Nevada 2021 Regular Session Status: Enacted

SB 268 — Revises provisions relating to state financial administration. (BDR 17-545)

Last action — Chapter 224.

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  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 March 17, 2021. 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.

Bill Text

What changed in the latest version

57 added · 67 removed

Plain-language change summary

The updated version of Senate Bill No. 268 now clearly mandates the Fiscal Analysis Division of the Legislative Counsel Bureau to conduct a budget stress test every two years, specifically in even-numbered years. This test will compare projected future revenues against expenses from major state funds. Additionally, the results of this test must be reported to both the Governor and the Legislature and made available on the Legislature's website. These changes are important because they aim to improve financial transparency and help state officials make informed budget decisions.

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S.B.
Senate Bill No.
268 SENATE BILL NO .
268–Senator D.
268–SENATOR D.
Harris CHAPTER..........
HARRIS M ARCH 17, 2021 ____________ Referred to Committee on Legislative Operations and Elections SUMMARY—Revises provisions relating to state financial administration.
(BDR 17-545) FISCAL NOTE:
Effect on Local Government:
No.
Effect on the State:
No.
~ EXPLANATION – Matter in bolded italics is new;
matter between brackets [omitted material] is material to be omitted.
LegUnder existing law, the Fiscal Analysis Division of the Legislative Counsel Bureau is required to perform various general duties relating to the financial administration of the State.
Legislative Counsel’s Digest:
Bureau is required to perform various general duties relating to the financial administration of the State.
(1) perform a budget stress test in each even-numbered year, to the extent of available resources, comparing the estimated future revenue to, and the various potential economic conditions;
(1) perform a budget stress test in each even-numbered year, to the extent of available resources, comparing the estimated future revenue to, and the estimated future expenditure from, the major funds in the State Treasury under to the Governor and Legislature;
(2) submit a report of the results of the test to the Governor and Legislature;
and (3) cause a copy of the report to be posted onst the Internet website of the Legislature.
and (3) cause a copy of the report to be posted on the Internet website of the Legislature.
EXPLANATION – Matter in bolded italics is new;
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
matter between brackets [omitted material] is material to be omitted.
Section 1.
THE SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:D IN Section 1.
- *SB268* – 2 – (a) Thoroughly examine all agencies of the State with special regard to their activities and the duplication of efforts between them.
(a) Thoroughly examine all agencies of the State with special regard to their activities and the duplication of efforts between them.
(f) To the extent of available resources, perform a budget stress test in each even-numbered year comparing the estimated future revenue to, and the estimated future expenditure from, the major funds in the State Treasury under various potential economic conditions and submit a report regarding the results of the test to the Governor and the Legislature.
- 81st Session (2021) – 2 – (f) To the extent of available resources, perform a budget stress test in each even-numbered year comparing the estimated future revenue to, and the estimated future expenditure from, the major funds in the State Treasury under various potential the test to the Governor and the Legislature.
H - *SB268*
~~~~~ 21 - 81st Session (2021)
View plain text versions (2)

Action History

  1. Chapter 224.

  2. Approved by the Governor.

  3. Enrolled and delivered to Governor.

  4. In Senate. To enrollment.

  5. Read third time. Passed. Title approved. (Yeas: 38, Nays: 3, Absent: 1.) To Senate.

  6. Taken from General File. Placed on General File for next legislative day.

  7. Taken from General File. Placed on General File for next legislative day.

  8. Read second time.

  9. From committee: Do pass.

  10. In Assembly. Read first time. Referred to Committee on Legislative Operations and Elections. To committee.

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

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

  13. Notice of exemption.

  14. From printer. To committee.

  15. Read first time. Referred to Committee on Legislative Operations and Elections. To printer.

Sponsors

Sponsorship breakdown

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

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (66)

66 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

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Frequently asked questions

Who sponsors SB 268?
SB 268 is sponsored by Harris, Dallas.
What is the current status of SB 268?
This bill has been enacted into law. Introduced March 17, 2021. Enacted.
Where can I track SB 268?
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Last checked for changes 2 months ago · updated continuously

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