Nev. Rev. Stat. § 328.450

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 328.450 - Deposit in State Education Fund; deposit of excess in Account for Revenue from Lease of Federal Lands; interest and income

1. The State Treasurer shall deposit in the State Education Fund money received in each fiscal year pursuant to 30 U.S.C. § 191 in an amount not to exceed $7,000,000.

2. Any amount received in a fiscal year by the State Treasurer pursuant to 30 U.S.C. § 191 in excess of $7,000,000 must be deposited in the Account for Revenue from the Lease of Federal Lands, which is hereby created.

3. The interest and income earned on the money in the Account, after deducting any applicable charges, must be credited to the Account.

NRS 328.450

Added to NRS by 1985, 806; A 1987, 415; 1995, 2809; 2008, 25th Special Session, 13; 2019, 4238

Amended by 2019, Ch. 624,§51, eff. 7/1/2021.

Added to NRS by 1985, 806; A 1987, 415; 1995, 2809; 2008, 25th Special Session, 13