Nevada Revised Statutes
Chapter 377B - Tax for Infrastructure
NRS 377B.160 - Infrastructure fund: Expenditure of principal, interest and income.

The money in the infrastructure fund, including interest and any other income from the fund:
1. In a county whose population is 700,000 or more, must only be expended by the water authority, distributed by the water authority to its members, distributed by the water authority pursuant to NRS 377B.170 to a city or town located in the county whose territory is not within the boundaries of the area served by the water authority or to a public entity in the county which provides water or wastewater services and which is not a member of the water authority or, if no water authority exists in the county, expended by the board of county commissioners for:
(a) The acquisition, establishment, construction, improvement or equipping of water and wastewater facilities;
(b) The payment of principal and interest on notes, bonds or other securities issued to provide money for the cost of projects described in paragraph (a); or
(c) Any combination of those purposes.
The board of county commissioners may only expend money from the infrastructure fund pursuant to this subsection in the manner set forth in the plan adopted pursuant to subsection 7 of NRS 377B.100.
2. In a county whose population is 100,000 or more but less than 700,000, must only be expended by the board of county commissioners in the manner set forth in the plan adopted pursuant to subsection 7 of NRS 377B.100 for:
(a) The acquisition, establishment, construction or expansion of:
(1) Projects for the management of floodplains or the prevention of floods; or
(2) Facilities relating to public safety;
(b) The payment of principal and interest on notes, bonds or other securities issued to provide money for the cost of projects described in paragraph (a);
(c) The ongoing expenses of operation and maintenance of projects described in subparagraph (1) of paragraph (a), if such projects were included in a plan adopted by the board of county commissioners pursuant to subsection 7 of NRS 377B.100 before January 1, 2003;
(d) Any program to provide financial assistance to owners of public and private property in areas likely to be flooded in order to make such property resistant to flood damage that is established pursuant to NRS 244.3653; or
(e) Any combination of those purposes.
3. In a county whose population is less than 100,000, must only be expended by the board of county commissioners in the manner set forth in the plan adopted pursuant to subsection 7 of NRS 377B.100 for:
(a) The acquisition, establishment, construction, improvement or equipping of:
(1) Water facilities; or
(2) Wastewater facilities;
(b) The acquisition, establishment, construction, operation, maintenance or expansion of:
(1) Projects for the management of floodplains or the prevention of floods; or
(2) Facilities for the disposal of solid waste;
(c) The construction or renovation of facilities for schools;
(d) The construction or renovation of facilities having cultural or historical value;
(e) Projects described in subsection 2 of NRS 373.028;
(f) The acquisition, establishment, construction, expansion, improvement or equipping of facilities relating to public safety or to cultural and recreational, judicial or health and welfare functions;
(g) The ongoing expenses of operation and maintenance for services and supplies of facilities described in paragraph (f), excluding salaries and benefits;
(h) The payment of principal and interest on notes, bonds or other securities issued to provide money for the cost of projects, facilities and activities described in paragraphs (a) to (g), inclusive; or
(i) Any combination of those purposes.
(Added to NRS by 1997, 2399; A 2003, 1414; 2005, 567; 2007, 611; 2009, 1432; 2011, 1242, 3325; 2017, 1044)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 377B - Tax for Infrastructure

NRS 377B.010 - Definitions.

NRS 377B.020 - "Solid waste" defined.

NRS 377B.030 - "Wastewater facilities" defined.

NRS 377B.040 - "Water authority" defined.

NRS 377B.050 - "Water facilities" defined.

NRS 377B.100 - County ordinance imposing tax: Enactment; contents; cessation; periodic review of necessity for continued imposition; public hearing; plan for expenditure of proceeds; periodic review of plan in certain counties; impairment of outstand...

NRS 377B.110 - Mandatory provisions of ordinance imposing tax.

NRS 377B.120 - Mandatory provision of ordinance amending ordinance imposing tax.

NRS 377B.130 - Remittances to Department; deposit in Sales and Use Tax Account; distribution.

NRS 377B.140 - Redistribution by Department.

NRS 377B.150 - Infrastructure fund: Deposit of net tax proceeds.

NRS 377B.160 - Infrastructure fund: Expenditure of principal, interest and income.

NRS 377B.170 - Water authority in larger counties required to enter into interlocal agreement to provide distribution from infrastructure fund to certain cities, towns and other public entities.

NRS 377B.180 - Annual report of city, town or other public entity in interlocal agreement with water authority for distribution from infrastructure fund.

NRS 377B.190 - Money for payment of cost of project for which tax was imposed: Issuance of bonds or other obligations; direct distribution from infrastructure fund; authority of board of county commissioners or water authority.

NRS 377B.200 - Covenant or other provision to pledge and create lien upon tax proceeds, revenue generated by project or proceeds of certain securities.

NRS 377B.210 - Department required to disregard tax in determining amount of security required for payment of other sales and use taxes under certain circumstances.