Nevada Administrative Code
Chapter 231 - Economic Development and Tourism
OFFICE OF ECONOMIC DEVELOPMENT
Transferable Tax Credits to Promote Economic Development
Section 231.375 - Agreement with certified entity upon approval of application

1. The number of primary jobs that the certified entity must create to be awarded transferable tax credits;

2. The average wage that the certified entity must pay to be awarded transferable tax credits;

3. A requirement that the certified entity offer health insurance to the person who holds each primary job created by the entity;

4. A schedule for the disbursement of transferable tax credits based on the certified entity meeting targets set forth in the agreement for the creation of primary jobs;

5. The consent of the certified entity to the public disclosure of:

6. A provision providing that if the Executive Director finds that the certified entity is not in compliance with the agreement, the Executive Director:

7. A statement that if the agreement becomes void pursuant to subsection 6, interest must accrue on the amount of the transferable tax credits to be refunded by the certified entity beginning on the date that is 30 days after the issuance of the notice provided pursuant to paragraph (a) of subsection 6; and

8. Any additional agreement terms deemed necessary by the Executive Director.