Nev. Rev. Stat. § 224.220

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 224.220 - [Effective until 6/30/2025] Account for Small Business Advocacy: Creation; administration; authority to apply for and receive gifts, grants, contributions and other money; interest and income; nonreversion; use
1. The Account for Small Business Advocacy is hereby created in the State General Fund. The Lieutenant Governor shall administer the Account.
2. The Office of Small Business Advocacy may apply for and receive gifts, grants, contributions or other money from governmental and private agencies, affiliated associations and other persons for deposit in the Account.
3. The interest and income earned on the money in the Account, after deducting any applicable charges, must be credited to the Account.
4. Any money remaining in the Account at the end of each fiscal year does not revert to the State General Fund, but must be carried forward to the next fiscal year.
5. The money in the Account may only be used to carry out the provisions of NRS 224.100 to 224.250, inclusive, and to defray expenses incurred by the Office of Small Business Advocacy in the discharge of its duties.

NRS 224.220

Added to NRS by 2021, 1151; A 2023, 2743
Amended by 2023, Ch. 447,§2, eff. 6/13/2023.
Added by 2021, Ch. 240,§14, eff. 7/1/2021, exp. 6/30/2025.