(REPRINTED WITH ADOPTED AMENDMENTS)

 

Assembly Bill No. 501–Committee on Ways and Means

 

(On Behalf of State Planning Commission for the
New Construction, Design, Maintenance and
Repair of School Facilities)

 

March 21, 2001

____________

 

Referred to Committee on Taxation

 

SUMMARY—Revises provisions relating to method of calculating amount of basic governmental services tax to be distributed to county school district. (BDR 43‑1004)

 

FISCAL NOTE:  Effect on Local Government: No.

                             Effect on the State: No.

 

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.

 

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:

 

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

1-2    482.181  1.  Except as otherwise provided in subsection 4, the

1-3  department shall certify monthly to the state board of examiners the

1-4  amount of the basic and supplemental governmental services taxes

1-5  collected for each county by the department and its agents during the

1-6  preceding month, and that money must be distributed monthly as provided

1-7  in this section.

1-8    2.  Any supplemental governmental servicestax collected for a county

1-9  must be distributed only to the county, to be used as provided in NRS

1-10  371.045 and 371.047.

1-11  3.  The distribution of the basic governmental servicestax within a

1-12  county must be made to local governments, special districts and enterprise

1-13  districts pursuant to the provisions of NRS 360.680 and 360.690. The

1-14  distribution of the basic governmental servicestax must be made to the

1-15  county school district within the county before the distribution of the basic

1-16  governmental servicestax pursuant to the provisions of NRS 360.680 and

1-17  360.690 and in the same ratio as all property taxes were levied in the

2-1  county in the previous fiscal year, but the State of Nevada is not entitled to

2-2  share in that distribution. For the purpose of calculating the amount of the

2-3  basic governmental servicestax to be distributed to the county school

2-4  district, the taxes levied by each local government, special district and

2-5  enterprise district are the product of its certified valuation, determined

2-6  pursuant to subsection 2 of NRS 361.405, and its tax rate, established

2-7  pursuant to NRS 361.455 for the fiscal year beginning on July 1, 1980,

2-8  except that the tax rate for school districts, including the rate attributable to

2-9  a district’s debt service, is the rate established pursuant to NRS 361.455 for

2-10  the fiscal year beginning on July 1, 1978, but if , in any fiscal year, the

2-11  sum of the rate attributable to a district’s debt service in [any] that fiscal

2-12  year and any rate levied for capital projects pursuant to NRS 387.3285 in

2-13  that fiscal year is greater than its rate for the fiscal year beginning on

2-14  July 1, 1978, the higher rate must be used to determine the amount

2-15  attributable to debt service.

2-16  4.  An amount equal to any basic governmental services tax distributed

2-17  to a redevelopment agency in the fiscal year 1987-1988 must continue to

2-18  be distributed to that agency as long as it exists but must not be increased.

2-19  5.  The department shall make distributions of thebasic governmental

2-20  servicestax directly to county school districts.

2-21  6.  As used in this section:

2-22  (a) “Enterprise district” has the meaning ascribed to it in NRS 360.620.

2-23  (b) “Local government” has the meaning ascribed to it in NRS 360.640.

2-24  (c) “Special district” has the meaning ascribed to it in NRS 360.650.

2-25  Sec. 2.  1.  The amendatory provisions of section 1 of this act do not

2-26  apply to modify, directly or indirectly, any taxes levied or revenues

2-27  pledged in such a manner as to impair adversely any outstanding

2-28  obligations of a local government, special district or enterprise district,

2-29  including, without limitation, bonds, medium-term financing, letters of

2-30  credit and any other financial obligation, until all such obligations have

2-31  been discharged in full or provision for their payment and redemption has

2-32  been fully made.

2-33  2.  As used in this section:

2-34  (a) “Enterprise district” has the meaning ascribed to it in NRS 360.620.

2-35  (b) “Local government” has the meaning ascribed to it in NRS 360.640.

2-36  (c) “Special district” has the meaning ascribed to it in NRS 360.650.

 

2-37  H