar material, an original work of mixed media or a lithograph;

6-6 (2) Was purchased in an arm’s length transaction for $25,000 or

6-7 more, or has an appraised value of $25,000 or more;

6-8 (3) Is on public display in a public or private art gallery, museum or

6-9 other building or area in this state for at least 20 hours per week during at

6-10 least 35 weeks of each year for which the exemption is claimed; and

6-11 (4) Is available for educational purposes.

6-12 Sec. 6. NRS 361.068 is hereby amended to read as follows:

6-13 361.068 1. The following personal property is exempt from taxation:

7-1 (a) Was purchased in an arm’s length transaction for $25,000 or more,

7-2 or has an appraised value of $25,000 or more;

7-3 (b) Will be on public display in a public or private art gallery, museum

7-4 or other building or area in this state for at least 20 hours per week during

7-5 at least 35 weeks of the year for which the exemption is claimed; and

7-6 (c) Will be available for educational purposes.

7-7 4. As used in this section:

7-8 (a) "Boat" includes any vessel or other watercraft, other than a

7-9 seaplane, used or capable of being used as a means of transportation on the

7-10 water.

7-11 (b) "Fine art for public display" means a work of art which:

7-12 (1) Is an original painting in oil, mineral, water colors, vitreous

7-13 enamel, pastel or other medium, an original mosaic, drawing or sketch, an

7-14 original sculpture of clay, textiles, fiber, wood, metal, plastic, glass or a

7-15 similar material, an original work of mixed media or a lithograph;

7-16 (2) Was purchased in an arm’s length transaction for $25,000 or

7-17 more, or has an appraised value of $25,000 or more;

7-18 (3) Is on public display in a public or private art gallery, museum or

7-19 other building or area in this state for at least 20 hours per week during at

7-20 least 35 weeks of each year for which the exemption is claimed; and

7-21 (4) Is available for educational purposes.

7-22 Sec. 7. NRS 361.080 is hereby amended to read as follows:

7-23 361.080 1. The property of [widows and orphan children,] surviving

7-42 remarriage is later annulled.

7-43 Sec. 8. NRS 361.085 is hereby amended to read as follows:

8-1 361.085 1. The property of all blind persons, not to exceed the

8-2 amount of $3,000 of assessed valuation, is exempt from taxation, including

8-3 community property to the extent only of the blind person’s interest

8-4 therein, but no such exemption may be allowed to anyone but bona fide

8-5 residents of this state, and must be allowed in but one county in this state

8-6 [to the same family.] on account of the same blind person.

8-7 2. The person claiming such an exemption shall file with the county

8-8 assessor an affidavit declaring his residency and that the exemption has

8-9 been claimed in no other county in this state for that year. The affidavit

8-10 must be made before the county assessor or a notary public. After the

8-11 filing of the original affidavit, the county assessor shall mail a form for

8-12 renewal of the exemption to the person each year following a year in

8-13 which the exemption was allowed for that person. The form must be

8-14 designed to facilitate its return by mail by the person claiming the

8-15 exemption.

8-16 3. Upon first claiming the exemption in a county the claimant shall

8-17 furnish to the assessor a certificate of a physician licensed under the laws

8-18 of this state setting forth that he has examined the claimant and has found

8-19 him to be a blind person.

8-20 4. As used in this section, "blind person" includes any person whose

8-21 visual acuity with correcting lenses does not exceed 20/200 in the better

8-22 eye, or whose vision in the better eye is restricted to a field which subtends

8-23 an angle of not greater than 20° .

8-24 Sec. 9. NRS 361.090 is hereby amended to read as follows:

8-25 361.090 1. The property, to the extent of $1,000 assessed valuation,

8-41 United States, is exempt from taxation.

9-1 2. For the purpose of this section the first $1,000 assessed valuation of

9-2 property in which such a person has any interest shall be deemed the

9-3 property of that person.

9-4 3. The exemption may be allowed only to a claimant who files an

9-5 affidavit with his claim for exemption on real property pursuant to NRS

9-6 361.155. The affidavit may be filed at any time by a person claiming

9-7 exemption from taxation on personal property.

9-8 4. The affidavit must be made before the county assessor or a notary

9-9 public and filed with the county assessor . [to the effect] It must state that

9-10 the affiant is an actual bona fide resident of the State of Nevada who meets

9-11 all the other requirements of subsection 1 and that the exemption is

9-12 claimed in no other county within this state. After the filing of the original

9-13 affidavit, the county assessor shall mail a form for:

9-14 (a) The renewal of the exemption; and

9-15 (b) The designation of any amount to be credited to the veterans’ home

9-16 account,

9-17 to the person each year following a year in which the exemption was

9-18 allowed for that person. The form must be designed to facilitate its return

9-19 by mail by the person claiming the exemption.

9-20 5. Persons in actual military service are exempt during the period of

9-21 such service from filing annual affidavits of exemption and the county

9-22 assessors shall continue to grant exemption to such persons on the basis of

9-23 the original affidavits filed. In the case of any person who has entered the

9-24 military service without having previously made and filed an affidavit of

9-25 exemption, the affidavit may be filed in his behalf during the period of

9-26 such service by any person having knowledge of the facts.

9-27 6. Before allowing any veteran’s exemption pursuant to the provisions

9-28 of this chapter, the county assessor of each of the several counties of this

9-29 state shall require proof of status of the veteran, and for that purpose shall

9-30 require production of an honorable discharge or certificate of satisfactory

9-31 service or a certified copy thereof, or such other proof of status as may be

9-32 necessary.

9-33 7. If any person files a false affidavit or produces false proof to the

9-34 county assessor, and as a result of the false affidavit or false proof a tax

9-35 exemption is allowed to a person not entitled to the exemption, he is guilty

9-36 of a gross misdemeanor.

9-37 Sec. 10. NRS 361.125 is hereby amended to read as follows:

9-38 361.125 1. Except as otherwise provided in subsection 2, churches,

9-43 exempt from taxation.

10-1 2. Except as otherwise provided in NRS 361.157, when any such

10-2 property is used exclusively or in part for any other than church purposes,

10-3 and a rent or other valuable consideration is received for its use, the

10-4 property must be taxed.

10-5 3. [If a recognized religious society or corporation leases or rents

10-6 space to facilitate worship during the same fiscal year in which it owns a

10-7 parcel of vacant land with the intent of constructing a church or chapel,

10-8 other than a marriage chapel, on that land and the society or corporation

10-9 has no other church or chapel in the county, the parcel of land is exempt

10-10 from taxation for not more than 3 consecutive years. If a church or chapel

10-11 has not been constructed by the end of the third year of exemption or the

10-12 property is sold before that date, the exemption is voided and the taxes

10-13 must be paid for the years for which an exemption pursuant to this

10-14 subsection was claimed.] The exemption provided by this section must be

10-15 prorated for the portion of a fiscal year during which the religious society

10-16 or corporation owns the real property. For the purposes of this

10-17 subsection, ownership of property purchased begins on the date of

10-18 recording of the deed to the purchaser.

10-19 Sec. 11. NRS 361.157 is hereby amended to read as follows:

10-20 361.157 1. When any real estate or portion of real estate which for

10-42 (c) Property of any state-supported educational institution;

11-1 (d) Property leased or otherwise made available to and used by a natural

11-2 person, private association, private corporation, municipal corporation,

11-3 quasi-municipal corporation or a political subdivision under the provisions

11-4 of the Taylor Grazing Act or by the United States Forest Service or the

11-5 Bureau of Reclamation of the United States Department of the Interior;

11-6 (e) Property of any Indian or of any Indian tribe, band or community

11-7 which is held in trust by the United States or subject to a restriction against

11-8 alienation by the United States;

11-9 (f) Vending stand locations and facilities operated by blind persons

11-10 under the auspices of the bureau of services to the blind and visually

11-11 impaired of the rehabilitation division of the department of employment,

11-12 training and rehabilitation, whether or not the property is owned by the

11-13 federal, state or a local government;

11-14 (g) Leases held by a natural person, corporation, association, municipal

11-15 corporation, quasi-municipal corporation or political subdivision for

11-16 development of geothermal resources, but only for resources which have

11-17 not been put into commercial production;

11-18 (h) The use of exempt property that is leased, loaned or made available

11-19 to a public officer or employee, incident to or in the course of public

11-20 employment;

11-21 (i) A parsonage owned by a recognized religious society or corporation

11-22 when used exclusively as a parsonage;

11-23 (j) Property owned by a charitable or religious organization all or a

11-24 portion of which is made available to and is used as a residence by a

11-25 natural person in connection with carrying out the activities of the

11-26 organization;

11-27 (k) Property owned by a governmental entity and used to provide

11-28 shelter at a reduced rate to elderly persons or persons having low incomes;

11-29 (l) The occasional rental of meeting rooms or similar facilities for

11-30 periods of less than 30 consecutive days; or

11-31 (m) The use of exempt property to provide day care for children if the

11-32 day care is provided by a nonprofit organization.

11-33 3. Taxes must be assessed to lessees or users of exempt real estate and

11-34 collected in the same manner as taxes assessed to owners of other real

11-35 estate, except that taxes due under this section do not become a lien against

11-36 the property. When due, the taxes constitute a debt due from the lessee or

11-37 user to the county for which the taxes were assessed and, if unpaid, are

11-38 recoverable by the county in the proper court of the county.

11-39 [4. As used in this section, the term "park" does not include a golf

11-40 course.]

11-41 Sec. 12. NRS 361.260 is hereby amended to read as follows:

11-42 361.260 1. Each year, the county assessor, except as otherwise

11-43 required by a particular statute, shall ascertain by diligent inquiry and

12-1 examination all real and secured personal property that is in his county on

12-2 July 1 which is subject to taxation, and also the names of all persons,

12-3 corporations, associations, companies or firms owning the property. He

12-4 shall then determine the taxable value of all such property and he shall then

12-5 list and assess it to the person, firm, corporation, association or company

12-6 owning it [.] on July 1 of that fiscal year. He shall take the same action at

12-7 any time between May 1 and the following April 30, with respect to

12-8 personal property which is to be placed on the unsecured tax roll.

12-9 2. At any time before the lien date for the following fiscal year, the

12-10 county assessor may include additional personal property and mobile

12-11 homes on the secured tax roll if the owner of the personal property or

12-12 mobile home owns real property within the same taxing district which has

12-13 an assessed value that is equal to or greater than the taxes for 3 years on

12-14 both the real property and the personal property or mobile home, plus

12-15 penalties. Personal property and mobile homes in the county on July 1, but

12-16 not on the secured tax roll for the current year, must be placed on the

12-17 unsecured tax roll for the current year.

12-18 3. An improvement on real property in existence on July 1 whose

12-19 existence was not ascertained in time to be placed on the secured roll for

12-20 that tax year and which is not governed by subsection 4 must be placed on

12-21 the unsecured tax roll.

12-22 4. The value of any property apportioned among counties pursuant to

12-23 NRS 361.320, 361.321 and 361.323 must be added to the central

12-24 assessment roll at the assessed value established by the Nevada tax

12-25 commission or as established pursuant to an appeal to the state board of

12-26 equalization.

12-27 5. [In arriving at the taxable value of all public utilities of an

12-28 intracounty nature, the intangible or franchise element must be considered

12-29 as an addition to the physical value and a portion of the taxable value.

12-30 6.] In addition to the inquiry and examination required in subsection 1,

12-31 for any property not reappraised in the current assessment year, the county

12-32 assessor shall determine its assessed value for that year by applying a

12-33 factor for improvements, if any, and a factor for land to the assessed value

12-34 for the preceding year. The factor for improvements must reasonably

12-35 represent the change, if any, in the taxable value of typical improvements

12-36 in the area since the preceding year, and must take into account all

12-37 applicable depreciation and obsolescence. The factor for improvements

12-38 must be adopted by the Nevada tax commission. The factor for land must

12-39 be developed by the county assessor and approved by the commission. The

12-40 factor for land must be so chosen that the median ratio of the assessed

12-41 value of the land to the taxable value of the land in each area subject to the

12-42 factor is not less than 30 percent nor more than 35 percent.

13-1 [7.] 6. The county assessor shall reappraise all real property at least

13-2 once every 5 years.

13-3 [8.] 7. Each county assessor shall submit a written request to the board

13-4 of county commissioners and the governing body of each of the local

13-5 governments located in the county which maintain a unit of government

13-6 that issues building permits for a copy of each building permit that is

13-7 issued. Upon receipt of such a request, the governing body shall direct the

13-8 unit which issues the permits to provide a copy of each permit to the

13-9 county assessor within a reasonable time after issuance.

13-10 Sec. 13. NRS 361.265 is hereby amended to read as follows:

13-11 361.265 1. To enable the county assessor to make assessments, he

13-42 must be assessed to "unknown owner"; but no mistake made in the name

14-1 of the owner or the supposed owner of personal property renders the

14-2 assessment or any sale of the property for taxes invalid.

14-3 5. A county assessor may send to an owner of personal property a

14-4 statement to sign and return instead of complying with subsection 2. An

14-5 owner who claims the exemption provided in paragraph (d) of subsection

14-6 1 of NRS 361.068 shall provide a signed statement, under oath, that the

14-7 total cost of acquisition of all taxable personal property claimed to be

14-8 exempt is less than $50,000 and any further information demanded by

14-9 the county assessor.

14-10 6. If any person, officer or agent neglects or refuses on demand of the

14-11 county assessor or his deputy to give the statement required by this section,

14-12 or gives a false name, or refuses to give his name or sign the statement, he

14-13 is guilty of a misdemeanor.

14-14 Sec. 14. NRS 361.5644 is hereby amended to read as follows:

14-15 361.5644 1. If the purchaser, repossessor or other owner of a mobile

14-34 state.

14-35 Sec. 15. NRS 361.767 is hereby amended to read as follows:

14-36 361.767 1. If the county assessor determines that certain personal

14-42 which it was underassessed. He may then send an additional tax bill for an

15-1 amount which represents the difference between the reported value and the

15-2 taxable value for each year.

15-3 3. The assessments provided for in subsections 1 and 2 may be made

15-4 at any time within 3 years after the end of the fiscal year in which the taxes

15-5 would have been due. The tax bill must specify the fiscal year for which

15-6 the tax is due and the applicable rate and whether it is for property which

15-7 was not assessed or for property which was underassessed.

15-8 4. If property is not assessed or is underassessed because the owner

15-9 submitted an incorrect written statement or failed to submit a written

15-10 statement required pursuant to subsection 1 of NRS 361.265, there must be

15-11 added to the taxes due a penalty in the amount of 20 percent of the tax for

15-12 each year the property was not assessed or was underassessed. The county

15-13 assessor may waive this penalty if he finds extenuating circumstances

15-14 sufficient to justify the waiver.

15-15 Sec. 16. NRS 361A.283 is hereby amended to read as follows:

15-16 361A.283 1. If the county assessor determines that the deferred tax

15-28 extenuating circumstances sufficient to justify the waiver.

15-29 Sec. 17. NRS 482.180 is hereby amended to read as follows:

15-30 482.180 1. The motor vehicle fund is hereby created as an agency

15-43 vehicle privilege tax must be deposited in the local government tax

16-1 distribution account, created by NRS 360.660, for credit to the appropriate

16-2 county pursuant to subsection 6.

16-3 5. Money for the administration of the provisions of this chapter must

16-4 be provided by direct legislative appropriation from the state highway

16-5 fund, upon the presentation of budgets in the manner required by law. Out

16-6 of the appropriation the department shall pay every item of expense.

16-7 6. The privilege tax collected on vehicles subject to the provisions of

16-8 chapter 706 of NRS and engaged in interstate or intercounty operation

16-9 must be distributed among the counties in the following percentages:

16-10 Carson City 1.07 percent Lincoln 3.12 percent

16-11 Churchill 5.21 percent Lyon 2.90 percent

16-12 Clark 22.54 percent Mineral 2.40 percent

16-13 Douglas 2.52 percent Nye 4.09 percent

16-14 Elko 13.31 percent Pershing 7.00 percent

16-15 Esmeralda 2.52 percent Storey .19 percent

16-16 Eureka 3.10 percent Washoe 12.24 percent

16-17 Humboldt 8.25 percent White Pine 5.66 percent

16-18 Lander 3.88 percent

16-19 The distributions must be allocated among local governments within the

16-20 respective counties pursuant to the provisions of NRS 482.181.

16-21 7. [As commission to the department for collecting the privilege tax on

16-22 vehicles subject to the provisions of this chapter and chapter 706 of NRS,

16-23 the department shall deduct and withhold 1 percent of the privilege tax

16-24 collected by a county assessor and 6 percent of the other privilege tax

16-25 collected.] The department shall withhold 6 percent from the amount of

16-26 privilege tax collected by the department as a commission. From the

16-27 amount of privilege tax collected by a county assessor, the state controller

16-28 shall credit 1 percent to the department as a commission and remit 5

16-29 percent to the county for credit to its general fund as commission for the

16-30 services of the county assessor.

16-31 8. When the requirements of this section and NRS 482.181 have been

16-32 met, and when directed by the department, the state controller shall transfer

16-33 monthly to the state highway fund any balance in the motor vehicle fund.

16-34 9. If a statute requires that any money in the motor vehicle fund be

16-35 transferred to another fund or account, the department shall direct the

16-36 controller to transfer the money in accordance with the statute.

16-37 Sec. 18. NRS 489.511 is hereby amended to read as follows:

16-38 489.511 1. If a used or rebuilt manufactured home, mobile home or

16-41 must be in a form prescribed by the division and include a description of

17-1 the manufactured home, mobile home or commercial coach, the name and

17-2 address of the seller and the name and address of the buyer. If a security

17-3 interest exists at the time of the sale, or if in connection with the sale a

17-4 security interest is taken or retained by the seller, dealer or rebuilder to

17-5 secure all or part of the purchase price, or a security interest is taken by a

17-6 person who gives value to enable the buyer to acquire rights in the

17-7 manufactured home, mobile home or commercial coach, the name and

17-8 address of the secured party must be entered on the dealer’s or rebuilder’s

17-9 report of sale.

17-10 2. The dealer or rebuilder shall submit the original of the dealer’s or

17-11 rebuilder’s report of sale to the division within 45 days after the execution

17-12 of all instruments which the contract of sale requires to be executed at the

17-13 time of the sale, unless an extension of time is granted by the division,

17-14 together with the endorsed certificate of title or certificate of ownership

17-15 previously issued. The dealer or rebuilder shall furnish one copy of the

17-16 report of sale to the buyer at the time of the sale. Within 45 days after the

17-17 sale, the dealer or rebuilder shall furnish one copy of the report of sale to

17-18 the assessor of the county in which the manufactured home, mobile home

17-19 or commercial coach will be located.

17-20 3. The dealer or rebuilder shall require the buyer to sign an

17-21 acknowledgment of taxes, on a form prescribed by the division, which

17-22 includes a statement that the manufactured, mobile home or commercial

17-23 coach is taxable in the county in which it is located. The dealer shall

17-24 deliver the buyer’s copy of the acknowledgment to him at the time of sale

17-25 and submit another copy to the county assessor of the county in which

17-26 the manufactured home, mobile home or commercial coach is to be

17-27 located.

17-28 4. If a used or rebuilt manufactured home, mobile home or commercial

17-29 coach is sold by a dealer or rebuilder pursuant to an installment contract or

17-30 other agreement by which the certificate of title or certificate of ownership

17-31 does not pass immediately from the seller to the buyer upon the sale, the

17-32 dealer or rebuilder shall submit to the division any information required by

17-33 the regulations adopted by the administrator pursuant to NRS 489.272.

17-34 Sec. 19. NRS 562.160 is hereby amended to read as follows:

17-35 562.160 Upon receipt of the reports from the committee for assessing

17-40 industry on or before the first Monday in May of each year.

17-41 Sec. 20. NRS 567.110 is hereby amended to read as follows:

17-42 567.110 1. Upon receipt of the reports from the committee for

17-43 assessing livestock pursuant to NRS 575.180, the state board of sheep

18-1 commissioners, acting as the committee to control predatory animals, may

18-2 levy an annual special tax of not to exceed the equivalent of 20 cents per

18-3 head on all sheep and goats.

18-4 2. The special tax is designated as the tax for control of predatory

18-5 animals.

18-6 3. Notice of the tax must be sent by the board to the county assessor or

18-7 treasurer of each county that is administering the special taxes on

18-8 livestock, and to the division of agriculture of the department of business

18-9 and industry on or before the first Monday in May of each year.

18-10 Sec. 21. NRS 571.035 is hereby amended to read as follows:

18-11 571.035 1. Upon receipt of the reports from the committee for

18-39 each owner of livestock is $5.

19-1 5. Upon the receipt of payment of the special tax and the report thereof

19-2 by the state controller, the division shall credit the amount of the tax as

19-3 paid on its records.

19-4 6. The special taxes paid by an owner of livestock, when transmitted to

19-5 the state treasurer, must be deposited in the livestock inspection account.

19-6 7. The division may elect to perform the duties otherwise performed

19-7 by the county assessor and county treasurer under NRS 575.100 to

19-8 575.140, inclusive.

19-9 Sec. 22. NRS 575.090 is hereby amended to read as follows:

19-10 575.090 1. There is hereby created in each county a committee for

19-36 and employees.

19-37 Sec. 23. NRS 575.120 is hereby amended to read as follows:

19-38 575.120 1. The division shall prepare a form for declaration of

19-42 declaration is made.

20-1 2. Before May 6 of each year, the division shall distribute the form for

20-2 declaration to [all] the county assessors [.] of the counties in which the

20-3 special tax is administered by the county.

20-4 3. In other counties, the division shall mail directly to each owner of

20-5 livestock or sheep a bill for the special tax due from him. Failure to

20-6 receive a tax bill does not excuse an owner from the timely payment of

20-7 the tax due.

20-8 Sec. 24. NRS 575.130 is hereby amended to read as follows:

20-9 575.130 1. [The] In a county in which the special tax is

20-16 subject to a penalty of $5 assessed by the committee.

20-17 Sec. 25. NRS 575.140 is hereby amended to read as follows:

20-18 575.140 The county assessor or the division shall forward to the

20-24 each owner.

20-25 Sec. 26. NRS 575.150 is hereby amended to read as follows:

20-26 575.150 1. Upon receipt of the forms for declaration of livestock and

20-43 report of owners of livestock and sheep for any owner and the listing for

21-1 that owner does not conform to the listings on the form for declaration

21-2 completed by that owner, the committee shall notify the owner of the

21-3 change within 15 days after the change is made. The notification must

21-4 contain a statement explaining the owner’s right to challenge the accuracy

21-5 of the report made by the committee for assessing livestock.

21-6 Sec. 27. NRS 575.180 is hereby amended to read as follows:

21-7 575.180 1. When the report of owners of livestock and sheep is

21-17 recipient of the report or copy must be notified of the change.

21-18 Sec. 28. NRS 575.190 is hereby amended to read as follows:

21-19 575.190 Using the tax levies from the board, the division and the

21-23 of livestock or sheep approved by the committee for assessing livestock.

21-24 Sec. 29. NRS 575.200 is hereby amended to read as follows:

21-25 575.200 The county treasurer or the assessor , or the division if it is

21-31 payment of his taxes.

21-32 Sec. 30. Section 13 of this act is hereby amended to read as follows:

21-33 Sec. 13. NRS 361.265 is hereby amended to read as follows:

21-34 361.265 1. To enable the county assessor to make

21-35 assessments, he shall demand from each natural person or firm, and

21-36 from the president, cashier, treasurer or managing agent of each

21-37 corporation, association or company, including all banking

21-38 institutions, associations or firms within his county, a written

21-39 statement, signed under penalty of perjury, on forms to be

21-40 furnished by the county assessor of all the personal property within

21-41 the county, owned, claimed, possessed, controlled or managed by

21-42 those persons, firms, corporations, associations or companies.

22-1 2. Except as otherwise provided in subsection 5, the statement

22-2 must include:

22-3 (a) A description of the location of any taxable personal

22-4 property that is owned, claimed, possessed, controlled or managed

22-5 by the natural person, firm, corporation, association or company,

22-6 but stored, maintained or otherwise placed at a location other than

22-7 the principal residence of the natural person or principal place of

22-8 business of the firm, corporation, association or company; and

22-9 (b) The cost of acquisition of each item of taxable personal

22-10 property including the cost of any improvements of the personal

22-11 property, such as additions to or renovations of the property other

22-12 than routine maintenance or repairs.

22-13 3. The statement must be returned not later than July 31, except

22-14 for a statement mailed to the taxpayer after July 15, in which case it

22-15 must be returned within 15 days after demand for its return is

22-16 made. Upon petition of the property owner showing good cause,

22-17 the county assessor may grant one or more 30-day extensions.

22-18 4. If the owners of any taxable property not listed by another

22-19 person are absent or unknown, or fail to provide the written

22-20 statement as described in subsection 1, the county assessor shall

22-21 make an estimate of the value of the property and assess it

22-22 accordingly. If the name of the absent owner is known to the

22-23 county assessor, the property must be assessed in his name. If the

22-24 name of the owner is unknown to the county assessor, the property

22-25 must be assessed to "unknown owner"; but no mistake made in the

22-26 name of the owner or the supposed owner of personal property

22-27 renders the assessment or any sale of the property for taxes invalid.

22-28 5. A county assessor may send to an owner of personal

22-29 property a statement to sign and return instead of complying with

22-30 subsection 2. An owner who claims the exemption provided in

22-31 paragraph (d) of subsection 1 of NRS 361.068 shall provide a

22-32 signed statement, under oath, that the total cost of acquisition of all

22-33 taxable personal property claimed to be exempt is less than

22-34 [$50,000] $100,000 and any further information demanded by the

22-35 county assessor.

22-36 6. If any person, officer or agent neglects or refuses on demand

22-37 of the county assessor or his deputy to give the statement required

22-38 by this section, or gives a false name, or refuses to give his name or

22-39 sign the statement, he is guilty of a misdemeanor.

22-40 Sec. 31. 1. This section and sections 1, 2 and 3 and 7 to 12,

22-41 inclusive, and 14 to 29, inclusive, of this act become effective on June 30,

22-42 1999.

23-1 2. Sections 4 and 13 of this act become effective on June 30, 2000, and

23-2 section 4 of this act expires by limitation on June 30, 2001.

23-3 3. Sections 5 and 30 of this act become effective at 12:01 a.m. on June

23-4 30, 2001, and section 5 of this act expires by limitation on June 30, 2003.

23-5 4. Section 6 of this act becomes effective at 12:01 a.m. on June 30,

23-6 2003.