Assembly Bill No. 501–Committee on Ways and Means

 

CHAPTER..........

 

AN ACT relating to education; making certain changes to the method of calculating the amount of the basic governmental services tax to be distributed to a county school district; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN

SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

 

   Section 1. NRS 482.181 is hereby amended to read as follows:

   482.181  1.  Except as otherwise provided in subsection 4, the

department shall certify monthly to the state board of examiners the

amount of the basic and supplemental governmental services taxes

collected for each county by the department and its agents during the

preceding month, and that money must be distributed monthly as provided

in this section.

   2.  Any supplemental governmental servicestax collected for a county

must be distributed only to the county, to be used as provided in NRS

371.045 and 371.047.

   3.  The distribution of the basic governmental servicestax within a

county must be made to local governments, special districts and enterprise

districts pursuant to the provisions of NRS 360.680 and 360.690. The

distribution of the basic governmental servicestax must be made to the

county school district within the county before the distribution of the basic

governmental servicestax pursuant to the provisions of NRS 360.680 and

360.690 and in the same ratio as all property taxes were levied in the

county in the previous fiscal year, but the State of Nevada is not entitled to

share in that distribution. For the purpose of calculating the amount of the

basic governmental servicestax to be distributed to the county school

district, the taxes levied by each local government, special district and

enterprise district are the product of its certified valuation, determined

pursuant to subsection 2 of NRS 361.405, and its tax rate, established

pursuant to NRS 361.455 for the fiscal year beginning on July 1, 1980,

except that the tax rate for school districts, including the rate attributable to

a district’s debt service, is the rate established pursuant to NRS 361.455 for

the fiscal year beginning on July 1, 1978, but if , in any fiscal year, the

sum of the rate attributable to a district’s debt service in [any] that fiscal

year and any rate levied for capital projects pursuant to NRS 387.3285 in

that fiscal year is greater than its rate for the fiscal year beginning on

July 1, 1978, the higher rate must be used to determine the amount

attributable to debt service.

   4.  An amount equal to any basic governmental services tax distributed

to a redevelopment agency in the fiscal year 1987-1988 must continue to

be distributed to that agency as long as it exists but must not be increased.

   5.  The department shall make distributions of thebasic governmental

servicestax directly to county school districts.

   6.  As used in this section:

   (a) “Enterprise district” has the meaning ascribed to it in NRS 360.620.

   (b) “Local government” has the meaning ascribed to it in NRS 360.640.

   (c) “Special district” has the meaning ascribed to it in NRS 360.650.

   Sec. 2.  1.  The amendatory provisions of section 1 of this act do not

apply to modify, directly or indirectly, any taxes levied or revenues

pledged in such a manner as to impair adversely any outstanding

obligations of a local government, special district or enterprise district,

including, without limitation, bonds, medium-term financing, letters of

credit and any other financial obligation, until all such obligations have

been discharged in full or provision for their payment and redemption has

been fully made.

   2.  As used in this section:

   (a) “Enterprise district” has the meaning ascribed to it in NRS 360.620.

   (b) “Local government” has the meaning ascribed to it in NRS 360.640.

   (c) “Special district” has the meaning ascribed to it in NRS 360.650.

 

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