Senate Bill No. 380–Senator Schneider

 

CHAPTER..........

 

AN ACT relating to contractors; eliminating the duty of a contractor to require proof of payment of the business tax from a subcontractor with whom he has a contract; 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 364A.340 is hereby amended to read as follows:

   364A.340  A person who:

   1.  Is required to be licensed pursuant to chapter 624 of NRS; and

   2.  Contracts with a subcontractor who is required to be licensed

pursuant to that chapter and to have a business license and pay the tax

imposed by this chapter,

shall require proof that the subcontractor has a business license [and has

paid the tax imposed by this chapter] before commencing payments to the

subcontractor. For the purposes of this section, a subcontractor proves that

he has a business license [and has paid the tax imposed by this chapter by

presenting a receipt for or other evidence that he made the last quarterly

payment required pursuant to this chapter.] by submitting a copy of the

business license to the contractor.

   Sec. 2.  Section 2 of Assembly Bill No. 656 of this session is hereby

repealed.

   Sec. 3.  This act becomes effective on July 1, 2001.

 

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