™Your Policy Risk Impact Agent
8 sections · 0 paragraphs in this article.
Nev. Const. art. 10, § 1 Uniform and equal rate of assessment and taxation; valuation of property; exceptions and exemptions; inheritance and personal income taxes prohibited
6.8K chars
1. The Legislature shall provide by law for a uniform and equal rate of assessment and taxation, and shall prescribe such regulations as shall secure a just valuation for taxation of all property, real, personal and possessory, except mines and mining claims, which shall be asses…
Nev. Const. art. 10, § 2 Total tax levy for public purposes limited
0.4K chars
The total tax levy for all public purposes including levies for bonds, within the state, or any subdivision thereof, shall not exceed five cents on one dollar of assessed valuation. [Added in 1936. Proposed and passed by the 1933 legislature; agreed to and passed by the 1935 legi…
Nev. Const. art. 10, § 3 Household goods and furniture of single household exempt from taxation
0.3K chars
Sec. [3]. All household goods and furniture used by a single household and owned by a member of that household are exempt from taxation. [Added in 1982. Proposed by initiative petition and approved by the people at the 1980 and 1982 general elections.]
Nev. Const. art. 10, § 4 Taxation of estates taxed by United States; limitations
1.7K chars
The legislature may provide by law for the taxation of estates taxed by the United States, but only to the extent of any credit allowed by federal law for the payment of the state tax and only for the purpose of education, to be divided between the common schools and the state un…