Tax on revenues from rental of transient lodging: Distribution of proceeds, penalty and interest.
Nev. Rev. Stat. § 268.0962
in effectThe proceeds of the tax imposed pursuant to NRS 268.096 and any applicable penalty or interest must be distributed as follows:
1. In a county whose population is 700,000 or more:
(a) Three-eighths of the first 1 percent of the proceeds must be paid to the Department of Taxation for deposit with the State Treasurer for credit to the Fund for the Promotion of Tourism.
(b) The remaining proceeds must be transmitted to the county treasurer for deposit in the county school districts fund for capital projects established pursuant to NRS 387.328 , to be held and expended in the same manner as other money deposited in that fund.
2. In a county whose population is less than 700,000:
(a) Three-eighths must be paid to the Department of Taxation for deposit with the State Treasurer for credit to the Fund for the Promotion of Tourism.
(b) Five-eighths must be deposited with the county fair and recreation board created pursuant to NRS 244A.599 or, if no such board is created, with the city council or other governing body of the incorporated city, to be used to advertise the resources of that county or incorporated city related to tourism, including available accommodations, transportation, entertainment, natural resources and climate, and to promote special events related thereto.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-268.htmlFetched: 10/4/2026