Nev. Const. art. 10, § 2
The total tax levy for all public purposes including levies for bonds, within the state, or any subdivision thereof, shall not exceed five cents on one dollar of assessed valuation.
[Added in 1936. Proposed and passed by the 1933 legislature; agreed to and passed by the 1935 legislature; and approved and ratified by the people at the 1936 general election. See: Statutes of Nevada 1933, p. 369; Statutes of Nevada 1935, p. 428.]