Nevada 2019 Regular Session Status: Enacted

SB 545 — Revises provisions governing the distribution of certain tax proceeds. (BDR 32-1241)

Last action — Chapter 536.

Track this bill free

No card. One bill, free forever — alerts when it moves.

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

This bill has been enacted into law. Introduced May 14, 2019. Enacted.

Prognosis

Advancing 50% · 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.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

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.

Summary

AN ACT relating to state financial administration; revising the distribution of the proceeds of the excise tax on retail sales of marijuana and marijuana products; and providing other matters properly relating thereto.

Bill Text

What changed in the latest version

62 added · 74 removed

62 line(s) added, 74 removed.

→
Previous
Latest
EXEMPT S.B.
Senate Bill No.
545 SENATE B ILLN O.
545–Committee on Finance CHAPTER..........
545–C OMMITTEE ON F INANCE (O NB EHALF OF THE OFFICE OF FINANCE IN THE OFFICE OF THE G OVERNOR ) M AY 14, 2019 ____________ Referred to Committee on Finance SUMMARY—Revises provisions governing the distribution of certain tax proceeds.
(BDR 32-1241) FISCAL NOTE:
Effect on Local Government:
No.
Effect on the State:
Executive Budget.
~ EXPLANATION – Matter in bolded italics is new;
matter between brackets [omitted material] is material to be omitted.
Existing law imposes a 10 percent excise tax on each retail sale of marijuana or marijuana products by a retail marijuana store in this State.
marijuana products by a retail marijuana store in this State.
Existing law requires that the revenues collected from that excise tax be deposited in the Account to Fund, in the State General Fund.
Existing law requires that the revenues collected from that excise tax be deposited in the Account to Stabilize the Operation of the State Government, also known as the Rainy Day Fund, in the State General Fund.
EXPLANATION – Matter in bolded italics is new;
matter between brackets [omitted material] is material to be omitted.
The excise tax - *SB545* – 2 – imposed pursuant to this subsection is the obligation of the cultivation facility.
The excise tax imposed pursuant to this subsection is the obligation of the cultivation facility.
and (b) If any money remains after the revenues are distributed pursuant to paragraph (a), to the State Treasurer to be deposited to the credit of the State Distributive School Account in the State General Fund.
and - 80th Session (2019) – 2 – (b) If any money remains after the revenues are distributed pursuant to paragraph (a), to the State Treasurer to be deposited to the credit of the State Distributive School Account in the State General Fund.
4.
amount of $5,000,000 of the revenues collected from the excise tax imposed pursuant to subsection 1 and the excise tax imposed pursuant to NRS 453D.500 in each fiscal year shall be deemed sufficient to pay the costs of all local governments to carry out the provisions of chapters 453A and 453D of NRS.
For the purpose of subsection 3 and NRS 453D.510, a total amount of $5,000,000 of the revenues collected from the excise tax imposed pursuant to subsection 1 and the excise tax imposed pursuant to NRS 453D.500 in each fiscal year shall be deemed sufficient to pay the costs of all local governments to carry out the provisions of chapters 453A and 453D of NRS.
H - *SB545*
~~~~~ 19 - 80th Session (2019)
⬇ Download PDF
View plain text versions (2)

Action History

  1. Chapter 536.

  2. Approved by the Governor.

  3. Enrolled and delivered to Governor.

  4. From committee: Do pass. Declared an emergency measure under the Constitution. Read third time. Passed. Title approved. (Yeas: 40, Nays: 1, Vacant: 1.) To Senate. In Senate. To enrollment.

  5. In Assembly. Read first time. Referred to Committee on Ways and Means. To committee.

  6. Read third time. Passed. Title approved. (Yeas: 20, Nays: None, Not voting: 1.) To Assembly.

  7. From committee: Do pass. Placed on Second Reading File. Read second time.

  8. From printer. To committee.

  9. Read first time. Referred to Committee on Finance. To printer.

Sponsors

  • Senate Committee on Finance · Primary

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 66 not signed on

Sponsors (1)

  • Senate Committee on Finance

Co-sponsors (0)

None.

Not signed on (66)

66 members have not signed on to this bill.

Show all 66 →

"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

taxation
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

What does SB 545 do?
AN ACT relating to state financial administration; revising the distribution of the proceeds of the excise tax on retail sales of marijuana and marijuana products; and providing other matters properly relating thereto.
Who sponsors SB 545?
SB 545 is sponsored by Senate Committee on Finance.
What is the current status of SB 545?
This bill has been enacted into law. Introduced May 14, 2019. Enacted.
Where can I track SB 545?
Track SB 545 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on SB 545

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of SB 545

Last checked for changes 2 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →