2001 REGULAR SESSION (71st)                                                                       A AB418 R1 603

Amendment No. 603

 

Assembly Amendment to Assembly Bill No. 418 First Reprint                                           (BDR 58‑1198)

Proposed by: Assemblyman de Braga

Amendment Box: Consistent with Amendment No. 566.

Resolves Conflicts with: N/A

Amends:         Summary:               Title:              Preamble:               Joint Sponsorship:

 

ASSEMBLY ACTION              Initial and Date              |SENATE ACTION                        Initial and Date

       Adopted       Lost                                               |          Adopted       Lost                                           

Concurred In                     Not                                                        |Concurred In  Not                                 

       Receded        Not                                               |         Receded        Not                                           

 

     Amend sec. 6, page 2, by deleting lines 26 through 28 and inserting:

     “(d) Solar energy; and

     (e) Wind.”.

     Amend sec. 7, page 2, line 34, by deleting “thermal”.

     Amend sec. 7, page 2, line 37, by deleting “inclusive.” and inserting:

“inclusive, except for a net metering system that uses waterpower as its primary source of energy to generate electricity.”.

     Amend sec. 9, page 3, line 33, by deleting “thermal”.

     Amend sec. 9, page 3, line 36, by deleting “thermal”.

     Amend the bill as a whole by adding a new section designated sec. 10.5, following sec. 10, to read as follows:

     “Sec. 10.5. “Biomass” has the meaning ascribed to it in section 3 of this act.”.

     Amend sec. 11, page 4, by deleting lines 35 and 36 and inserting:

     “Sec. 11. 1.  “Renewable energy” means:

     (a) Biomass;

     (b) Hydrogen;

     (c) Geothermal energy;

     (d) Solar energy;

     (e) Waterpower; and

     (f) Wind.

     2.  The term does not include coal, natural gas, oil, propane or any other fossil fuel, or nuclear energy.”.

     Amend sec. 13, page 5, line 14, by deleting “section” and inserting:

“sections 10.5 and”.

     Amend the bill as a whole by deleting sec. 17 and adding a new section designated sec. 17, following sec. 16, to read as follows:

     “Sec. 17. Chapter 361 of NRS is hereby amended by adding thereto a new section to read as follows:

     1.  If a person intends to use or uses real property or personal property located in this state as a facility or energy system for the generation of electricity from renewable energy, the person may apply to the commission on economic development pursuant to this section for a partial abatement from the taxes imposed by this chapter.

     2.  The commission on economic development shall approve an application for a partial abatement pursuant to this section if the commission determines that the facility or energy system has not previously been allowed an exemption or partial abatement from the taxes imposed by this chapter.

     3.  If the commission on economic development approves an application for a partial abatement pursuant to this section:

     (a) The partial abatement applies only to the facility or energy system.

     (b) The partial abatement is:

          (1) For a period of 10 consecutive years, beginning on or after July 1, 2001; and

          (2) For an amount equal to 50 percent of the taxes imposed by this chapter on the facility or energy system for each year of that period.

     (c) During the period of the partial abatement, the facility or energy system is not entitled to an exemption or partial abatement from the taxes imposed by this chapter pursuant to any other specific statute.

     (d) The executive director of the commission on economic development shall notify the county assessor of each county in which the facility or energy system is located of the approval of the partial abatement, the date on which the partial abatement begins, and the duration and the percentage of the partial abatement. The executive director shall, on or before April 15 of each year, advise the county assessor of each county in which the facility or energy system is located as to whether the facility or energy system is entitled to the partial abatement in the next succeeding fiscal year.

     4.  As used in this section:

     (a) “Biomass” has the meaning ascribed to it in section 3 of this act.

     (b) “Facility or energy system for the generation of electricity from renewable energy” and “facility or energy system” mean a facility or energy system that:

          (1) Uses renewable energy as its primary source of energy to generate electricity; and

          (2) Is not located on residential property.

FLUSH
 
The term includes all the equipment in the facility and all the components of the energy system that are used to collect and store the renewable energy and to convert the renewable energy into electricity.

     (c) “Renewable energy” means:

          (1) Biomass;

          (2) Hydrogen;

          (3) Geothermal energy;

          (4) Solar energy;

          (5) Waterpower; and

          (6) Wind.

FLUSH
 
The term does not include coal, natural gas, oil, propane or any other fossil fuel, or nuclear energy.”.

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

“conservation of energy and the use of alternative sources of energy; authorizing certain partial abatements from taxation for certain facilities and energy systems that use renewable energy to generate electricity; and providing other matters”.