Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 366.195 - Additional excise tax levied on special fuel if federal tax reduced or discontinued1. In addition to any other tax provided for in this chapter, there must be levied an excise tax on special fuel.2. This tax must be imposed and will increase if the tax collected by the Federal Government, pursuant to the provisions of 26 U.S.C. § 4041 or any other tax collected by the Federal Government relating to special fuel is reduced or discontinued in whole or in part. The amount of the tax so imposed by this State must be equal to the amount by which the federal tax is reduced.Added to NRS by 1973, 585; A 1997, 2967Added to NRS by 1973, 585; A 1997, 2967