Nevada Code § 361.0905

Waiver of veterans exemption; designation of any amount of exemption for credit to Gift Account for veterans homes in southern or northern Nevada
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1. Any person who qualifies for an
exemption pursuant to NRS 361.090 or 361.091 may, in lieu of claiming the
exemption:
(a) Pay to the county tax receiver all or any
portion of the amount by which the tax would be reduced if the person claimed
the exemption; and
(b) Direct the county tax receiver to deposit
that amount for credit to the Gift Account for the Veterans Home in Southern
Nevada or the Gift Account for the Veterans Home in Northern Nevada established
pursuant to NRS 417.145 .
2. Any person who wishes to waive his or
her exemption pursuant to this section shall designate the amount to be
credited to a Gift Account on a form provided by the Nevada Tax Commission.
3. The county tax receiver shall deposit
any money received pursuant to this section with the State Treasurer for credit
to the Gift Account for the Veterans Home in Southern Nevada or the Gift
Account for the Veterans Home in Northern Nevada established pursuant to NRS 417.145 . The State Treasurer shall not
accept more than a total of $2,000,000 for credit to a Gift Account pursuant to
this section and NRS 371.1035 during
any fiscal year.

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