Nevada 2019 Regular Session Status: In Committee 1 R cosponsors

SB 529 — Revises provisions relating to state financial administration. (BDR 31-1267)

Last action — (No further action taken.)

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

This bill died with 2019 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

AN ACT relating to state financial administration; revising provisions relating to the Account to Stabilize the Operation of the State Government; and providing other matters properly relating thereto.

Bill Text

How this bill changes current law

3 changes Share ↗

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

The bill revises the procedures for transferring funds from the State General Fund to the Account to Stabilize the Operation of the State Government and sets limits on transfers to the Disaster Relief Account.

  • NRS 353.288

    money allocated to be used for any other purpose. → if the Account has a balance that exceeds an amount equal to 6.25 percent of all appropriations made from the State General Fund for the current biennium and: The Economic Forum forecasts a decrease in State General Fund revenue for the current fiscal year; The total actual revenue of the State falls short by 5 percent or more of the total anticipated revenue for the biennium; or The balance in the State General Fund falls below 5 percent of the total of all appropriations from the State General Fund for the operation of all departments, institutions and agencies of the State Government and for the funding of schools and authorized expenditures from the State General Fund for the regulation of gaming for that fiscal year.

    This change adds conditions under which the Legislature can directly appropriate funds from the Account to be used for other purposes.

  • NRS 353.288

    the account to Stabilize the Operation of the State Government. → to the Disaster Relief Account created pursuant to NRS 353.2735 an amount equal to not more than 10 percent of the aggregate balance in the Account to Stabilize the Operation of the State Government during the previous quarter.

    This change specifies the percentage limit for transfers from the State General Fund to the Disaster Relief Account.

  • NRS 353.288

    the balance in the Account to Stabilize the Operation of the State Government. → 20 percent of the total of all appropriations from the State General Fund for the operation of all departments, institutions and agencies of the State Government and for the funding of schools and authorized expenditures from the State General Fund for the regulation of gaming for the fiscal year in which that revenue will be transferred to the Account to Stabilize.

    This change sets a new maximum limit on the balance that the Account to Stabilize the Operation of the State Government can maintain.

Action History

  1. (No further action taken.)

  2. From printer. To committee.

  3. Read first time. Referred to Committee on Government Affairs. To printer.

Sponsors

Sponsorship breakdown

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8 sponsors · 0 co-sponsors · 59 not signed on

Sponsors (8)

Co-sponsors (0)

None.

Not signed on (59)

59 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

finance
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 529 do?
AN ACT relating to state financial administration; revising provisions relating to the Account to Stabilize the Operation of the State Government; and providing other matters properly relating thereto.
Who sponsors SB 529?
SB 529 is sponsored by Senator James Settelmeyer, Senator Joseph Hardy, Senator Heidi Seevers Gansert, Hansen, Ira (Republican), Keith Pickard, Pete Goicoechea, Ben Kieckhefer, and Scott Hammond.
What is the current status of SB 529?
This bill died with 2019 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 529?
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Last checked for changes 2 months ago · updated continuously

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