Nevada Bans Taxing of Blockchain Technology (Bitcoin, Ethereum etc)
– Page 5 –
– 79th Session (2017)

(b) Require any person or entity to obtain from the
incorporated city any certificate, license or permit to use a
blockchain; or
(c) Impose any other requirement relating to the use of a
blockchain by any person or entity.
2. Nothing in this section prohibits an incorporated city from
using a blockchain in the performance of its powers or duties in a
manner not inconsistent with the provisions of chapter 719 of
NRS.
3. As used in this section, “blockchain” has the meaning
ascribed to it in section 1 of this act.
Sec. 7. NRS 268.095 is hereby amended to read as follows:
268.095 1. Except as otherwise provided in subsection 4 and
NRS 268.0951, and section 6 of this act, the city council or other
governing body of each incorporated city in this State, whether
organized under general law or special charter, may:
(a) Except as otherwise provided in subsection 2 and NRS
268.0968 and 576.128, fix, impose and collect for revenues or for
regulation, or both, a license tax on all character of lawful trades,
callings, industries, occupations, professions and businesses
conducted within its corporate limits.
(b) Assign the proceeds of any one or more of such license taxes
to the county within which the city is situated for the purpose or
purposes of making the proceeds available to the county:
(1) As a pledge as additional security for the payment of any
general obligation bonds issued pursuant to NRS 244A.597 to
244A.655, inclusive;
(2) For redeeming any general obligation bonds issued
pursuant to NRS 244A.597 to 244A.655, inclusive;
(3) For defraying the costs of collecting or otherwise
administering any such license tax so assigned, of the county fair
and recreation board and of officers, agents and employees hired
thereby, and of incidentals incurred thereby;
(4) For operating and maintaining recreational facilities
under the jurisdiction of the county fair and recreation board;
(5) For improving, extending and bettering recreational
facilities authorized by NRS 244A.597 to 244A.655, inclusive; and
(6) For constructing, purchasing or otherwise acquiring such
recreational facilities.
(c) Pledge the proceeds of any tax imposed on the revenues from
the rental of transient lodging pursuant to this section for the
payment of any general or special obligations issued by the city for
a purpose authorized by the laws of this State.

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