Nv. Const. art. 10, § 2

NV Const., Article 10, Section 2

Last amended: 1982Length: 135 wordsOfficial source
Total tax levy for public purposes limited. The total tax levy for all public purposes including levies for bonds, within the state, or any subdivision thereof, shall not exceed five cents on one dollar of assessed valuation. [Added in 1936. Proposed and passed by the 1933 legislature; agreed to and passed by the 1935 legislature; and approved and ratified by the people at the 1936 general election. See: Statutes of Nevada 1933, p. 369 ; Statutes of Nevada 1935, p. 428 .] Sec. [3]. Household goods and furniture of single household exempt from taxation. All household goods and furniture used by a single household and owned by a member of that household are exempt from taxation. [Added in 1982. Proposed by initiative petition and approved by the people at the 1980 and 1982 general elections.]
Nv. Const. art. 10, § 2: NV Const., Article 10, Section 2 | Justis AI