360.757 - Notice required before Commission on Economic Development takes action on application for abatement.

360.757  Notice required before Commission on Economic Development takes action on application for abatement.

      1.  If the Commission on Economic Development receives an application for any abatement of taxes imposed on a business, the Commission shall, at least 30 days before the meeting at which the Commission takes any action on the application, provide notice of the application to:

      (a) The governing body of the county, the board of trustees of the school district and the governing body of the city or town, if any, in which the business is or will be located; and

      (b) The governing body of any other political subdivision that could be affected by the abatement.

      2.  The notice required by this section must set forth the date, time and location of the meeting at which the Commission on Economic Development will consider the application.

      3.  The Commission on Economic Development shall adopt regulations relating to the notice required by this section.

      (Added to NRS by 2009, 2541)