AB 362
Provides for taxes on the sale or transfer of a controlling interest in an entity which possesses an interest in real property. (BDR 32-687)
Take action
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
```json { "summary": "This bill proposes to impose taxes on the sale or transfer of a controlling interest in an entity that holds real property in Nevada. Specifically, it aims to tax transactions where an entity sells or transfers more than 50% ownership of a company owning real estate. The tax rate is similar to existing real property transfer taxes, and the county recorder will collect and distribute the proceeds, with a portion allocated to affordable housing and other state programs. The bill also includes provisions for defining key terms, penalties for inaccurate valuations, and exemptions for certain transfers.", "keyProvisions": [ "Imposes taxes on the sale or transfer of a controlling interest in an entity owning real property.", "Tax rate is equivalent to existing r
Sponsors
Official sponsors from legislative records.
Primary sponsor
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.