Nevada Code § 706.8825

Taxicab Authority Fund: Creation; deposits; use; petty cash account
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1. All fees collected pursuant to NRS 706.881 to 706.885 , inclusive, must be deposited by
the Administrator to the credit of the Taxicab Authority Fund, which is hereby
created as a special revenue fund. The transactions for each county subject to
those sections must be accounted for separately within the Fund.
2. The interest and income earned on the
money in the Fund, after deducting any applicable charges, must be credited to
the Fund.
3. The revenues received pursuant to
subsection 1 of NRS 706.8826 are hereby
appropriated to defray the cost of regulating taxicabs in the county or the
city, respectively, making the deposit under that subsection.
4. The fees received pursuant to
subsection 3 of NRS 706.8826 , NRS 706.8827 , 706.8841 , 706.8848 , 706.8849 and 706.885 are hereby appropriated to defray
the cost of regulating taxicabs in the county in which the certificate holder
operates a taxicab business. The technology fees received pursuant to paragraph
(c) of subsection 3 of NRS 706.8826 may
be used to implement technological improvements in safety.
5. Any balance remaining in the Fund does
not revert to the State General Fund. The Administrator may transfer to the
Aging and Disability Services Division of the Department of Human Services any
balance over $200,000 and any interest earned on the Fund, within the limits of
legislative authorization for each fiscal year, to subsidize transportation for
elderly persons and persons with permanent disabilities in taxicabs. The money
transferred to the Aging and Disability Services Division must be administered
in accordance with regulations adopted by the Administrator of the Aging and
Disability Services Division pursuant to NRS
427A.070 .
6. The Administrator may establish an
account for petty cash not to exceed $2,000 for the support of undercover
investigation and if the account is created, the Administrator shall reimburse
the account from the Taxicab Authority Fund in the same manner as other claims
against the State are paid.

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