Nevada 2017 Regular Session Status: Enacted 2 D cosponsors

AB 436 — Revises provisions governing business. (BDR 18-1079)

Last action — Approved by the Governor. Chapter 426.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Assembly
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced March 27, 2017. Enacted.

Prognosis

Likely to advance 62% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 6 sponsors

    5 primary, 1 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (2 D).

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

240 added · 261 removed

240 line(s) added, 261 removed.

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EXEMPT (Reprinted with amendments adopted on May 30, 2017) SECOND REPRINT A.B.
Assembly Bill No.
436 A SSEMBLY B ILL NO .
436–Assemblymen Monroe-Moreno, Neal, Spiegel, Bustamante Adams, Carrillo;
436–A SSEMBLYMEN M ONROE -M ORENO , NEAL , SPIEGEL , BUSTAMANTE A DAMS , CARRILLO ;
and Frierson CHAPTER..........
AND FRIERSON M ARCH 27, 2017 ____________ Referred to Committee on Taxation SUMMARY—Revises provisions governing business.
(BDR 18-1079) FISCAL NOTE:
Effect on Local Government:
No.
Effect on the State:
Yes.
~ EXPLANATION – Matter in bolded italics is new;
matter between brackets [omitted material] is material to be omitted.
and (2) requires the Office to establish an outreach program for local emerging small businesses to connect those businesses with state agencies seeking state purchasing contracts and contracts for public works of this State and goals concerning the participation of local emerging 1 of this bill requires the Office to provide a business certified as an eligible local emerging small business with certain information concerning public and private - *AB436_R2* – 2 – programs to provide financing to small businesses and the criteria for obtaining financing through such programs.
and (2) requires the Office to establish an outreach program for local emerging small businesses to connect those businesses with state agencies seeking state purchasing contracts and contracts for public works of this State and goals concerning the participation of local emerging of this bill requires the Office to provide a business certified as an eligible local emerging small business with certain information concerning public and private programs to provide financing to small businesses and the criteria for obtaining financing through such programs.
and (2) how the person may become certified as a disadvantaged business enterprise for certain purposes related to contracting for transportation projects and qualifying for loans to Secretary of State to include and maintain such information on the Secretary ofres the State’s Internet website.
and (2) how the person may become certified as a disadvantaged business enterprise for certain purposes related to contracting for transportation projects and qualifying for loans to disadvantaged business enterprises.
Existing law creates the Regional Business Development Advisory Council for Clark County and prescribes its duties.
Section 4.5 of this bill additionally requires the - 79th Session (2017) – 2 – Secretary of State to include and maintain such information on the Secretary of StaExisting law creates the Regional Business Development Advisory Council for Clark County and prescribes its duties.
to small businesses and the criteria for obtaining financing through such THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
to small businesses and the criteria for obtaining financing through such EXPLANATION – Matter in bolded italics is new;
matter between brackets [omitted material] is material to be omitted.
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
and (b) Provide to the business, in written or electronic form, information concerning public and private programs to provide - *AB436_R2* – 3 – financing for small businesses and the criteria for obtaining financing through such programs.
and (b) Provide to the business, in written or electronic form, information concerning public and private programs to provide financing for small businesses and the criteria for obtaining financing through such programs.
(6) The Nevada Silver State Opportunities Fund pursuant to NRS 355.275;
- 79th Session (2017) – 3 – (6) The Nevada Silver State Opportunities Fund pursuant to NRS 355.275;
and (8) Any other private program to provide financing for small businesses approved by the Office.
and small businesses approved by the Office.rovide financing for 3.
3.
(2) The issuance of revenue bonds for industrial development pursuant to NRS 349.400 to 349.670, inclusive;
development pursuant to NRS 349.400 to 349.670, inclusive;ustrial (3) The Nevada Collateral Support Program pursuant to 12 U.S.C.
(3) The Nevada Collateral Support Program pursuant to 12 U.S.C.
- *AB436_R2* – 4 – (4) The Nevada Microenterprise Initiative Program pursuant to 12 U.S.C.
(4) The Nevada Microenterprise Initiative Program pursuant to 12 U.S.C.
(b) Information concerning the process by which the business may become certified as a disadvantaged business enterprise for the purposes of 49 C.F.R.
- 79th Session (2017) – 4 – (b) Information concerning the process by which the business may become certified as a disadvantaged business enterprise for the purposes of 49 C.F.R.
3.
deems necessary to carry out the provisions of this section.
The Secretary of State may adopt regulations as he or she deems necessary to carry out the provisions of this section.
she 4.
4.
Sec.
Secs.
2.
2-4.
3.
(Deleted by amendment.) Sec.
4.
(Deleted by amendment.) Sec.
(5) The Nevada New Markets Jobs Act pursuant to chapter 231A of NRS;
231A of NRS;e Nevada New Markets Jobs Act pursuant to chapter (6) The Nevada Silver State Opportunities Fund pursuant to NRS 355.275;
(6) The Nevada Silver State Opportunities Fund pursuant to NRS 355.275;
(7) Loans from the Small Business Administration pursuant to 15 U.S.C.
- *AB436_R2* – 5 – (7) Loans from the Small Business Administration pursuant to 15 U.S.C.
(a) “Veteran” has the meaning ascribed to it in NRS 417.005.
- 79th Session (2017) – 5 – (a) “Veteran” has the meaning ascribed to it in NRS 417.005.
or (2) Has at least 51 percent of its ownership interest held by one or more veterans.
or (2) Has at least 51 percent of its ownership interest held by oneSec.
5.e vSection 20 of the Regional Business Development Advisory Council for Clark County Act, being chapter 7, Statutes of Nevada 2003, 20th Special Session, as amended by chapter 142, Statutes of Nevada 2015, at page 550, is hereby amended to read as follows:
Show all 53 changed rows (13 more)
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5.
Section 20 of the Regional Business Development Advisory Council for Clark County Act, being chapter 7, Statutes of Nevada 2003, 20th Special Session, as amended by chapter 142, Statutes of Nevada 2015, at page 550, is hereby amended to read as follows:
Sec.
(c) The percentage of expenditures paid by the public entity to local businesses owned and operated by disadvantaged persons, disaggregated by ethnic and racial categories and by gender.
(c) The percentage of expenditures paid by the public disadvantaged persons, disaggregated by ethnic and racial by categories and by gender.
(d) A summary of the efforts and programs used by the public entity to encourage and increase the involvement in contracting local businesses owned and operated by - *AB436_R2* – 6 – disadvantaged persons and any efforts or programs used by the public entity to encourage the economic development of local businesses owned and operated by disadvantaged persons.
(d) A summary of the efforts and programs used by the public entity to encourage and increase the involvement in contracting local businesses owned and operated by disadvantaged persons and any efforts or programs used by the public entity to encourage the economic development of local businesses owned and operated by disadvantaged persons.
The Council shall encourage each public and private entity which has a representative on the Council pursuant to subsection 2 of section 15 of this act to prepare and deliver to the Council an annual report similar to the report required pursuant to subsection 2.
The Council shall encourage each public and private entity which has a representative on the Council pursuant to subsection 2 of section 15 of this act to prepare and deliver to - 79th Session (2017) – 6 – the Council an annual report similar to the report required pursuant to subsection 2.
(b) The issuance of revenue bonds for industrial development pursuant to NRS 349.400 to 349.670, inclusive;
development pursuant to NRS 349.400 to 349.670, inclusive;
(c) The Nevada Collateral Support Program pursuant to 12 U.S.C.
(c) The Nevada Collateral Support Program pursuant to U.S.C.
- *AB436_R2* – 7 – Sec.
Sec.
This section and sections 1 and 5 of this act bec2.e Sections 1.5 to 4.5, inclusive, of this act become effective on January 1, 2018.
This section and sections 1 and 5 of this act become effective on July 1, 2017.
H - *AB436_R2*
2.
Sections 1.5 to 4.5, inclusive, of this act become effective on January 1, 2018.
17 ~~~~~ - 79th Session (2017)
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How this bill changes current law

5 changes Share ↗

Compared against the Nevada Revised Statutes as published AI-generated reading aid — verify against the official bill.

The bill enhances the support for small businesses by requiring information about financing programs to be made available to applicants for state business licenses and local emerging small businesses.

  • NRS 231.14055

    certify → Certify the business as a local emerging small business ; and

    The application process now explicitly includes a requirement to certify the business and provide information about financing opportunities.

  • Chapter 75A of NRS

    ensure that the state business portal enables a person who applies through the state business portal for the issuance or renewal of a state business license to indicate whether the applicant is a minority-owned business, a woman-owned business or a veteran-owned business.

    New provisions allow applicants to identify their business type, improving access for minority, women, and veteran-owned businesses.

  • Chapter 75A of NRS

    provide the following information to the person in electronic form through the state business portal: Information concerning programs to provide financing for small businesses.

    The Secretary of State is required to provide information on financing programs for small businesses through the state business portal.

  • Chapter 225 of NRS

    include and maintain on the Internet website of the Secretary of State information concerning: Programs to provide financing for small businesses.

    The Secretary of State must maintain accessible information regarding financing programs for small businesses on their website.

  • Section 20 of the Regional Business Development Advisory Council for Clark County Act

    provide to local businesses owned and operated by disadvantaged persons information, in written or electronic form, concerning public and private programs to provide financing for small businesses and the criteria for obtaining financing through such programs.

    The Council is now mandated to provide financing information to disadvantaged businesses, further supporting their economic growth.

Action History

  1. Approved by the Governor. Chapter 426.

  2. Enrolled and delivered to Governor.

  3. In Assembly. To enrollment.

  4. Read third time. Passed. Title approved. (Yeas: 21, Nays: None.) To Assembly.

  5. Read second time.

  6. Placed on Second Reading File.

  7. From committee: Do pass.

  8. Read first time. Referred to Committee on Revenue and Economic Development. To committee.

  9. In Senate.

  10. To Senate.

  11. From printer. To reengrossment. Reengrossed. Second reprint .

  12. To printer.

  13. Read third time. Passed, as amended. Title approved, as amended. (Yeas: 40, Nays: None, Excused: 2.)

  14. Dispensed with reprinting.

  15. Read third time. Amended. (Amend. No. 977.)

  16. Placed on General File.

  17. From committee: Amend, and do pass as amended.

  18. From printer. To engrossment. Engrossed. First reprint . To committee.

  19. Read second time. Amended. (Amend. No. 441.) Rereferred to Committee on Ways and Means. Exemption effective. To printer.

  20. Placed on Second Reading File.

  21. From committee: Amend, and do pass as amended.

  22. Notice of eligibility for exemption.

  23. From printer. To committee.

  24. Read first time. Referred to Committee on Taxation. To printer.

Sponsors

Sponsorship breakdown

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5 sponsors · 1 co-sponsors · 61 not signed on

Sponsors (5)

Co-sponsors (1)

Not signed on (61)

61 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

veterans labor technology
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors AB 436?
AB 436 is sponsored by Neal, Dina (Democratic), Monroe-Moreno, Daniele (Democratic), Spiegel, Irene Bustamante Adams, Jason Frierson, and Richard Carrillo.
What is the current status of AB 436?
This bill has been enacted into law. Introduced March 27, 2017. Enacted.
Where can I track AB 436?
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