SB 68 — Establishes programs to provide certain assistance relating to housing. (BDR 25-303)
Last action — (No further action taken.)
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed Assembly
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5To Executive
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6Enacted
This bill died with 2023 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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.
Bill Text
What changed in the latest version
402 added · 409 removedPlain-language change summary
The recent amendments to Bill SB 68 change how a portion of the real property transfer tax is managed. Instead of increasing the tax, the bill now requires that 15 cents of every $500 from current taxes go to a newly created Critical Needs Fund, specifically to support very low-income housing and services. This change is significant as it redirects existing tax revenue to address housing needs without raising taxes, potentially providing more targeted assistance to those in need.
REQUIRES(Reprinted TWO-THIRDSwith MAJORITYamendments VOTEadopted (§on 21)April 24, 2023) FIRST REPRINT S.B.
increasingrequiring the distribution of a certain portion of the real property transfer tax;tax to the Fund;
requiring the money from the increased tax to be deposited in the Fund;
The tax isincludes, basedwithout onlimitation, thea valuetax, ofat the transferredrate propertyof in$1.30 incrementson ofeach $500 of value or athe fractioncounty portionrecorder of thateach transfercounty taxas intoreimbursement the Account for Affordablethe Housing,cost whichof iscollecting administeredtheeld by tax, the Housingproceeds Division of the Departmenttax ofare Businesstransmitted andto Industrythe inState orderController tofor assistdeposit certain persons in obtainingthe orState keepingGeneral affordableFund. housing.
(NRS 319.500,375.023) 319.510,Section 375.070)21.5 Sectionof this bill requires a portion of this tax equal to 15 cents on each $500 of value of the transferrer property to be transmitted to the Critical Needs Fund created by section 14 of this bill:bill.
(1)Section creates14: the Critical Needs Fund;
(2)(1) requires the Housing Division of the Department of Business and Industry to administercertain theassistance Fund;for very low income housing, supportive housing and supportive services.
and (3) requires the money in the Fund to be used to provide certain assistance for very low income housing, on certain transfers of real property by 20 cents for each $500 of value or fractionx thereof, and section 22 of this bill requires the State Controller to deposit the amount attributable to the increase into the Fund.
- *SB68**SB68_R1* – 2 – Existing law divides this State into five behavioral health regions and creates a regional behavioral health policy board for each region.
From the money allocated for use in a behavioral health region, sections 15 and 23 of this bill require the policy board created for the regionregion, or the Division if the policy board fails to act, to determine an amount to be used for:
(1) rental or other assistance or home repair assistance forto assist eligible individuals to obtain or retain very low income housing;
Sectioneach 16policy ofboard thisto billrental requiresand theother Divisionassistance toand distributehome therepair moneyassistance allocatedfor byveryy low income housing to the housing authorities whose area of operation includes any part of thehousingthe behavioral health region.
Section 16 requires each housing authority to distribute that money to provide rental and other assistance and home repair assistance for very low income housing in the applicable behavioral health region, prioritizing households with the lowest income.income and households which are in supportive housing.
Section 17 of this bill requires the Division to distribute the money allocated by each policy board to supportive housing projects and supportive services in the provide rental assistance to supportiveitself housingby projectsfor within the applicablegrantspurpose toof behavioralawarding healthgrants region;to provide:
and(1) (2)rental second,assistance to the Department of Health and Human Services for the purpose of awarding grants to provide supportive serviceshousing projects within the applicable behavioral health region.region;
Sectionsand 18(2) funding for the acquisition and 19rehabilitation of thisproperties billsuitable requirefor theconversion Divisionto andsupportive housing within the Department,applicable respectively,behavioral to:health region.
(1)Section award18 suchrequires grants;the Division to adopt regulations prescribing the process for awarding those grants.
and (2) adopt regulations prescribing the process for awarding those grants.
“Disabling condition” means a substance use disorder, serious mental illness, post-traumatic stress disorder or other debilitating trauma, serious emotional disturbance, - *SB68_R1* – 3 – developmental disability, intellectual disability or chronic physical - *SB68* – 3 – illness or disability, including, without limitation, a combination of two or more such conditions.
IncludingIs thesubsidized costand ofprioritizes utilities,providing costshousing notfor morepersons thanwith 30a percentdisabling ofcondition thewho: total monthly gross income of the household to which the housing is provided;
and(a) 2.Have experienced or are at imminent risk of homelessness or whose disabling condition prevents independent living;
Offersand supportive(b) servicesCan tobenefit achievefrom housingcomprehensive stabilitysupport to:services to retain tenancy.
(a)2. At least one person who is a member of the household, whether adult or minor, with a disabling condition;
Uses admissions practices designed to result in lower barriers to entry than would be typical for other subsidized or (b)unsubsidized Arental personhousing, whoincluding, iswithout anlimitation, immediaterequirements familywith memberrespect ofto arental personhistory, describedcriminal inhistory paragraphor (a).source of income.
3.
Is paired with on-site or off-site, voluntary and tenant- centered tenancy supportive services designed to serve the resident population and assist with achieving successful tenancy, improving health status and providing a connection to community- based services, health care, treatment or employment services.
4.
Is subject to the provisions of chapter 118A of NRS.
(a) For a household that has a total monthly gross income that is equal to not more than 50 percent of the median monthly gross - *SB68_R1* – 4 – household income for the county in which the housing is located;
- *SB68* – 4 – Sec.
All money that is collected for the use of the Fund from any source, including, without limitation, pursuant to subsection 7 or NRS 375.020375.023 or from legislative appropriation, must be deposited in the State Treasury for credit to the Fund.
The Division may not use not more than 10 percent of the money in the Fund toto: administer the Fund.
(a) Administer the Fund;
and (b) Provide funding for administrative purposes to housing authorities.
The Division may apply for and accept any gift, donation, bequest, grant or other source of money for the purposes of providing rental and other assistance and home repair assistance for very low income housing, supportive housing and supportive services in accordance with sections 2 to 20, inclusive, of this act.
- *SB68_R1* – 5 – (b) Determine the amount of money in the Fund which is available for use within each behavioral health region in this State;
(a) At least $500,000$400,000 or one-fifth of the total money determined to be available pursuant to paragraph (a) of subsection 1, whichever is less, for use in each behavioral health region;
- *SB68* – 5 – 3.
Each policy board shall, within 3060 days after receipt of the report submitted by the Division pursuant to paragraph (c) of subsection 1:1 and, in consultation with the social services department of each county within the behavioral health region:
(a) Determine an amount of money,money which must be equal to orallocate greatertoward thanrental 25and percentother ofassistance theor moneyhome allocatedrepair pursuantassistance to subsectionassist 2eligible forpersons use in the behavioral health region for which the policy board was created, to allocateobtain toward rental assistance or homeretain repair assistance for very low income housing;
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(b) Determine an amount of money, which must be equal to or greater than 25 percent of the money allocated pursuant to subsection 2 for use in the behavioral health region for which the policy board was created, to allocate toward supportive housing and supportive services;
(a) Distribute the money allocated by the policy board toward rental and other assistance or home repair assistance forto assist eligible persons to obtain or retain very low income housing in accordance with section 16 of this act;
and (b) PrioritizeDistribute and distribute the money allocated by the policy board toward supportive housing and supportive services in accordance with section 1718 of this act.
AsIf useda inpolicy thisboard section,does “population”not meansmake a determination within the currenttime populationprescribed estimatepursuant forto subsection 3, the countiesDivision withinshall, aafter behavioralconsultation healthwith regionthe associal determinedservices andagency publishedof byeach county within the Departmentbehavioral health region, determine an amount of Taxationmoney andto allocate towards the demographerpurposes employeddescribed pursuantin toparagraphs NRS(a) 360.283.and (b) of subsection 3.
Upon making such a determination, the Division shall distribute the money allocated by the Division pursuant to this subsection in accordance with sections 16 and 18 of this act as though the allocation had been made by the policy board.
6.
As used in this section, “population” means the current population estimate for the counties within a behavioral health - *SB68_R1* – 6 – region as determined and published by the Department of Taxation and the demographer employed pursuant to NRS 360.283.
Upon receiving money from the Division pursuant to subsection 1, a housing authority shall distribute the money to households in the applicable behavioral health region for the purpose of providing rental and other assistance and home repair assistance forto assist eligible persons to obtain or retain very low income housing.
When making such a distribution, a housing authority shall prioritize households with the lowest income.income and households that are currently in supportive housing.
(a) Has made at least one application for another source of assistance for which the household or person is eligible including, - *SB68* – 6 – without limitation, from the Housing Choice Voucher Program or the Veterans Affairs Supportive Housing Program pursuant to 42 U.S.C.
The(Deleted Division shall distribute the money allocated by eachamendment.) policySec. board pursuant to paragraph (b) of subsection 3 of section 15 of this act in the following order of priority:
1.
First, to itself for the purpose of awarding grants pursuant to section 18 of this act to provide assistance to supportive housing projects within the applicable behavioral health region;
and 2.
Second, to the Department for the purpose of awarding grants pursuant to section 19 of this act to provide supportive services within the applicable behavioral health region.
Sec.
The Division shall use the money describedallocated inby subsectioneach 1policy ofboard sectionpursuant 17 of this act to awardparagraph competitive(b) grantsof subjectsubsection to3 the provisions of section 2015 of this act to providethe rentalDivision assistancefor to supportive housing projects within the applicablepurpose behavioralof healthawarding regioncompetitive ingrants ordersubject to ensure the financialprovisions sustainabilityof section 20 of suchthis projects.act to provide:
(a) Rental assistance and funding for supportive services to supportive housing projects within the applicable behavioral health region in order to ensure the financial sustainability of such projects;
and (b) Funding, not to exceed $15,000 per unit, for the acquisition and rehabilitation of properties suitable for conversion to supportive housing within the applicable behavioral health region.
The Division shall adopt regulations prescribing the process for awarding competitive grants pursuant to this section, - *SB68_R1* – 7 – including, without limitation, the process to apply for such a grant.
The regulations mustmust: require:
(a) AnProvide annualfor performancethe participation in the grant review process of eacha personmember of the applicable policy board, or entitya todesignee whomof the policy board, and a grantrepresentative isof awarded;a social services agency of a county;
and (b) TheRequire renewalan applicant to demonstrate the ability to leverage federal and other sources of amoney grantand atgive leastpriority everyto 3applications years.from applicants who show the most ability to or experience in securing leveraged funding;
(c) Require an applicant to make the supportive housing available to qualified tenants for not less than 24 months and provide that additional consideration in the competitive process will be given to projects that create permanent supportive housing accompanied by robust supportive services;
(d) Require an annual performance review of each person or entity to whom a grant is awarded;
(e) Require the renewal of a grant at least every 3 years and authorize up to four renewals, contingent upon successful annual performance reviews;
and (f) Authorize the use of unallocated money to supplement grants from prior years or the retention of unallocated money in a carryover account to fund future projects within the behavioral health region.
1.(Deleted by amendment.) Sec.
The Department shall use the money described in subsection 2 of section 17 of this act to award competitive grants subject to the provisions of section 20 of this act, in approximately equal amounts, to provide supportive services:
(a) In conjunction with supportive housing projects within the applicable behavioral health region;
and (b) For persons who do not reside in supportive housing projects within the applicable behavioral health region.
2.
The Department shall adopt regulations prescribing the process for awarding competitive grants pursuant to this section, including, without limitation, the process to apply for such a grant.
The regulations must require:
(a) An annual performance review of each person or entity to whom a grant is awarded;
and (b) The renewal of a grant at least every 3 years.
- *SB68* – 7 – Sec.
A person or entity to which a grant is awarded pursuant to section 18 or 19 of this act may make commitments of not more than 1015 years with regard to the use of the money.
Such a commitment is contingent on the availability of funds, the outcome of the annual performance reviews conducted pursuant to section 18 or 19, as applicable, of this act, and the successful renewal of the grant.
A person or entity to which a grant is awarded pursuant to section 18 of this act may apply for another competitive grant pursuant to that section after any previous grant has ended and can no longer be renewed.
A grant awarded pursuant to section 18 or 19 of this act must require a person or entity that wishes to receive such assistance to provide evidence to the grantee that the person or entity:
or - *SB68_R1* – 8 – (b) Is not eligible to receive any assistance described in paragraph (a).
NRS(Deleted 375.020by isamendment.) herebySec. amended to read as follows:
375.02021.5. 1.
ANRS tax,375.023 atis thehereby rateamended of:to read as follows:
(a)375.023 In1. a county whose population is 700,000 or more, [$1.25;] $1.45;
andIn (b)addition Into aall countyother whosetaxes populationimposed ison lesstransfers thanof 700,000,real [65]property, 85a cents,tax, at forthe rate of $1.30 on each $500 of value or fraction thereof, is hereby imposed on each deed by which any lands, tenements or other realty is granted, assigned, transferred or otherwise conveyed to, or vested in, another person, or land sale installment contract, if the consideration or value of the interest or property conveyed exceeds $100.
The amount of the tax must be computed on the basis of the value of the transferred real property as declared pursuant to NRS 375.060.
Sec.
22.
NRS 375.070 is hereby amended to read as follows:
375.070 1.
The county recorder shall transmit the proceeds of the tax imposed by NRS 375.020 at the end of each quarter in the following manner:
(a) An amount equal to that portion of the proceeds which is equivalent to 10 cents for each $500 of value or fraction thereof must be transmitted to the State Controller who shall deposit that amount in the Account for Affordable Housing created pursuant to NRS 319.500.
(b) An amount equal to that portion of the proceeds which is equivalent to 20 cents for each $500 of value or fraction thereof - *SB68* – 8 – must be transmitted to the State Controller who shall deposit that amount in the Critical Needs Fund created by section 14 of this act.
(c) In a county whose population is 700,000 or more, an amount equal to that portion of the proceeds which is equivalent to 60 cents for each $500 of value or fraction thereof must be transmitted to the county treasurer for deposit in the county school district’s fund for capital projects established pursuant to NRS 387.328, to be held and expended in the same manner as other money deposited in that fund.
[(c)] (d) The remaining proceeds must be transmitted to the State Controller for deposit in the Local Government Tax Distribution Account created by NRS 360.660 for credit to the respective accounts of Carson City and each county.
2.
In addition to any other authorized use of the proceeds it receives pursuant to subsection 1, a county or city may use the proceeds to pay expenses related to or incurred for the development of tier one affordable housing and tier two affordable housing.
A county or city that uses the proceeds in that manner must give priority to the development of tier one affordable housing and tier two affordable housing for persons who are elderly or persons with disabilities.
The expensescounty authorizedrecorder byof subsectioneach 2county include,shall butcollect arethe nottax limitedin to:the manner provided in NRS 375.030, except that the amount collected must be transmitted to the State Controller [for] within 30 days after the end of the calendar quarter during which the tax was collected.
(a) The costsState toController acquireshall landdeposit and: developmental rights;
(b)(a) RelatedAn predevelopmentamount expenses;equal to that portion of the proceeds which is equivalent to 15 cents for each $500 of value or fraction thereof in the Critical Needs Fund created by section 14 of this act;
(c)and (b) The costsremaining toamount developin the land,State includingGeneral theFund payment. of related rebates;
(d)[within Contributions30 towarddays downafter paymentsthe madeend forof the purchasecalendar ofquarter affordableduring housing;which the tax was collected.] 4.
The county recorder of each county may deduct and (e)withhold Thefrom creationthe taxes collected 1 percent of relatedthose trusttaxes funds.to reimburse the county for the cost of collecting the tax.
4.
As used in this section:
(a) “Tier one affordable housing” has the meaning ascribed to it in NRS 278.01902.
(b) “Tier two affordable housing” has the meaning ascribed to it in NRS 278.01906.
22.
(Deleted by amendment.) Sec.
- *SB68* – 9 – (3) Identified gaps in the behavioral health services which are available in the behavioral health region and any recommendations or service enhancements to address those gaps;
and - *SB68_R1* – 9 – (5) Priorities for allocating money to support and develop behavioral health services in the behavioral health region.
(h) Identify and coordinate with other entities in the behavioral health region and this State that address issues relating to behavioral - *SB68* – 10 – health to increase awareness of such issues and avoid duplication of efforts.
- *SB68_R1* – 10 – (2) A description of the methods used by the policy board to collect and analyze data concerning the behavioral health needs and problems of the behavioral health region and gaps in behavioral health services which are available in the behavioral health region, including, without limitation, a list of all sources of such data used by the policy board;
H - *SB68**SB68_R1*
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View plain text versions (2)
- Reprint 1 View text Current pdf
- Introduced As Introduced pdf
Amendments
1 amendmentClick Show changes on an amendment above to see how it modifies the bill.
Action History
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(No further action taken.)
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From printer. To engrossment. Engrossed. First reprint. To committee.
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From committee: Amend, and do pass as amended. Placed on Second Reading File. Read second time. Amended. (Amend. No. 528.) Taken from General File. Re-referred to Committee on Finance. Exemption effective. To printer.
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Notice of eligibility for exemption.
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Read first time. To committee.
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From printer.
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Prefiled. Referred to Committee on Revenue and Economic Development. To printer.
Sponsors
- Senate Committee on Revenue and Economic Development · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 66 not signed on
Sponsors (1)
- Senate Committee on Revenue and Economic Development
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.
Subjects
Frequently asked questions
- Who sponsors SB 68?
- SB 68 is sponsored by Senate Committee on Revenue and Economic Development.
- What is the current status of SB 68?
- This bill died with 2023 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 68?
- Track SB 68 free on One Click Politics — get push/email alerts when it moves.
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