reglab/housing_qa huggingface dataset:
NV Rev Stat § 231A.220 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.220 - Limitations on relationship between insurer or affiliate and qualified community development entity.

  1. An insurer or an affiliate of an insurer may not:  (a) Manage a qualified community development entity; or  (b) Control the direction of equity investments for a qualified community development entity.  2. The provisions of subsection 1 apply to any entity described in subsection 1 regardless of whether the entity does business in this State.  3. This section does not preclude an entity described in subsection 1 from exercising legal rights or remedies, including the interim management of a qualified community development entity, with respect to a qualified community development entity that is in default of any statutory or contractual obligations to the entity described in subsection 1.  4. This chapter does not limit the amount of nonvoting equity interests in a qualified community development entity that an entity described in subsection 1 may own.  5. For the purposes of this section:  (a) "Affiliate of an insurer" has the meaning ascribed to the term "affiliate" in NRS 692C.030.  (b) "Insurer" has the meaning ascribed to it in NRS 679A.100.  (Added to NRS by 2013, 3448)
NV Rev Stat § 231A.240 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.240 - Use of qualified equity investments by qualified entity: Percentage required to be invested in severely distressed census tracts; reduction in required percentage by Director; refinancing of investments.

  1. A qualified community development entity which issues qualified equity investments under this chapter shall make qualified low-income community investments in businesses located in severely distressed census tracts, on a combined basis with all of its affiliated qualified community development entities that have issued qualified equity investments under this chapter, in an amount equal to at least 30 percent of the purchase price of all qualified equity investments issued by such entities.  2. The Director may reduce the requirement in subsection 1 to 20 percent if the qualified community development entity uses its commercially reasonable best efforts to satisfy the requirements of subsection 1 and fails to do so within 9 months after its initial credit allowance date.  3. A qualified community development entity which makes a qualified low-income community investment must allow the business in which the qualified low-income community investment is made to apply to refinance the qualified low-income investment if at least 4 years has passed since the qualified community development entity made the qualified low-income investment and the qualified low-income investment has not previously been refinanced.  4. As used in this section, "severely distressed census tract" means a census tract that, in the immediately preceding census, had:  (a) More than 30 percent of households with a household income below the federally designated level signifying poverty;  (b) A median household income of less than 60 percent of the median household income in this State; or  (c) A rate of unemployment that was equal to or greater than 150 percent of the national average.  (Added to NRS by 2013, 3450; A 2019, 3700)
NV Rev Stat § 231A.245 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.245 - Qualified low-income community investments: Investments from more than one qualified community development entity; use of certain money for investments.

  1. A qualified community development entity may make a qualified low-income community investment jointly with one or more other qualified community development entities.  2. A qualified community development entity may make a qualified low-income community investment using money attributable to:  (a) The purchase price of a qualified equity investment;  (b) The amount paid to a qualified community development entity for a qualified equity investment, as defined in 26 U.S.C. § 45D(b), by an entity that receives a tax credit pursuant to 26 U.S.C. § 45D; or  (c) Any combination of the amounts described in paragraphs (a) and (b).  (Added to NRS by 2019, 3696)
NV Rev Stat § 231A.260 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.260 - Recapture: Cure period; notice requirement.

Enforcement of each of the recapture provisions set forth in NRS 231A.250 is subject to a 6-month cure period. No recapture may occur until the qualified community development entity has been given notice of noncompliance and afforded 6 months after the date of the notice to cure the noncompliance.  (Added to NRS by 2013, 3451)
NV Rev Stat § 231A.270 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.270 - Designation of investment or security as qualified equity investment by qualified community development entity: Fee.

  1. A qualified community development entity that seeks to have an equity investment or long-term debt security designated as a qualified equity investment and eligible for tax credits under this chapter must pay a fee in the amount of 0.5 percent of the amount of the equity investment or long-term debt security requested to be designated as a qualified equity investment to the Department. The fee must be deposited in the New Markets Performance Guarantee Account, which is hereby created in the State General Fund. The entity forfeits the fee in its entirety if:  (a) The qualified community development entity and its affiliates and partners which are also qualified community development entities fail to issue the total amount of qualified equity investments certified by the Department and receive cash in the total amount certified pursuant to subsection 3 of NRS 231A.230; or  (b) The qualified community development entity or any affiliate or partner which is also a qualified community development entity that issues a qualified equity investment certified under this chapter fails to meet the investment requirement specified in subsection 3 of NRS 231A.250 by the second credit allowance date of the qualified equity investment. Forfeiture of the fee under this paragraph is subject to the 6-month cure period established pursuant to NRS 231A.260.  2. The fee required pursuant to subsection 1 must be paid to the Department and held in the New Markets Performance Guarantee Account until such time as compliance with the provisions of subsection 1 has been established. The qualified community development entity may request a refund of the fee from the Department no sooner than 30 days after having met all the requirements of subsection 1. The Department shall refund the fee within 30 days after such a request or being given notice of noncompliance.  (Added to NRS by 2013, 3451)
NV Rev Stat § 231A.280 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.280 - Department to issue letter rulings regarding tax credits: Requirements for letter rulings; letter rulings binding on Department, agents or successors until tax credits claimed.

  1. The Department shall issue letter rulings regarding the tax credit program authorized under this chapter, subject to the terms and conditions set forth in this section.  2. The Department shall respond to a request for a letter ruling within 60 days after receipt of the request. The applicant may provide a draft letter ruling for the Department’s consideration. The applicant may withdraw the request for a letter ruling, in writing, before the issuance of the letter ruling. The Department may refuse to issue a letter ruling for good cause, but must list the specific reasons for refusing to issue the letter ruling. Good cause includes, but is not limited to:  (a) The applicant requests the Department to determine whether a statute is constitutional or a regulation is lawful;  (b) The request involves a hypothetical situation or alternative plans;  (c) The facts or issues presented in the request are unclear, overbroad, insufficient or otherwise inappropriate as a basis upon which to issue a letter ruling; and  (d) The issue is currently being considered in a rulemaking procedure, contested case, or other agency or judicial proceeding that may definitively resolve the issue.  3. Letter rulings bind the Department and the Department’s agents and their successors until such time as the entity or its shareholders, members or partners, as applicable, claim all the covered tax credits on a tax return or report, subject to the terms and conditions set forth in any regulations adopted by the Director pursuant to NRS 231A.150. A letter ruling applies only to the applicant.  4. In rendering letter rulings and making other determinations under this chapter, to the extent applicable, the Department of Business and Industry and the Department of Taxation shall look for guidance to section 45D of the Internal Revenue Code of 1986, 26 U.S.C. § 45D, and the rules and regulations issued thereunder.  5. For the purposes of this section, "letter ruling" means a written interpretation of law to a specific set of facts provided by the applicant requesting the ruling.  (Added to NRS by 2013, 3452)
NV Rev Stat § 231A.290 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.290 - Entity claiming tax credit not required to pay additional taxes resulting from claim of credit.

  1. An entity claiming a credit under this chapter is not required to pay any additional retaliatory tax levied pursuant to NRS 680A.330 as a result of claiming that credit.  2. In addition to the exclusion in subsection 1, an entity claiming a credit under this chapter is not required to pay any other additional tax as a result of claiming that credit.  (Added to NRS by 2013, 3453)
NV Rev Stat § 231A.300 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.300 - Decertification of qualified equity investment: Circumstances; limitations on distribution and payment on securities by qualified community development entity; notice requirements.

  1. Once certified under subsection 3 of NRS 231A.230, a qualified equity investment may not be decertified unless all the requirements of subsection 2 have been met. Until all qualified equity investments issued by a qualified community development entity are decertified under this section, the qualified community development entity is not entitled to distribute to its equity holders or make cash payments on long-term debt securities that have been designated as qualified equity investments in an amount that exceeds the sum of:  (a) The cumulative operating income, as defined by regulations adopted under section 45D of the Internal Revenue Code of 1986, 26 U.S.C. § 45D, earned by the qualified community development entity since issuance of the qualified equity investment, before giving effect to any interest expense from the long-term debt securities designated as qualified equity investments; and  (b) Fifty percent of the purchase price of the qualified equity investments issued by the qualified community development entity.  2. To be decertified, a qualified equity investment must:  (a) Be beyond its seventh credit allowance date;  (b) Have been in compliance with NRS 231A.250 through its seventh credit allowance date, including coming into compliance during any cure period allowed pursuant to NRS 231A.260; and  (c) Have had its proceeds invested in qualified active low-income community investments such that the total qualified active low-income community investments made, cumulatively including reinvestments, exceeds 150 percent of its qualified equity investment.  3. A qualified community development entity that seeks to have a qualified equity investment decertified pursuant to this section must send notice to the Department of its request for decertification together with evidence supporting the request. The provisions of paragraph (b) of subsection 2 shall be deemed to be met if no recapture action has been commenced by the Department as of the seventh credit allowance date. The Department shall respond to such a request within 30 days after receiving the request. Such a request must not be unreasonably denied. If the request is denied for any reason, the burden of proof is on the Department in any subsequent administrative or legal proceeding.  (Added to NRS by 2013, 3453)
NV Rev Stat § 231A.310 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.310 - Qualified community development entity not entitled to pay to affiliates fees in connection with qualified investments before decertification.

A qualified community development entity is not entitled to pay to any affiliate of the qualified community development entity any fees in connection with any activity under this chapter before decertification pursuant to NRS 231A.300 of all qualified equity investments issued by the qualified community development entity. This section does not prohibit a qualified community development entity from allocating or distributing income earned by it to such affiliates or paying reasonable interest on amounts loaned to the qualified community development entity by those affiliates.  (Added to NRS by 2013, 3453)
NV Rev Stat § 231A.320 (2021)
2021 Nevada Revised Statutes|Chapter 231A - Nevada New Markets Jobs Act|NRS 231A.320 - Duties of Director: Annual review of qualified community development entity; report to Legislature.

  1. The Director shall conduct an annual review of each qualified community development entity that has been granted an application for a qualified equity investment pursuant to NRS 231A.230 to ensure that:  (a) The qualified community development entity remains in compliance with the provisions of this chapter and any regulations adopted pursuant thereto; and  (b) Any qualified equity investment certified pursuant to NRS 231A.230 meets the eligibility criteria prescribed in this chapter and any regulations adopted pursuant thereto.  2. On June 30 of each even-numbered year, the Director shall submit a report to the Director of the Legislative Counsel Bureau for transmittal to the Legislature. The report must include, for each qualified equity investment certified pursuant to NRS 231A.230:  (a) Information on the impact of the qualified equity investment on the economy of this State, including, without limitation, the number of jobs created by the qualified equity investment; and  (b) Proof that the qualified community development entity responsible for the qualified equity investment is in compliance with the provisions of this chapter and any regulations adopted pursuant thereto.  (Added to NRS by 2013, 3454)
NV Rev Stat § 232.003 (2021)
2021 Nevada Revised Statutes|Chapter 232 - State Departments|NRS 232.003 - Policy on public engagement incorporating use of Internet and Internet tools.

  1. It is the policy of this State to strengthen and further promote broad, inclusive and meaningful engagement by the general public and interested stakeholders in the activities of the State Government by adopting methods of public participation and public comment that incorporate the use of the Internet and Internet tools. To assist in carrying out this policy each state agency is encouraged, to the extent practicable and within the limits of available money, to develop a policy on public engagement that incorporates the use of the Internet and Internet tools for the purpose of encouraging public participation and soliciting public comments on the activities of the state agency, including, without limitation, the development or adoption of regulations, policies and programs. The Internet tools used by the state agency may include, without limitation, electronic mail, electronic mailing lists, online forums and social media.  2. As used in this section:  (a) "Social media" means any electronic service or account or electronic content, including, without limitation, videos, photographs, blogs, video blogs, podcasts, instant and text messages, live chat, mobile applications, online services or Internet website profiles.   (b) "State agency" means every public agency, bureau, board, commission, department or division of the Executive Department of the State Government.  (Added to NRS by 2015, 1007)
NV Rev Stat § 232.004 (2021)
2021 Nevada Revised Statutes|Chapter 232 - State Departments|NRS 232.004 - State Administrative Manual: Creation; compilation and publication; notice requirements for proposed changes; submission of comments about proposed changes.

  1. The State Administrative Manual is hereby created. The Director of the Department of Administration or the Director of the Office of Finance shall compile and publish in the State Administrative Manual any policies and procedures adopted or amended by the State Board of Examiners pursuant to NRS 353.040.  2. In addition to complying with the requirements of NRS 241.020, the Director of the Department of Administration or the Director of the Office of Finance, as applicable, shall, not later than 30 days before presenting to the State Board of Examiners any policy or procedure for adoption, amendment or repeal, cause notice of the proposed action to be posted on the Internet website used by the State Board of Examiners to provide public notice of its meetings. The notice must:  (a) Be accessible through a conspicuous link that appears on the main page of that website;  (b) Include the full text of the policy or procedure proposed to be adopted, amended or repealed, clearly setting forth any language proposed for addition to or deletion from the policy or procedure;  (c) Solicit the submission of written comments by any interested person to the Director of the Department of Administration or the Director of the Office of Finance, as appropriate, for transmittal to the State Board of Examiners, concerning its proposed action and set forth the address for the submission of such comments and the deadline for submission applicable pursuant to subsection 3; and  (d) Set forth the date on which the adoption, amendment or repeal of the policy or procedure becomes effective if action is taken as proposed.  3. Any written comments submitted to the Director of the Department of Administration or the Director of the Office of Finance, as applicable, pursuant to subsection 2 must be submitted not later than 5 working days before the meeting at which the proposed adoption, amendment or repeal is to be considered by the State Board of Examiners and must be entered into the record of the Board.  (Added to NRS by 2013, 61) — (Substituted in revision for NRS 232.2155)
NV Rev Stat § 232.005 (2021)
2021 Nevada Revised Statutes|Chapter 232 - State Departments|NRS 232.005 - Transfer of personnel within department authorized; powers and duties of director or chief executive officer.

The director or chief executive officer of each of the departments established by law within the Executive Branch of State Government shall conduct such investigations and studies as he or she deems necessary to determine the most efficient and economical use of the personnel of the department. The director or chief executive officer may transfer the personnel of one or more divisions of his or her department to one or more other divisions if he or she finds that such transfer will result in a greater utilization of personnel, produce a more efficient operation of the department, result in economies within the department or improve the organization of the department.  (Added to NRS by 1965, 1431)
NV Rev Stat § 232.006 (2021)
2021 Nevada Revised Statutes|Chapter 232 - State Departments|NRS 232.006 - Acceptance of consular identification card, permanent resident card or tribal identification card to identify person.

  1. Except as otherwise provided in subsection 2 and NRS 483.290, 483.860 and 486.081, with respect to any activity or transaction in which a state agency accepts an identification card issued by the Department of Motor Vehicles to identify a person, the state agency may also accept a consular identification card, permanent resident card or tribal identification card to identify a person.  2. The provisions of subsection 1 apply only to the presentation of a consular identification card, permanent resident card or tribal identification card for purposes of identification and do not convey an independent right to receive benefits of any type.  3. To be accepted pursuant to subsection 1 to identify a person, an identification card issued by a tribal government must contain:  (a) The full legal name of the holder of the card;  (b) The date of birth of the holder of the card;  (c) A unique number assigned to the holder of the card;  (d) A digital photograph of the full face of the holder of the card;  (e) The address of the principal residence of the holder of the card;  (f) A physical description of the holder of the card, including, without limitation, the height, weight, hair color and eye color of the holder of the card;  (g) The usual signature of the holder of the card;  (h) The date on which the card is issued; and  (i) A reference to the tribal government which issued the card.  4. As used in this section:  (a) "Consular identification card" means an identification card issued by a consulate of a foreign government, which consulate is located within the State of Nevada.  (b) "Identification card issued by the Department of Motor Vehicles" means an identification card of the type described in NRS 483.810 to 483.890, inclusive.  (c) "Permanent resident card" means a Permanent Resident Card issued by the United States Citizenship and Immigration Services of the Department of Homeland Security.  (d) "State agency" means every public agency, bureau, board, commission, department or division of the Executive Department of State Government.  (e) "Tribal government" has the meaning ascribed to it in NRS 239C.105.  (f) "Tribal identification card" means an identification card issued by a tribal government which satisfies the requirements of subsection 3.  (Added to NRS by 2003, 1933; A 2017, 94, 1619, 2268)