Nevada Code § 244.33512

Optional tax on revenues from rental of transient lodging: Distribution and use of proceeds of tax imposed throughout county
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In a county in which a tax has been imposed
pursuant to paragraph (a) of subsection 1 of NRS
244.3351 :
1. The proceeds of the tax and any
applicable penalty or interest must be:
(a) Remitted to the appropriate city if collected
in the incorporated area of any city and not within any transportation district
created by the county, or if collected in any transportation district created
by a city; or
(b) Retained by the county if collected
elsewhere, and used as provided in this section.
2. Except as otherwise provided in
subsection 3, if the county has created one or more transportation districts,
it shall use any part of the money retained which is collected within the
boundaries of a transportation district to pay the cost of:
(a) Projects related to the construction and
maintenance of sidewalks, streets, avenues, boulevards, highways, bridges and
other public rights-of-way used primarily for vehicular or fixed guideway
traffic, including, without limitation, overpass projects, street projects and
underpass projects, as defined in NRS
244A.037 , 244A.053 and 244A.055 , respectively:
(1) Within the boundaries of the district;
(2) Within 1 mile outside the boundaries
of the district if the governing body finds that such projects outside the
boundaries of the district will facilitate transportation within the district;
or
(3) Within 30 miles outside the boundaries
of the district and the boundaries of this State, where those boundaries are
coterminous, if:
(I) The projects consist of
improvements to a highway which is located wholly or partially outside the
boundaries of this State and which connects this State to an interstate
highway; and
(II) The governing body finds that
such projects will provide a significant economic benefit to the district;
(b) Payment of principal and interest on notes,
bonds or other obligations issued by the county to fund projects described in
paragraph (a); or
(c) Any combination of those uses.
3. In addition to those uses set forth in
subsection 2, if a county has created one or more transportation districts and
all or any portion of those districts are located in an area that is governed
by an interstate compact entered into by this State and a state that borders
this State, the county may use any part of the money retained which is
collected within the boundaries of a transportation district to pay the cost of
establishing, operating and maintaining a public transit system, including any
improvement thereto, within the boundaries of the district, or outside those
boundaries if the governing body finds that such a system outside the
boundaries of the district will facilitate transportation within the district,
or both.
4. If the county has entered into an
agreement pursuant to NRS 277.080 to 277.170 , inclusive, which contemplates
later payment by the other party of a portion of the cost of a project which
may be funded pursuant to subsection 2, the county may pay from retained
proceeds the principal and interest on notes, bonds or other obligations issued
in anticipation of that payment.
5. Any part of the money retained which is
collected in the unincorporated area of the county and not within any
transportation district created by the county or a city must be used for the
same purposes:
(a) Within the unincorporated area of the county;
(b) Within 1 mile outside the unincorporated area
of the county if the board of county commissioners finds that such projects
outside that area will facilitate transportation within that area; or
(c) Within 30 miles outside the unincorporated
area of the county and the boundaries of this State, where those boundaries are
coterminous, if:
(1) The projects consist of improvements
to a highway which is located wholly or partially outside the boundaries of
this State and which connects this State to an interstate highway; and
(2) The board of county commissioners
finds that such projects will provide a significant economic benefit to that
area.
6. As used in this section:
(a) Improvement has the meaning ascribed to it
in NRS 244A.033 .
(b) Public transit system means a system
designed to facilitate the transportation of members of the general public,
including:
(1) The use of motor buses, rails or any
other means of conveyance, operated by whatever type of power; and
(2) An offstreet parking project or an
overpass project as defined in NRS
244A.035 and 244A.037 ,
respectively.

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