NV AB528

Removes the July 1, 2021 prohibition on accepting new applications for property tax abatements for buildings meeting LEED green building standards, allowing the Director of the Office of Energy to resume approving applications starting January 1, 2026

Establishes tiered partial property tax abatements for new buildings: 20% annually for silver level, 25% for gold level, and 35% for platinum level, for up to 10 years

Creates abatement options for existing buildings: 20-35% annually for up to 5 years for buildings that never received an abatement, and 5% annually for up to 3 years (capped at $100,000/year) for buildings seeking recertification after a pre-2021 abatement

Adds new requirements including resilience credits, energy performance exceeding building code by 5-15% depending on certification level, and mandatory Parksmart or SITES certification for connected parking structures

Allows state and local government buildings to qualify for abatements and transfer their abatement amounts to other certified buildings in the same county for compensation