1. On or before the first Monday in October of each year, the Nevada Tax Commission shall:
(a) Define the classifications of agricultural real property.
(b) Except as otherwise provided in paragraph (c), determine the valuations for each classification on the basis provided in NRS 361.325.
(c) Provide for the determination of the value of the land covered by a residence or necessary to support the residence in the same manner as other real property pursuant to NRS 361.227.
(d) Prepare a bulletin listing all classifications and values thereof for the following assessment year.
2. The county assessors shall classify agricultural real property utilizing the definitions and applying the appropriate values published in the Tax Commission’s bulletin.
(Added to NRS by 1975, 1758; A 1983, 1617; 1989, 1828)
Structure Nevada Revised Statutes
Chapter 361A - Taxes on Agricultural Real Property and Open Space
NRS 361A.020 - "Agricultural real property" defined.
NRS 361A.030 - "Agricultural use" defined.
NRS 361A.031 - "Converted to a higher use" defined.
NRS 361A.0315 - "Golf course" defined.
NRS 361A.032 - "Higher use" defined.
NRS 361A.040 - "Open-space real property" defined.
NRS 361A.050 - "Open-space use" defined.
NRS 361A.060 - "Owner" defined.
NRS 361A.065 - "Parcel" defined.
NRS 361A.090 - Legislative declaration.
NRS 361A.100 - Application by owner.
NRS 361A.110 - Filing, contents and execution of application.
NRS 361A.130 - Determination of value for agricultural use; notification of assessment.
NRS 361A.140 - Classification of agricultural property; valuations for each classification.
NRS 361A.150 - Disqualification of property.
NRS 361A.160 - Appeal of determination.
NRS 361A.180 - Application by owner.
NRS 361A.190 - Filing, contents and execution of application.
NRS 361A.200 - Action on application by governing bodies of county and city: Procedure.
NRS 361A.210 - Orders of approval or denial by board of county commissioners.
NRS 361A.220 - Determination of value for open-space use; notification of assessment.
NRS 361A.225 - Determination of value for open-space use of real property used as golf course.
NRS 361A.230 - Disqualification of property.
NRS 361A.240 - Appeal from determination; equalization of assessment.
NRS 361A.250 - Redetermination of use: Complaint; hearing; order; judicial review.
NRS 361A.271 - Assessor to give owner notice of determination; contents of notice.
NRS 361A.273 - Appeal from determination or valuations.
NRS 361A.277 - Determination of taxable value when property converted to higher use.
NRS 361A.280 - Payment of deferred tax when property converted to higher use.