701B.073 - "Low-income and nonprofit" defined

701B.073. "Low-income and nonprofit" defined

"Low-income and nonprofit" means a category of host customer that is:

1. An entity that owns publicly subsidized housing;

2. A nonprofit corporation or other organization that qualifies as a tax-exempt organization pursuant to 26 U.S.C. § 501(c)(3);

3. An entity eligible for low-income housing credits pursuant to 26 U.S.C. § 42;

4. A person whose income does not exceed 80 percent of the median family income for the county in which the person resides, subject to an adjustment for any area with unusually high or low median incomes or housing costs; or

5. A Title I school.

Added to NAC by Pub. Utilities Comm'n by R122-13, eff. 2-26-2014

NRS 701B.005, 701B.200, 703.025

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