Nevada enacted legislation that amends various provisions that allow partial sales and use and property tax abatements for items such as renewable energy facilities and certain energy efficient buildings. Under the amendment, effective July 1, 2012, the provisions require that abated amounts be repaid if the business ceases to meet the eligibility requirements for the partial abatement, or ceases operation before the time specified in the agreement. In either of these cases, the business will be required to repay to the Department of Taxation the amount of the exemption allowed before the failure of the business to comply, along with interest on the amount due. (Ch. 507 (A.B. 449), Laws 2011, effective as noted)