Nevada Administrative Code › Chapter 701A - Energy-Related Tax Incentives › GREEN BUILDINGS: ELIGIBILITY FOR PARTIAL ABATEMENT OF PROPERTY TAXES › Section 701A.280 - Duration of partial tax abatement based upon number of points awarded for energy conservation by U.S. Green Building Council or Green Building Initiative

Current through June 11, 2024
1. If the Director issues a certificate of
			 eligibility pursuant to NAC 701A.240  for a building or other structure that is
			 registered with the Director as a new construction project and that meets the
			 equivalent of the silver level or higher under the LEED Rating System, or the
			 equivalent of the rating of Two Green Globes or higher under the Green Globes
			 Rating System, the Director will set the duration of the partial tax abatement
			 for the building or other structure based upon the number of points awarded by
			 Green Business Certification Inc. or the Green Building Initiative, as
			 applicable, for energy conservation in the Optimize Energy Performance credit or
			 Energy Performance section under the LEED Rating System or Green Globes Rating
			 System, as applicable, as provided in the following table:
LEED or Green Globes Certification Level
5-6 points in the Optimize Energy Performance credit
							 category (LEED) or
28-35
points in the Energy Performance section
							 (Green Globes)
7 points in the Optimize
Energy Performance credit category (LEED) or
36-39
points in the Energy Performance section (Green Globes)
8-10 points in the Optimize Energy Performance
							 credit category (LEED) or 40-51 points in the Energy Performance section (Green
							 Globes)
11-12 points in the Optimize
Energy Performance credit category (LEED) or
52-63
points in the Energy Performance section (Green
Globes)
13-14 points in the Optimize
Energy Performance credit category (LEED) or
64-75
points in the Energy Performance section (Green Globes)
15-16 points in the Optimize
Energy Performance credit category (LEED) or
76-91
points in the Energy Performance section (Green
Globes)
17-21 points in the Optimize
Energy Performance credit category (LEED) or
92-100
points in the
Energy Performance section (Green
Globes)
Silver level or
Two Green Globes
25 percent abatement for
3
years
25 percent abatement for
4
years
25 percent abatement for 6 years
25 percent abatement for 7 years
25 percent abatement for 8 years
25 percent abatement for 9 years
25 percent abatement for 10 years
Gold level
or
Three
Green
Globes
25 percent
abatement for
3
years
30 percent
abatement for
4
years
30 percent abatement for 6 years
30 percent abatement for 7 years
30 percent abatement for 8 years
30 percent abatement for 9 years
30 percent abatement for 10 years
Platinum level or
Four Green
Globes
25 percent abatement for
3
years
30 percent abatement for
4
years
30 percent abatement for 6 years
35 percent abatement for 7 years
35 percent abatement for 8 years
35 percent abatement for 9 years
35 percent abatement for 10 years
2. If
			 the Director issues a certificate of eligibility pursuant to NAC 701A.240  for a
			 building or other structure that registered with the Director as a project for
			 the retrofitting or improvement of an existing building and that meets the
			 equivalent of the silver level or higher under the LEED Rating System, or the
			 equivalent of the rating of Two Green Globes or higher under the Green Globes
			 Rating System, the Director will set the duration of the partial tax abatement
			 for the building or other structure based upon the number of points awarded by
			 Green Business Certification Inc. or the Green Building Initiative, as
			 applicable, for energy conservation in the Optimize Energy Performance credit or
			 Energy Consumption section under the LEED Rating System or Green Globes Rating
			 System, as applicable, as provided in the following table:
LEED or Green
Globes Certification
Level
5-6 points in the Optimize Energy Performance credit
							 category (LEED) or
40-47
points in the Energy
Consumption
section (Green Globes)
7-10 points in the Optimize Energy Performance credit
							 category (LEED) or
48-55
points in the Energy
Consumption
section (Green Globes)
11 or more
points in the Optimize Energy
							 Performance credit category (LEED) or
56 or more
points in the
							 Energy
Consumption
section (Green Globes)
Silver level or
Two Green Globes
25 percent abatement for 5 years
25 percent abatement for 5 years
25 percent abatement for 5 years
Gold level or
Three Green Globes
25 percent abatement for 5 years
30 percent abatement for 5 years
30 percent abatement for 5 years
Platinum level or
Four Green
Globes
25 percent abatement for 5 years
30 percent abatement for 5 years
35 percent abatement for 5 years
Added to NAC by Office of Energy by R116-07, eff. 12-4-2007; A by R127-13, 6-23-2014;	A by
				R128-18A,
				eff. 1/30/2019
NRS 701A.110