AB 243 — Establishes certain partial tax exemptions for certain Nevada Gold Star Spouses. (BDR 32-163)

EXEMPT (Reprinted with amendments adopted on JuneMay 2,29, 2025) SECONDFIRST REPRINT A.B.

(NRS 361.1565, 371.101, 371.103, 371.104) - *AB243_R2**AB243_R1* – 2 – Sections 1 and 4 of this bill, respectively, exempt from property taxes and governmental services taxes $20,000 of the assessed valuation,valuation adjusted each fiscal year using the Consumer Price Index, of the property of a Nevada Gold Star Spouse.

Sections 1 and 4 define Nevada Gold Star Spouse as the surviving spouse circumstancesof whilea onmember activeof duty in the Armed Forces andof who,the atUnited States who died the time of his or her death, was a resident of this State.

Sections 2 and 5 of this bill make a conforming change to authorize a Nevada Gold Star Spouse who qualifies for the partial exemption from property thetaxes depositor ofgovernmental anservices amounttaxes equalunder tosection the1 partialor exemption4, to the Gift Account for the Veterans Home in Southern Nevada or the Gift AccountAccountion to for the Veterans Home in Northern Nevada.

(NRS 371.105) Section 7 of this noticebill tomakes thea Departmentconforming ofchange Motorto Vehiclesapply whenexisting anlaw ownerrequiring of a vehicle is nonno of longer eligible for the exemption under section 4.

an owner of a THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

- *AB243_R2* – 3 – 4.

- *AB243_R1* – 3 – (a) The renewal of the exemption;

The monetary amounts in subsection 1 must be adjusted for each fiscal year by adding to the amount the product of the amount multiplied by the percentage increase in the consumer price inflation index from July 2003 to the July preceding the fiscal year for which the adjustment is calculated.

The Department shall provide to each county assessor the adjusted amount, in writing, on or before September 30 of each year.

- *AB243_R2* – 4 – 9.

(a) “Consumer“Nevada priceGold inflationStar index”Spouse” means the Consumersurviving Pricespouse Indexof fora Allmember Urbanof Consumers, West Region (All Items), as published by the UnitedArmed StatesForces Department of Labor or, if that index ceases to be published by the United States Departmentwho: of Labor, the published index selected by the Department of Taxation pursuant to subsection 11 of NRS 361.091.

(b) “Nevada Gold Star Spouse” means the surviving spouse of a member of the Armed Forces of the United States who:

(c)(b) “Surviving spouse” includes a surviving domestic partner as set forth in NRS 122A.200.

- *AB243_R1* – 4 – Sec.

- *AB243_R2* – 5 – 2.

- *AB243_R1* – 5 – (b) Is a Nevada Gold Star Spouse;

and - *AB243_R2* – 6 – (2) Listed Nevada as his or her home of record;

The monetary amount in subsection 1 must be adjusted for each fiscal year by adding to the amount the product of the amount multiplied by the percentage increase in the consumer price inflation index from December 2003 to the December preceding the fiscal year for which the adjustment is calculated.

8.

(a) “Consumer“Nevada priceGold inflationStar index”Spouse” means the Consumersurviving Pricespouse Indexof fora Allmember Urbanof Consumers, West Region (All Items), as published by the UnitedArmed StatesForces Department of Labor or, if that index ceases to be published by the United States Departmentwho: of Labor, the published index selected by the Department of Taxation pursuant to subsection 11 of NRS 361.091.

(b) “Nevada Gold Star Spouse” means the surviving spouse of a member of the Armed Forces of the United States who:

and - *AB243_R1* – 6 – (2) At the time of his or her death was a resident of this State.

(c)(b) “Surviving spouse” includes a surviving domestic partner as set forth in NRS 122A.200.

- *AB243_R2* – 7 – 3.

If a person fails to notify the Department as required by subsection 1 and as a result of such failure is allowed a tax exemption to which he or she is not entitled, there shall be added to and- collected*AB243_R1* with– the7 tax– otherwise due a penalty equal to double the amount of the tax.

H - *AB243_R2**AB243_R1*