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NEVADA STATUTES AND CODES

328.460 - Account for Revenue from Lease of Federal Lands: Apportionment of money by State Controller.

328.460  Account for Revenue from Lease of Federal Lands: Apportionment of money by State Controller.  The State Controller shall apportion money in the Account for Revenue from the Lease of Federal Lands as follows:     

      1.  Twenty-five percent to the State Distributive School Account in the State General Fund.

      2.  Seventy-five percent to the counties from which the fuels, minerals and geothermal resources are extracted. Of the amount received by each county, one-fourth must be distributed to the school district in that county.

      (Added to NRS by 1985, 806; A 1987, 416; 1995, 643, 2809; 2008, 25th Special Session, 13)

     

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