reglab/housing_qa huggingface dataset:
NV Rev Stat § 231.360 (2021)
2021 Nevada Revised Statutes|Chapter 231 - Economic Development, Tourism and Cultural Affairs|NRS 231.360 - Powers and duties of Commission on Tourism: Development and administration of Grant Program for Development of Projects Relating to Tourism; sources of money for Program; administration of account.

  1. The Commission may provide grants of money to counties, cities, and local and regional organizations in this State for the development of projects relating to tourism to the extent that:  (a) Money in the Fund for the Promotion of Tourism created by NRS 231.250 is made available for that purpose. The amount of revenue from taxes on the gross receipts from the rental of transient lodging made available for that purpose in any biennium must be determined through the budget process and approved by the Legislature.  (b) Gifts, grants or other money is made available for that purpose.  2. Except as otherwise provided in this subsection, the State Controller shall, upon the request of the Commission, transfer to the State General Fund all money made available for the use of the Commission pursuant to subsection 1. All such money must be accounted for separately in the State General Fund. The State Controller shall not transfer any revenue from taxes on the gross receipts from the rental of transient lodging from the Fund for the Promotion of Tourism to the State General Fund unless the transfer is approved by the Interim Finance Committee.  3. The Commission shall administer the account created pursuant to subsection 2 and may make grants only from that account. Any interest earned on the money in the account must be credited to the account quarterly. The money in the account does not revert to the State General Fund at the end of any fiscal year and must be carried forward to the next fiscal year.  4. The Commission shall:  (a) Develop and administer the Grant Program for the Development of Projects Relating to Tourism;  (b) Establish guidelines for the submission and review of applications to receive money from the Grant Program;  (c) Establish the criteria for eligibility to receive money from the Grant Program; and  (d) Consider and approve or disapprove applications for money from the Grant Program.  5. Except as otherwise provided in subsection 6, as a condition of eligibility for a grant from the Commission pursuant to this section, an applicant must provide an amount of money, at least equal to the amount of the grant, for the same purpose.  6. If an applicant for a grant is from a county whose population is less than 100,000 and the Commission determines that the applicant is financially unable to provide the matching money otherwise required by subsection 5, the Commission may provide a grant with less than equal matching money provided by the applicant.  (Added to NRS by 2001, 2828; A 2011, 2941)
NV Rev Stat § 231.600 (2021)
2021 Nevada Revised Statutes|Chapter 231 - Economic Development, Tourism and Cultural Affairs|NRS 231.600 - Definitions.

As used in NRS 231.600 to 231.720, inclusive, unless the context otherwise requires, the words and terms defined in NRS 231.610 to 231.670, inclusive, have the meanings ascribed to them in those sections.  (Added to NRS by 2019, 2144)
NV Rev Stat § 231.610 (2021)
2021 Nevada Revised Statutes|Chapter 231 - Economic Development, Tourism and Cultural Affairs|NRS 231.610 - "Air carrier" defined.

Air carrier means a person who provides commercial air transportation to passengers.  (Added to NRS by 2019, 2144)
NV Rev Stat § 231.620 (2021)
2021 Nevada Revised Statutes|Chapter 231 - Economic Development, Tourism and Cultural Affairs|NRS 231.620 - "Commission" defined.

Commission means the Nevada Air Service Development Commission created by NRS 231.680.  (Added to NRS by 2019, 2144)
NV Rev Stat § 231.630 (2021)
2021 Nevada Revised Statutes|Chapter 231 - Economic Development, Tourism and Cultural Affairs|NRS 231.630 - "Fund" defined.

Fund means the Nevada Air Service Development Fund created by NRS 231.690.  (Added to NRS by 2019, 2144)
NV Rev Stat § 231.640 (2021)
2021 Nevada Revised Statutes|Chapter 231 - Economic Development, Tourism and Cultural Affairs|NRS 231.640 - "Large hub airport" defined.

Large hub airport has the meaning ascribed to it in 49 U.S.C. § 47102.  (Added to NRS by 2019, 2144)
NV Rev Stat § 231.650 (2021)
2021 Nevada Revised Statutes|Chapter 231 - Economic Development, Tourism and Cultural Affairs|NRS 231.650 - "Local air service development entity" defined.

Local air service development entity means:  1. A tourism or development organization;   2. An organization formed to encourage increased air service in this State; or  3. A chamber of commerce.  (Added to NRS by 2019, 2144)
NV Rev Stat § 231.660 (2021)
2021 Nevada Revised Statutes|Chapter 231 - Economic Development, Tourism and Cultural Affairs|NRS 231.660 - "Nonhub airport" defined.

Nonhub airport has the meaning ascribed to it in 49 U.S.C. § 47102.  (Added to NRS by 2019, 2144)
NV Rev Stat § 231.670 (2021)
2021 Nevada Revised Statutes|Chapter 231 - Economic Development, Tourism and Cultural Affairs|NRS 231.670 - "Small hub airport" defined.

Small hub airport has the meaning ascribed to it in 49 U.S.C. § 47102.  (Added to NRS by 2019, 2144)
NV Rev Stat § 231.680 (2021)
2021 Nevada Revised Statutes|Chapter 231 - Economic Development, Tourism and Cultural Affairs|NRS 231.680 - Creation; election of Chair and Vice Chair; meetings; quorum.

  1. There is hereby created the Nevada Air Service Development Commission, consisting of:  (a) The Executive Director; and  (b) The members of the Commission on Tourism as provided in NRS 231.170.  2. At the first meeting of each fiscal year, the Commission shall elect from among its members a Chair, a Vice Chair and a Secretary.  3. The Commission shall meet at least once each calendar quarter and at other times at the call of the Chair or a majority of its members.  4. A majority of the members of the Commission constitutes a quorum for the transaction of all business.  (Added to NRS by 2019, 2144)
NV Rev Stat § 231.690 (2021)
2021 Nevada Revised Statutes|Chapter 231 - Economic Development, Tourism and Cultural Affairs|NRS 231.690 - Nevada Air Service Development Fund: Creation; gifts, grants and donations; interest; use.

  1. There is hereby created as a special revenue fund in the State Treasury the Nevada Air Service Development Fund.   2. The Commission may accept gifts, bequests, grants, appropriations and donations from any source for deposit in the Fund.  3. The money in the Fund must be invested as other state funds are invested. All interest earned on the deposit or investment of the money in the Fund, after deducting any applicable charges, must be credited to the Fund. Claims against the Fund must be paid as other claims against the State are paid.  4. The Commission may make grants of money from the Fund to air carriers that satisfy the criteria set forth in NRS 231.710.  (Added to NRS by 2019, 2144)
NV Rev Stat § 231.700 (2021)
2021 Nevada Revised Statutes|Chapter 231 - Economic Development, Tourism and Cultural Affairs|NRS 231.700 - Administration of Fund; regulations.

The Commission shall:  1. Administer the Fund; and  2. Adopt any regulations necessary or convenient to carry out the provisions of NRS 231.600 to 231.720, inclusive.  (Added to NRS by 2019, 2145)
NV Rev Stat § 231.710 (2021)
2021 Nevada Revised Statutes|Chapter 231 - Economic Development, Tourism and Cultural Affairs|NRS 231.710 - Grant program for air service or enhanced air service; requirements for grant application.

  1. The Commission shall develop a program to provide grants of money from the Fund to an air carrier that will service or provide enhanced air service routes that service an airport that is:  (a) A small hub airport, a nonhub airport or, if the air carrier provides air service through a large hub airport that services small hub airports and nonhub airports, a large hub airport; and  (b) Certified by the Federal Aviation Administration of the United States Department of Transportation pursuant to 14 C.F.R. Part 139.  2. An application for a grant of money from the Fund must be in the form prescribed by the Commission and must include, without limitation:  (a) A statement designating the small hub airport, nonhub airport or large hub airport described in subsection 1 for which the air carrier will commence or continue air service if the grant is awarded;  (b) Commitments from the air carrier that if the Commission awards the grant to the air carrier, the air carrier will enter into a written agreement with the Commission that provides for the air carrier to commence or continue air service to the airport designated in the application in exchange for receiving from the Commission one of the guarantees set forth in subsection 2 of NRS 231.720; and  (c) Letters of support from each airport that participates in the air service route offered by an air carrier pursuant to subsection 1.  (Added to NRS by 2019, 2145)
NV Rev Stat § 231.720 (2021)
2021 Nevada Revised Statutes|Chapter 231 - Economic Development, Tourism and Cultural Affairs|NRS 231.720 - Award of grants.

  1. The Commission may make a grant of money from the Fund if the Commission finds that the grant will:  (a) Enable an air carrier to commence or continue air service to a small hub airport, nonhub airport or large hub airport described in subsection 1 of NRS 231.710; and  (b) Provide economic benefit to this State.  2. The Commission may make a grant of money from the Fund only to:  (a) Guarantee that an air carrier will receive an agreed amount of revenue per flight that the air carrier operates into or out of the airport designated in the application pursuant to paragraph (a) of subsection 2 of NRS 231.710; or  (b) Guarantee a profit goal for the air carrier that is established by agreement between the air carrier and the Commission.  (Added to NRS by 2019, 2145)
NV Rev Stat § 231A.010 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.010 - Short title.

The provisions of this chapter may be cited as the Nevada New Markets Jobs Act.  (Added to NRS by 2013, 3446)
NV Rev Stat § 231A.020 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.020 - Legislative findings and declaration.

The Legislature hereby finds and declares that:  1. The purpose of this chapter is to provide community development and economic stimulation, particularly to distressed areas of this State;  2. All qualified community development entities, including, without limitation, minority-owned community development entities and those that have not entered into an allocation agreement with the Community Development Financial Institutions Fund of the United States Department of the Treasury, need to be involved in community development efforts; and  3. To maximize the benefit of this chapter, qualified community development entities that have entered into such allocation agreements are encouraged to work with all groups that are involved in community development in distressed areas, including, without limitation, minority-owned qualified community development entities, community development entities that have not entered into such allocation agreements and other Nevada-based entities that engage in community development.  (Added to NRS by 2013, 3446)
NV Rev Stat § 231A.030 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.030 - Definitions.

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 231A.040 to 231A.145, inclusive, have the meanings ascribed to them in those sections.  (Added to NRS by 2013, 3446; A 2019, 4364)
NV Rev Stat § 231A.040 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.040 - "Applicable percentage" defined.

Applicable percentage means 0 percent for the first two credit allowance dates, 12 percent for the next three credit allowance dates and 11 percent for the next two credit allowance dates.  (Added to NRS by 2013, 3446)
NV Rev Stat § 231A.050 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.050 - "Credit allowance date" defined.

Credit allowance date means, with respect to any qualified equity investment:  1. The date on which the investment is initially made; and  2. Each of the six anniversary dates immediately following the date on which the investment is initially made.  (Added to NRS by 2013, 3446)
NV Rev Stat § 231A.060 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.060 - "Department" defined.

Department means the Department of Business and Industry.  (Added to NRS by 2013, 3446)
NV Rev Stat § 231A.070 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.070 - "Director" defined.

Director means the Director of the Department.  (Added to NRS by 2013, 3446)
NV Rev Stat § 231A.075 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.075 - "Fresh food retailer" defined.

  1. "Fresh food retailer" means a retail establishment, whether organized for profit or not for profit, which is principally devoted to the sale of meat, seafood, fresh fruits and vegetables, dairy products, dry groceries and household products or which derives a substantial amount of its gross revenue from the sale of such products.  2. The term includes:  (a) A farmers’ market, as defined in NRS 244.336.   (b) A grocery store, as defined in NRS 597.225.  (Added to NRS by 2019, 4363)
NV Rev Stat § 231A.080 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.080 - "Liability for insurance premium tax" defined.

Liability for insurance premium tax means any liability incurred by any entity under NRS 680A.330 or 680B.025 to 680B.039, inclusive, or, if the tax liability under NRS 680A.330 or 680B.025 to 680B.039, inclusive, is eliminated or reduced, any tax liability to the Department of Taxation that is imposed on an insurance company or other person who had that tax liability under the laws of this State before the elimination or reduction of that tax liability.  (Added to NRS by 2013, 3446)
NV Rev Stat § 231A.090 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.090 - "Long-term debt security" defined.

Long-term debt security means any debt instrument which qualifies as such pursuant to NRS 231A.160.  (Added to NRS by 2013, 3446)
NV Rev Stat § 231A.100 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.100 - "Purchase price" defined.

Purchase price means the amount paid to the issuer of a qualified equity investment for the qualified equity investment.  (Added to NRS by 2013, 3446)
NV Rev Stat § 231A.110 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.110 - "Qualified active low-income community business" defined.

  1. "Qualified active low-income community business" has the meaning ascribed to it in section 45D of the Internal Revenue Code of 1986, 26 U.S.C. § 45D, and 26 C.F.R. § 1.45D-1.  2. The term is limited to qualified fresh food retailers and those businesses specified in NRS 231A.170.  (Added to NRS by 2013, 3447; A 2019, 4364)
NV Rev Stat § 231A.120 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.120 - "Qualified community development entity" defined.

Qualified community development entity has the meaning ascribed to it in section 45D of the Internal Revenue Code of 1986, 26 U.S.C. § 45D, but is limited to such an entity specified in NRS 231A.180.  (Added to NRS by 2013, 3447)
NV Rev Stat § 231A.130 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.130 - "Qualified equity investment" defined.

  1. "Qualified equity investment" means any equity investment in, or long-term debt security issued by, a qualified community development entity that:  (a) Except as otherwise provided in this section, is acquired after October 1, 2013, solely in exchange for cash at the original issuance of the equity investment;  (b) Has at least 85 percent of the cash purchase price of the equity investment used by the issuer to make qualified low-income community investments in qualified active low-income community businesses located in this State by the first anniversary of the initial credit allowance date; and  (c) Is designated by the issuer as a qualified equity investment under this section and is certified by the Department as complying with the limitations contained in subsection 5 of NRS 231A.230.  2. The term includes an investment that does not meet the requirements of subsection 1 if the investment was a qualified equity investment in the possession or control of a prior holder.  (Added to NRS by 2013, 3447)
NV Rev Stat § 231A.135 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.135 - "Qualified fresh food retailer" defined.

Qualified fresh food retailer means a business that is:  1. A fresh food retailer;  2. A business described in section 45D(d)(2) of the Internal Revenue Code of 1986, 26 U.S.C. § 45D(d)(2), and 26 C.F.R. § 1.45D-1(d)(4); and  3. Located in:  (a) An underserved community;  (b) A severely distressed census tract, as defined in NRS 231A.240; or   (c) A census tract that is contiguous to a census tract described in paragraph (a) or (b).  (Added to NRS by 2019, 4363)
NV Rev Stat § 231A.140 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.140 - "Qualified low-income community investment" defined.

Qualified low-income community investment means any capital or equity investment in, or loan to, any qualified active low-income community business. (Added to NRS by 2013, 3447)
NV Rev Stat § 231A.145 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.145 - "Underserved community" defined.

Underserved community means a census tract determined to be an area with low supermarket access by either the United States Department of Agriculture as identified in the Food Access Research Atlas or through a methodology that has been adopted for use by another governmental or philanthropic healthy food initiative.  (Added to NRS by 2019, 4364)
NV Rev Stat § 231A.150 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.150 - Regulations.

The Director may adopt regulations to carry out the provisions of this chapter.  (Added to NRS by 2013, 3454)
NV Rev Stat § 231A.160 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.160 - Qualifications for long-term debt security.

To qualify as long-term debt security, a debt instrument must be issued by a qualified community development entity, at par value or a premium, with an original maturity date of at least 7 years after the date of its issuance, with no acceleration of repayment, amortization or prepayment features before its original maturity date. The qualified community development entity that issues the debt instrument must not make interest payments in the form of cash on the debt instrument during the period beginning on the date of issuance and ending on the final credit allowance date in an amount that exceeds the cumulative operating income, as defined by regulations adopted under section 45D of the Internal Revenue Code of 1986, 26 U.S.C. § 45D, of the qualified community development entity for that period before giving effect to the interest expense of the long-term debt security. This section does not limit the holder’s ability to accelerate payments on the debt instrument in situations in which the issuer has defaulted on covenants designed to ensure compliance with this chapter or section 45D of the Internal Revenue Code of 1986, 26 U.S.C. § 45D.  (Added to NRS by 2013, 3454)
NV Rev Stat § 231A.180 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.180 - Qualified community development entity: Requirement for allocation agreement; additional entities included.

For the purpose of NRS 231A.120, a qualified community development entity is limited to an entity that has entered into, for the current year or any prior year, an allocation agreement with the Community Development Financial Institutions Fund of the United States Department of the Treasury with respect to credits authorized by section 45D of the Internal Revenue Code of 1986, 26 U.S.C. § 45D, which includes the State of Nevada within the service area set forth in the allocation agreement. Such an entity also includes any:  1. Affiliated qualified community development entities of any such qualified community development entity; and  2. Partners of any such qualified community development entity which are also qualified community development entities, regardless of whether any such partner has entered into an allocation agreement with the Community Development Financial Institutions Fund of the United States Department of the Treasury with respect to credits authorized by section 45D of the Internal Revenue Code of 1986, 26 U.S.C. § 45D.  (Added to NRS by 2013, 3455)
NV Rev Stat § 231A.200 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.200 - Vested right to credit against insurance premium tax liability: Use of credit; maximum yearly amount of credit; amount of credit that may carry forward to subsequent year.

An entity that makes a qualified equity investment earns a vested right to credit against the entity’s liability for insurance premium tax on a premium tax report filed pursuant to NRS 680B.030 that may be used as follows:  1. Except as otherwise provided in this subsection, on each credit allowance date of the qualified equity investment, the entity, or the subsequent holder of the qualified equity investment, is entitled to use a portion of the credit during the taxable year that includes the credit allowance date. If an entity makes a qualified equity investment on or after July 1, 2019, the entity may not use any portion of the credit against the entity’s liability for insurance premium tax for any period beginning before July 1, 2021.  2. The credit amount is equal to the applicable percentage for the credit allowance date multiplied by the purchase price paid to the issuer of the qualified equity investment.  3. Except as otherwise provided in subsection 4, the amount of the credit claimed by an entity must not exceed the amount of the entity’s liability for insurance premium tax for the tax year for which the credit is claimed.  4. If the insurance premium tax is eliminated or reduced below the level that was in effect on the first credit allowance date, the entity is entitled to a credit against any other taxes paid to the Department of Taxation in an amount equal to the difference between the amount the entity would have been able to claim against its insurance premium tax liability had the tax not been eliminated or reduced and the amount the entity was actually able to claim, if any.  Any amount of tax credit that the entity is prohibited from claiming in a taxable year as a result of subsection 3 or 4 may be carried forward for use in any subsequent taxable year.  (Added to NRS by 2013, 3447; A 2019, 3697)
NV Rev Stat § 231A.210 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.210 - Tax credits not to be refunded or sold; allocation of tax credits to partners, members or shareholders of earning entity.

No tax credit claimed under this chapter may be refunded or sold on the open market. Tax credits earned by a partnership, limited-liability company, S corporation or other similar pass-through entity may be allocated to the partners, members or shareholders of such an entity for their direct use in accordance with the provisions of any agreement among such partners, members or shareholders. Such an allocation is not considered a sale for the purpose of this chapter.  (Added to NRS by 2013, 3448)