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NV AB455
Bill
Status
4/12/2025
Primary Sponsor
Alexis Hansen
Click for details
AI Summary
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Exempts flags, flagpoles not attached to real property, and other flag display equipment from property taxes by classifying them as household goods
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Increases the existing $2,000 property tax exemption for qualifying veterans by adding the assessed valuation of any flagpole that is a fixture or improvement to their real property
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Increases property tax exemptions for veterans with permanent service-connected disabilities (and their surviving spouses) by adding flagpole assessed valuation to existing exemption amounts of $10,000, $15,000, or $20,000 based on disability percentage
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Effective date: July 1, 2025
Legislative Description
Revises provisions governing property taxes. (BDR 32-324)
Last Action
(Pursuant to Joint Standing Rule No. 14.3.1, no further action allowed.)
4/12/2025