Nevada 2023 Regular Session Status: Enacted

AB 461 — Revises provisions relating to the Public Employees' Retirement System. (BDR 23-1075)

Last action — Chapter 283.

  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 29, 2023. Enacted.

Signed by Governor Joe Lombardo (Republican) on June 10, 2023.

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

67 added · 81 removed

Plain-language change summary

The updated version of Assembly Bill No. 461 now includes a new position called Chief Administrative Analyst as part of the executive staff of the Public Employees' Retirement System. This change allows the Board to set the initial salary for this new role, enhancing the System's leadership team. This update matters because it aims to improve the management of the Retirement System by adding a qualified position and streamlining salary decisions.

→
Previous
Latest
EXEMPT A.B.
Assembly Bill No.
461 A SSEMBLY B ILLN O.
461–Committee on Ways and Means CHAPTER..........
461–COMMITTEE ON W AYS AND M EANS (O NB EHALF OF THE OFFICE OF FINANCE IN THE OFFICE OF THE G OVERNOR ) M ARCH 29, 2023 ____________ Referred to Committee on Ways and Means SUMMARY—Revises provisions relating to the Public Employees’ Retirement System.
(BDR 23-1075) 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.
(NRS 286.160) Section 1 of this bill creates the position of Chief Administrative Analyst to be and provides the qualifications for the position.
(NRS 286.160) selected by the Executive Officer as a member of the executive staff of the System and provides the qualifications for the position.
EXPLANATION – Matter in bolded italics is new;
matter between brackets [omitted material] is material to be omitted.
The Executive Officer shall select a General Counsel, Operations Officer, Chief Investment Officer, Deputy Investment Officer, Chief Financial Officer, - *AB461* – 2 – Manager of Information Systems, Administrative Services Coordinator , Chief Administrative Analyst and Administrative Analyst whose appointments are effective upon confirmation by the Board.
The Executive Officer shall select a General Counsel, Operations Officer, Chief Investment Officer, Deputy Investment Officer, Chief Financial Officer, Manager of Information Systems, Administrative Services Coordinator , Chief Administrative Analyst and Administrative Analyst whose appointments are effective upon confirmation by the Board.
The salaries of these employees are exempt from the limitations of NRS 281.123.
- 82nd Session (2023) – 2 – The salaries of these employees are exempt from the limitations of NRS 281.123.
The General Counsel must be an attorney in good standing licensed and admitted to practice law in this State.
The General Counsel must be an attorney in good standing lic5.
5.
The Public Employees’ Retirement Board may, without the approval required by subsection 2 of NRS 286.160, as amended by section 1 of this act, fix the initial annual salary of the Chief Administrative Analyst in an amount not to exceed the amount set forth for that position in the budget of the Public - *AB461* – 3 – Employees’ Retirement System that is approved by the Legislature for the 2023-2025 biennium.
The Public Employees’ Retirement Board may, without the approval required by subsection 2 of NRS 286.160, as amended by section 1 of this act, fix the initial annual salary of the Chief Administrative Analyst in an amount not to exceed the amount set forth for that position in the budget of the Public Employees’ Retirement System that is approved by the Legislature for the 2023-2025 biennium.
H - *AB461*
~~~~~ 23 - 82nd Session (2023)
⬇ Download PDF
View plain text versions (2)

Action History

  1. Chapter 283.

  2. Approved by the Governor.

  3. Enrolled and delivered to Governor.

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

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

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

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

  8. In Senate. Read first time. Referred to Committee on Government Affairs. To committee.

  9. Read third time. Passed. Title approved. (Yeas: 41, Nays: None, Excused: 1.) To Senate.

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

  11. From printer. To committee.

  12. Read first time. Referred to Committee on Ways and Means. To printer.

Sponsors

  • Assembly Committee on Ways and Means · Primary

Sponsorship breakdown

Export CSV (upgrade) →

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

Sponsors (1)

  • Assembly Committee on Ways and Means

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

finance labor
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 461?
AB 461 is sponsored by Assembly Committee on Ways and Means.
What is the current status of AB 461?
This bill has been enacted into law. Introduced March 29, 2023. Enacted.
Where can I track AB 461?
Track AB 461 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on AB 461

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 AB 461

Last checked for changes 2 months ago · updated continuously

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

Track this bill →