Section 445B.928 - Creation and administration of Account for Clean Trucks and Buses; use of money in Account; agreement concerning use of certain federal money; acceptance of gifts, grants, donations and bequests1. The Account for Clean Trucks and Buses is hereby created in the State Treasury to be administered by the Division.2. The interest and income earned on the money in the Account must, after deducting any applicable charges, be credited to the Account. All claims against the Account must be paid as other claims against the State are paid.3. Except as otherwise provided in subsection 7, any money remaining in the Account at the end of a fiscal year does not revert to the State General Fund, and the balance in the Account must be carried forward to the next fiscal year.4. All money that is deposited or paid into the Account must be used by the Division to carry out the Clean Trucks and Buses Incentive Program created pursuant to NRS 445B.930.5. Beginning in fiscal year 2024, and for the duration of the time in which apportionments are made to the State of Nevada by the Federal Government pursuant to the federal Carbon Reduction Program, 23 U.S.C. § 175, and available for such purposes, the Department of Transportation shall:(a) Enter into an agreement with the Division under which: (1) Except as otherwise provided in subparagraph 2, the Division will administer 35 percent of the federal money apportioned to this State pursuant to the federal Carbon Reduction Program, 23 U.S.C. § 175, and the Department of Transportation will make such federal money available for use by the Division to carry out the provisions of NRS 445B.900 to 445B.936, inclusive, including, without limitation, to the extent authorized by federal law, for the costs of administering the Clean Trucks and Buses Incentive Program and staffing costs.(2) If federal guidance on the federal Carbon Reduction Program, 23 U.S.C. § 175, determines that federal money apportioned pursuant to the federal Carbon Reduction Program cannot be used to carry out the provisions of NRS 445B.900 to 445B.936, inclusive, the agreement must provide for the federal money to revert to the Department of Transportation for eligible uses of such federal money.(b) Coordinate with the Division to ensure all requirements of federal law are met in developing the Clean Trucks and Buses Incentive Program created by NRS 445B.930 and administering any federal money apportioned under federal law.(c) Assist the Division to request and obtain any waivers from the Federal Highway Administration that are necessary to comply with federal law and any conditions for any federal money.6. The Division may apply for and accept gifts, grants, donations, bequests and any other source of money available under federal law, including, without limitation, the Clean Heavy-Duty Vehicle Program, 42 U.S.C. § 7432 or the Greenhouse Gas Reduction Fund, 42 U.S.C. § 7434, and from private sources for deposit in the Account to carry out the provisions of the Clean Trucks and Buses Incentive Program created by NRS 445B.930.7. Any money deposited in the Account pursuant to the federal Carbon Reduction Program, 23 U.S.C. § 175, that is scheduled to expire in 1 year or less must revert to the Department of Transportation for other eligible uses of such federal money.Added to NRS by 2023, 1535Added by 2023, Ch. 245,§16, eff. 1/1/2024.