Matching funds” defined.

NRS 231.3717, under ECONOMIC DEVELOPMENT, TOURISM AND CULTURAL AFFAIRS.

NRS 231.3717

NRS 231.3717 “Matching funds” defined. “Matching funds” means an amount of money invested by this State in the capital construction of a qualified project in an amount equal to the amount of money invested by the participants in that project. The term does not include the value of in-kind services or other nonmonetary contributions. (Added to NRS by 2023, 3124)