Nevada Bans Taxing of Blockchain Technology (Bitcoin, Ethereum etc)
– Page 6 –
– 79th Session (2017)

(d) Use the proceeds of any tax imposed pursuant to this section
on the revenues from the rental of transient lodging:
(1) To pay the principal, interest or any other indebtedness
on any general or special obligations issued by the city pursuant to
the laws of this State;
(2) For the expense of operating or maintaining, or both, any
facilities of the city; and
(3) For any other purpose for which other money of the city
may be used.
2. The city council or other governing body of an incorporated
city shall not require that a person who is licensed as a contractor
pursuant to chapter 624 of NRS obtain more than one license to
engage in the business of contracting or pay more than one license
tax related to engaging in the business of contracting, regardless of
the number of classifications or subclassifications of licensing for
which the person is licensed pursuant to chapter 624 of NRS.
3. The proceeds of any tax imposed pursuant to this section
that are pledged for the repayment of general obligations may be
treated as “pledged revenues” for the purposes of NRS 350.020.
4. The city council or other governing body of an incorporated
city shall not require a person to obtain a license or pay a license tax
on the sole basis that the person is a professional. As used in this
subsection, “professional” means a person who:
(a) Holds a license, certificate, registration, permit or similar
type of authorization issued by a regulatory body as defined in NRS
622.060 or who is regulated pursuant to the Nevada Supreme Court
Rules; and
(b) Practices his or her profession for any type of compensation
as an employee.
5. The city licensing agency shall provide upon request an
application for a state business registration pursuant to chapter 76 of
NRS. No license to engage in any type of business may be granted
unless the applicant for the license:
(a) Signs an affidavit affirming that the business has complied
with the provisions of chapter 76 of NRS; or
(b) Provides to the city licensing agency the business
identification number of the applicant assigned by the Secretary of
State pursuant to NRS 225.082 which the city may use to validate
that the applicant is currently in good standing with the State and
has complied with the provisions of chapter 76 of NRS.
6. No license to engage in business as a seller of tangible
personal property may be granted unless the applicant for the
license:

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