indebtedness or the operating expenses of the State of Nevada and any

levy imposed by the board of county commissioners pursuant to NRS

387.195 that is in excess of 50 cents on each $100 of assessed valuation

of taxable property within the county must not be included in calculating

the limitation set forth in subsection 1 on the total ad valorem tax levied

within the boundaries of the county, city or unincorporated town, if, in a

county whose population is 25,000 or less, or in a city or unincorporated

town located within that county:

(a) The combined tax rate certified by the Nevada tax commission was

at least $3.50 on each $100 of assessed valuation on June 25, 1998;

(b) The governing body of that county, city or unincorporated town

proposes to its registered voters an additional levy ad valorem above the

total ad valorem tax levy for all public purposes set forth in subsection 1;

(c) The proposal specifies the amount of money to be derived, the

purpose for which it is to be expended and the duration of the levy; and

(d) The proposal is approved by a majority of the voters voting on the

question at a general election or a special election called for that

purpose.

3. The duration of the additional levy ad valorem levied pursuant to

subsection 2 must not exceed 5 years. The governing body of the county,

city or unincorporated town may discontinue the levy before it expires

and may not thereafter reimpose it in whole or in part without following

the procedure required for its original imposition set forth in subsection

2.

1. 4. A special election may be held pursuant to subsection 2 only if the

1. governing body of the county, city or unincorporated town determines, by
2. a unanimous vote, that an emergency exists. The determination made by

1. the governing body is conclusive unless it is shown that the governing

1. body acted with fraud or a gross abuse of discretion. An action to

1. challenge the determination made by the governing body must be

1. commenced within 15 days after the governing body’s determination is

1. final. As used in this subsection, "emergency" means any unexpected

1. occurrence or combination of occurrences which requires immediate

1. action by the governing body of the county, city or unincorporated town

1. to prevent or mitigate a substantial financial loss to the county, city or

1. unincorporated town or to enable the governing body to provide an

1. essential service to the residents of the county, city or unincorporated

1. town.

1. the newspaper, disclosing any amount in cents on each $100 of assessed
2. valuation by which the highest combined tax rate for property in the

1. county exceeds $3.64 on each $100 of assessed valuation.