NV AB226

Applicants for transferable tax credits or tax abatements from the Office of Economic Development must certify they will collaborate with the community where the business is located and submit a community benefits agreement within 2 years of application approval

Requirements apply to partial abatements for new or expanding businesses, aircraft-related businesses, data centers, and large economic development projects with capital investments of $1 billion or more

Also applies to businesses seeking abatements in historically underutilized business zones, redevelopment areas, community development block grant areas, and enterprise communities

The certification requirement applies only to applications submitted on or after July 1, 2025

Amends multiple sections of Nevada Revised Statutes including NRS 360.750, 360.753, 360.754, 360.889, 360.945, 231.1555, 274.310, 274.320, and 274.330