Amendment No. 1062

Adopted Lost | Adopted Lost

Concurred In Not | Concurred In Not

Receded Not | Receded Not

Amend section 1, page 1, line 15, by deleting "the" and inserting "a".

Amend section 1, page 1, line 16, by deleting "inclusive." and inserting:

"inclusive, in which a 1 percent tax is imposed on the gross receipts from the rental of transient lodging for railroad grade separation projects.".

Amend section 1, page 2, line 2, by deleting "the" and inserting "a".

Amend section 1, page 2, by deleting line 3 and inserting:

"inclusive, in which a 1 percent tax is imposed on the gross receipts from the rental of transient lodging for railroad grade separation projects.".

Amend section 1, page 2, line 14, by deleting "subsection" and inserting:

"subsections 1 and".

Amend sec. 2, page 2, line 23, by deleting "incorporated" and inserting "unincorporated".

Amend sec. 2, page 2, line 24, by deleting "the" and inserting "a".

Amend sec. 2, page 2, by deleting lines 25 through 31 and inserting:

"described in NRS 268.780 to 268.785, inclusive, in which a 1 percent tax is imposed on the gross receipts from the rental of transient lodging for railroad grade separation projects; and

(b) All of the proceeds collected in a district described in NRS 268.780 to 268.785, inclusive, in which a 1 percent tax is imposed on the gross receipts from the rental of transient lodging for railroad grade separation projects,

must be used by the Reno/Sparks Convention and Visitors Authority to reconstruct, expand, improve, equip, operate and maintain the Reno/Sparks Convention Center, including, but not limited to, parking and facilities ancillary to the Reno/Sparks Convention Center and the acquisition of real property and other appurtenances therefor. The Reno/Sparks Convention and Visitors Authority may irrevocably pledge and use any money received from the proceeds of the tax pursuant to this subsection, together with the proceeds of other tax revenues and facilities revenues received by the Reno/Sparks Convention and Visitors Authority legally available therefor, for the payment of general and special obligations issued for the purpose of reconstructing, expanding, improving and equipping the Reno/Sparks Convention Center, including, but not limited to, parking and facilities ancillary to the Reno/Sparks Convention Center and the acquisition of real property and other appurtenances therefor.

2. From the remaining one-third of the proceeds collected in the area described in subparagraphs (1) and (2) of paragraph (a) of subsection 1, the sum of $1,500,000 and, beginning June 1, 2000, and".

Amend sec. 2, page 2, line 41, by deleting "7" and inserting "6".

Amend sec. 2, page 2, line 43, by deleting "7" and inserting "6".

Amend sec. 2, page 3, by deleting line 2 and inserting:

"NRS 279.619, be used to acquire, establish, construct, expand and equip such projects, and to pay the principal and interest on notes, bonds or".

Amend sec. 2, page 3, by deleting lines 6 through 9 and inserting:

"3. From the remaining one-third of the proceeds collected in the area described in subparagraphs (1) and (2) of paragraph (a) of subsection 1, if any, after the amount described in subsection 2 is set aside for use pursuant to that subsection, the amounts set forth in this subsection must be paid to the City Council of the City of Sparks on the dates set forth in this subsection to be used by the City".

Amend sec. 2, page 3, line 11, after "for the" by inserting "operation and".

Amend sec. 2, page 3, by deleting lines 26 and 27 and inserting:

"4. The remainder of the one-third of the proceeds collected in the area described in subparagraphs (1) and (2) of paragraph (a) of subsection 1, if any, after the amounts described in subsections 2 and 3 are set aside for use pursuant to those".

Amend sec. 2, page 3, by deleting line 30 and inserting:

"reconstruct, expand, improve, equip, operate and maintain the Reno/Sparks Convention Center, including, but not limited to, parking and facilities ancillary to the Reno/Sparks Convention Center and the acquisition of real property and other appurtenances therefor and the payment of general and special obligations issued for those purposes.".

Amend sec. 3, page 4, line 5, after "which" by inserting:

"is imposed pursuant to section 1 of this act or which".

Amend sec. 3, page 4, line 6, after "law" by inserting:

"before March 1, 1999,".

Amend sec. 3, page 4, line 9, by deleting "purpose." and inserting:

"purpose,

or that the Reno/Sparks Convention and Visitors Authority expends for or pledges to notes, bonds or other obligations payable from the rental of transient lodging which are issued by or on behalf of the Reno/Sparks Convention and Visitors Authority.".

Amend the bill as a whole by deleting sec. 4 and renumbering sections 5 through 10 as sections 4 through 9.

Amend sec. 6, page 5, by deleting line 9 and inserting:

"outside a district described in NRS 268.780 to 268.785, inclusive, in which a 1 percent tax is imposed on the gross receipts from the rental of transient lodging for railroad grade separation projects, and".

Amend sec. 6, page 5, line 15, by deleting "in the" and inserting "in a".

Amend sec. 6, page 5, line 16, by deleting "inclusive." and inserting:

"inclusive, in which a 1 percent tax is imposed on the gross receipts from the rental of transient lodging for railroad grade separation projects.".

Amend sec. 7, page 5, by deleting lines 38 and 39 and inserting:

"(b) Located in a district described in NRS 268.780 to 268.785, inclusive, in which a 1 percent tax is imposed on the gross receipts from the rental of transient lodging for railroad grade separation projects.".

Amend sec. 9, page 7, by deleting lines 13 and 14 and inserting:

"collection of the taxes imposed and authorized by".

Amend the title of the bill by deleting the sixth through eighth lines and inserting:

"to pay certain costs related to the promotion of tourism; imposing certain requirements with".