Senate Bill No. 403–Senator Washington
March 12, 1999
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Referred to Committee on Taxation
SUMMARY—Revises provisions governing determination of business tax for employers who employ persons with low incomes. (BDR 32-6)
FISCAL NOTE: Effect on Local Government: No.
Effect on the State or on Industrial Insurance: Yes.
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EXPLANATION – Matter in
bolded italics is new; matter between brackets
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
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Section 1. NRS 364A.150 is hereby amended to read as follows: 364A.150 1. The total number of equivalent full-time employees1-3
employed by a business in a quarter must be calculated by dividing the total1-4
number of hours all employees have worked during the quarter by 468.1-5
2. To determine the total number of hours all employees have worked1-6
during the quarter, the business must add the total number of hours worked1-7
by full-time employees based in this state during the quarter to the total1-8
number of hours worked by part-time employees based in this state during1-9
the quarter and to the total number of hours worked in this state by1-10
employees described in subsection 6. A "full-time employee" is a person1-11
who is employed to work at least 36 hours per week. All other employees1-12
are part-time employees. An occasional reduction in the number of hours1-13
actually worked in any week by a particular employee, as the result of1-14
sickness, vacation or other compensated absence, does not affect his status1-15
for the purposes of this section if his regular hours of work are 36 or more1-16
per week. All hours for which a part-time employee is paid must be1-17
included.2-1
3. Except as otherwise provided in subsection 7, the total number of2-2
hours worked by full-time employees of a business during the quarter may2-3
be calculated by:2-4
(a) Determining from the records of the business the number of hours2-5
each full-time employee has worked during the quarter up to a maximum of2-6
468 hours per quarter and totaling the results; or2-7
(b) Multiplying 7.2 hours by the number of days each full-time2-8
employee was employed by the business up to a maximum of 65 days per2-9
quarter and totaling the results.2-10
4. Except as otherwise provided in subsection 7, the total number of2-11
hours worked by part-time employees of a business during the quarter must2-12
be calculated by determining from the records of the business the number2-13
of hours each part-time employee has worked during the quarter and2-14
totaling the results.2-15
5. The total number of hours all employees have worked during the2-16
quarter must be calculated excluding the hours worked by a sole proprietor2-17
or one natural person in any unincorporated business, who shall be deemed2-18
the owner of the business rather than an employee.2-19
6. To determine the total number of hours all employees have worked2-20
during the quarter, in the case of a business which employs a natural person2-21
at a base or business location outside Nevada, but directs that person to2-22
perform at least some of his duties in Nevada, the calculation must include2-23
the total number of hours actually worked by that person in Nevada during2-24
the quarter. To calculate the number of hours worked in Nevada, the2-25
formula in paragraph (b) of subsection 3 must be used for full-time2-26
employees, and the formula in subsection 4 must be used for part-time2-27
employees.2-28
7. Except as otherwise provided in subsection 8, if a business employs2-29
in a calendar quarter a person whose monthly income for that calendar2-30
quarter is 150 percent or less of the federally designated level signifying2-31
poverty, the business may exclude the total number of hours which the2-32
employee worked during that calendar quarter in calculating the total2-33
number of hours worked by employees of the business during the quarter .2-34
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8. The number of hours excluded pursuant to subsection 7 must not2-41
reduce the total tax liability of the business by more than 50 percent.3-1
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Sec. 2. This act becomes effective on July 1, 1999.~