The Break On Your Tax Bill
NRS 361.4723 — a home's tax bill rises no more than 3 percent a year
Three percent, for a primary residence. The owner of a single-family residence that is the owner's primary residence is entitled to a partial abatement of the property taxes on it, so that the bill does not rise by more than 3 percent over the year before.
An increase in value from an improvement or a change in use is left out of the comparison. The cap does not apply to property with no separate value set the year before, or where another abatement gives more.
Sources for this section (1)
- NRS 361.4723 — Partial abatement of taxes levied on certain single-family residences
Legal information, not legal advice. Verified as of October 2026. Applying it to a particular situation is the work of a licensed Nevada attorney.