1. The Board shall issue a contractors license by endorsement to an applicant who: (a) Submits to the Board proof of a contractual agreement to perform work on an attainable housing project in a rural area for which a contractors license is required; (b) Holds a valid and unrestricted contractors license in the District of Columbia or any state or territory of the United States and the Board determines that the qualifications for that contractors license are substantially similar to the requirements for the issuance of a contractors license in this State; (c) Has held the contractors license described in paragraph (a) for at least 4 consecutive years; (d) Has not been disciplined by the corresponding regulatory authority of the District of Columbia or any state or territory of the United States in which the applicant currently holds or has held a contractors license; (e) Does not have pending any disciplinary action concerning his or her contractors license in the District of Columbia or any state or territory of the United States; (f) Submits to the Board a complete set of his or her fingerprints and written permission authorizing the regulatory body to forward the fingerprints to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for its report or proof that the applicant has previously passed a comparable criminal background check; and (g) Submits to the Board the statement required by NRS 425.520 . 2. The Board shall approve or deny an application for a contractors license by endorsement submitted pursuant to this section not more than 60 days after the receipt of a completed application, including, without limitation, evidence that the applicant meets the requirements set forth in subsection 1. 3. The Board shall not charge any fee in connection with a contractors license by endorsement issued pursuant to this section. 4. Before issuing a contractors license by endorsement pursuant to this section, the Board shall require that the applicant comply with the requirements set forth in NRS 624.256 and 624.270 . 5. A person who obtains a contractors license by endorsement pursuant to this section: (a) May only perform work relating to an attainable housing project in a rural area of the State; and (b) Shall not perform any other work in this State unless the person obtains a contractors license in this State. 6. Notwithstanding the provisions of subsections 4 and 7 of NRS 624.3015 , a person who meets the requirements of paragraphs (b) to (e), inclusive, of subsection 1, may submit a bid on an attainable housing project or enter into a contractual agreement to perform work on an attainable housing project in a rural area for which a contractors license is required. 7. An applicant for a contractors license by endorsement shall not perform any work on an attainable housing project until the Board has issued the applicant the contractors license by endorsement. 8. A contractors license by endorsement issued pursuant to this section expires on December 31, 2029. 9. The Board shall adopt any regulation necessary to carry out the provisions of this section. 10. As used in this section: (a) Attainable housing project has the meaning ascribed to it in NRS 319.710 . (b) Rural area means: (1) Any county whose population is less than 100,000; (2) Any city in a county whose population is less than 100,000; or (3) Any city whose population is less than 60,000 in a county whose population is 100,000 or more.
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