Industrial Development Revenue Bond Program

Mission

The Industrial Development Revenue Bond (IDRB) Program under the jurisdiction of the Director’s Office of the Department of Business and Industry aims to: 

• Administer the state’s share of volume cap (bonding authority) for issuance of tax exempt private activity bonds to ensure full utilization of tax exempt bonding authority and coordinating the allocation of bonding authority between competing state and local interests in a fair and equitable manner;
  

• Administer the programs as described in NRS Chapter 348A and 349.400 to 349.670, inclusive, including the IDRB program to improve access to capital and promote business development and expansion in the state.