361.482  Collection of tax levied by State.  The ad valorem tax on property levied by the Legislature shall be collected, in one sum or in installments as provided by this chapter, during each fiscal year upon:

1.  Property assessed during that fiscal year which is not placed upon the secured roll.

2.  Property assessed during the preceding fiscal year which was placed upon the secured roll.

(Added to NRS by 1969, 558; A 1979, 1235)