328.460 - Account for Revenue from Lease of Federal Lands: Apportionment of money by State Controller.
328.460 Account for Revenue from Lease of Federal Lands: Apportionment of money by State Controller. The State Controller shall apportion money in the Account for Revenue from the Lease of Federal Lands as follows:
1. Twenty-five percent to the State Distributive School Account in the State General Fund.
2. Seventy-five percent to the counties from which the fuels, minerals and geothermal resources are extracted. Of the amount received by each county, one-fourth must be distributed to the school district in that county.
(Added to NRS by 1985, 806; A 1987, 416; 1995, 643, 2809; 2008, 25th Special Session, 13)