Nev. Admin. Code § 319.965

Current through November 25, 2024
Section 319.965 - "Tax credit" defined

"Tax credit" means a credit or reduction in federal tax liability each year for a period of 10 years that is awarded to an owner of rental housing or his or her assigns pursuant to section 42 of the Code.

Nev. Admin. Code § 319.965

Added to NAC by Housing Div. by R057-97, eff. 1-15-98

NRS 319.140, 319.145