Nevada 2023 Regular Session Status: In Committee 1 D cosponsors

SB 139 — Exempts certain persons from provisions governing the licensure and regulation of persons engaged in the business of lending. (BDR 52-867)

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 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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

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 exemptions for certain lenders, removing specific exemptions for Internet business lenders and allowing all lenders to operate without licensing if credit is extended exclusively regardless of the borrower's residency or purpose of the loan.

  • NRS 675.020

    “Internet business lender” means a person who makes business loans exclusively through the Internet.

    The definition of 'Internet business lender' is removed, affecting how lenders are categorized.

  • NRS 675.040

    who is not a resident of this State for any business, commercial or agricultural purpose that is located outside of this State. → regardless of any personal guaranty or collateral involved in such an extension of credit.

    The criteria for exempting lenders from licensure is broadened to include those extending credit regardless of the borrower's residency or the purpose being located within the state.

  • NRS 675.090

    (a) The applicant is an Internet business lender; or

    The requirement that only Internet business lenders could apply from outside the state is removed, allowing broader applicability.

Action History

  1. (No further action taken.)

  2. Notice of eligibility for exemption. Taken from General File. Re-referred to Committee on Finance. To committee. Exemption effective.

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

  4. Read second time.

  5. From committee: Do pass.

  6. From printer. To committee.

  7. Read first time. Referred to Committee on Commerce and Labor. To printer.

Sponsors

Sponsorship breakdown

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1 sponsors · 1 co-sponsors · 65 not signed on

Sponsors (1)

Co-sponsors (1)

Not signed on (65)

65 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 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 SB 139?
SB 139 is sponsored by Cannizzaro, Nicole J. (Democratic) and Scott Hammond.
What is the current status of SB 139?
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 139?
Track SB 139 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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