EXPLANATION(NRS –407.0762) Matter[Section] Sections 2.5 and 3 of this bill [requires] require that any [fee] money collected for the lease of [land] real property owned by the State and assigned to the Division for administration for grazing [livestock on any land under the jurisdiction of the Division of State Parks] or pasturage or the sale of agricultural products produced on such real property must be collected.in the Account [.] and used in boldedthe italicsarea isor new;region in which the money was Section 2 of this bill makes conforming changes to intern.l references 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.

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

(Deleted[NRS by322.075 amendment.)is -hereby 83rdamended Sessionto (2025)read –as 2follows: – Sec.

322.075 Unless the fee for the term or any portion of the term of a lease of land for grazing livestock is determined pursuant to NRS 322.060:

1.

The fee for the term or any portion of the term of the lease must be based on the fair market value of the interest leased, but must not be less than:

(a) The minimum grazing fee determined pursuant to subsection 2;

or (b) The base value specified in subsection 3,  whichever is greater, for each animal unit month leased.

2.

To determine the minimum grazing fee for the purposes of subsection 1, the Administrator of the Division of State Lands of the State Department of Conservation and Natural Resources, as ex officio State Land Registrar, shall:

(a) For each of the 3 years immediately preceding the year in which the land is leased:

(1) Divide the price of beef cattle as set forth in the beef price index for that year by the cost to produce livestock as set forth in the production price index for that year;

and (2) Multiply the quotient calculated pursuant to subparagraph (1) by the base value specified in subsection 3 for that year;

and (b) Upon determining an amount for each year pursuant to paragraph (a), add each of those amounts and divide the sum by 3.

3.

For the purposes of this section, the base value is $1.94 for the period beginning on July 1, 1997, and ending on December 31, 2003.

On January 1, 2004, and every 6 years thereafter, the Administrator shall revise the base value to adjust for inflation.

4.

Any fee determined pursuant to this section for the term or any portion of the term of a lease of land for grazing livestock on any land under the jurisdiction of the Division of State Parks of the State Department of Conservation and Natural Resources must be deposited in the Account for Maintenance of State Parks within the Division of State Parks created by NRS 407.0762.

The money deposited in the Account pursuant to this subsection must be accounted for separately for each area under the jurisdiction of the Division, or if the Administrator of the Division of State Parks has organized the areas under the jurisdiction of the Division into regions pursuant to NRS 407.065, for each region and must only be used in the area or region in which the money was collected.

5.

As used in this section:

Assembly Amendment No.

796 to Assembly Bill No.

543 Page 5 (a) “Animal unit month” means the amount of forage required to sustain one cow for one month.

(b) “Beef price index” means the index that:

(1) Indicates the price of beef cattle in this State;

and (2) Is calculated by the Administrator from data published annually by the United States Department of Agriculture.

(c) “Production price index” means the index that:

(1) Indicates the cost to produce livestock, including the costs related to interest, taxes and wages;

and (2) Is published annually by the United States Department of Agriculture.] (Deleted by amendment.) Sec.

322.010 Except as provided in NRS 334.070 and 504.147 [,] and section 2.5 of this act, the Administrator of the Division of State Lands of the State Department of Conservation and Natural Resources, as ex officio State Land Registrar, may lease any land except contract land now or hereafter owned by the State of Nevada, or which may hereafter be granted to it by the United States of America, upon terms as provided in NRS 322.020, 322.030 and 322.040.

Except as otherwise provided in subsection 2, the Interim Finance Committee may exercise the powers conferred upon it by law only when the Legislature is not in a regular or special session.

In performing those duties, the Senate Standing Committee on Finance and the Assembly Standing Committee on Ways and Means may - 83rd Session (2025) – 3 – meet separately and transmit the results of their respective votes to the Chair of the Interim Finance Committee to determine the action of the Interim Finance Committee as a whole.

The Chair of the Interim Finance Committee may appoint a subcommittee consisting of six members of the Committee to review and make recommendations to the Committee on matters of the State Public Works Division of the Department of Administration that require prior approval of the Interim Finance Committee pursuantAssembly toAmendment subsectionNo. 3 of NRS 341.126, NRS 341.142 and paragraph (f) of subsection 1 of NRS 341.145.

796 to Assembly Bill No.

543 Page 6 pursuant to subsection 3 of NRS 341.126, NRS 341.142 and paragraph (f) of subsection 1 of NRS 341.145.

or (b) Sell any agricultural product of any kind, including, wit2.utwithout Thelimitation, Administratorany maycrop, notthat leaseis rightsproduced inon orthe toreal realroperty.property.

property2. or sell agricultural products pursuant to subsection 1 if such a lease or sale would:

The Administrator may not lease rights in or to real property or sell agricultural products pursuant to subsection 1 if such a lease or sale would:

and -(b) 83rdIf Sessionthe (2025)Administrator –finds 4that –the highest or best bid received pursuant to paragraph (a) is less than the amount that should be paid, the Administrator:

4.

If the deed to any real property assigned to the Division for administration contains a covenant or provision giving to the grantor an option to meet the highest bid for any lease offered by the Administrator for grazing or pasturage rights in or to such real property or the sale of agricultural products produced on such real property, the Administrator shall comply with the terms of the covenant or provision in the deed.

TheIf Administratorthe maydeed enterto intoany areal leaseproperty withassigned orto salethe toDivision afor stateadministration agencycontains withouta advertisingcovenant foror bidsprovision ifgiving to the rentgrantor agreedan option to bemeet paidthe highest bid for any agriculturallease productsoffered toby bethe soldAdministrator is,for grazing or pasturage rights in theor opinionto ofbesuch real property or the Administrator,sale equalof toagricultural products produced on such real property, the amountAdministrator thatshall wouldcomply bewith obtainedthe byterms of the Administratorcovenant byor advertisingprovision forin bids.the deed.

The Administrator may enter into a lease with or sale to a state agency without advertising for bids if the rent agreed to be paid by the state agency for the lease or the sale price agreed to be paid for any agricultural products to be sold is, in the opinion of the Administrator, equal to the amount that would be obtained by the Administrator by advertising for bids.

7.

The money deposited in the Account pursuant to this section must be accounted for separately for each area assigned to the Division for administration, or if the Administrator has organized theAssembly areasAmendment intoNo. regions pursuant to NRS 407.065, for each region and must only be used in the area or region in which the money was collected.

796 to Assembly Bill No.

543 Page 7 the areas into regions pursuant to NRS 407.065, for each region and must only be used in the area or region in which the money was collected.

within407.0762 the1. Division of State Parks is hereby created in the State General Fund.

The Account for Maintenance of State Parks within the Division of State Parks is hereby created in the State General Fund.

Any amount of the [fees] money collected pursuant to [subsection 4 of NRS 322.075] section 2.5 of this act must be deposited in the Account.

- 83rd Session (2025) – 5 – 3.

The money in the Account does not lapse to the State Gen[3.]General 5.Fund at the end of any fiscal year.

[3.] 5.

~~~~~TEXT 25OF -REPEALED 83rdSECTIONS Session322.075 (2025)Fees for leases of land for grazing livestock:

Conditions;

determination of minimum fee.

Unless the fee for the term or any portion of the term of a lease of land for grazing livestock is determined pursuant to NRS 322.060:

1.

The fee for the term or any portion of the term of the lease must be based on the fair market value of the interest leased, but must not be less than:

(a) The minimum grazing fee determined pursuant to subsection 2;

or (b) The base value specified in subsection 3,  whichever is greater, for each animal unit month leased.

2.

To determine the minimum grazing fee for the purposes of subsection 1, the Administrator of the Division of State Lands of the State Department of Conservation and Natural Resources, as ex officio State Land Registrar, shall:

(a) For each of the 3 years immediately preceding the year in which the land is leased:

(1) Divide the price of beef cattle as set forth in the beef price index for that year by the cost to produce livestock as set forth in the production price index for that year;

and (2) Multiply the quotient calculated pursuant to subparagraph (1) by the base value specified in subsection 3 for that year;

and Assembly Amendment No.

796 to Assembly Bill No.

543 Page 8 (b) Upon determining an amount for each year pursuant to paragraph (a), add each of those amounts and divide the sum by 3.

3.

For the purposes of this section, the base value is $1.94 for the period beginning on July 1, 1997, and ending on December 31, 2003.

On January 1, 2004, and every 6 years thereafter, the Administrator shall revise the base value to adjust for inflation.

4.

As used in this section:

(a) “Animal unit month” means the amount of forage required to sustain one cow for one month.

(b) “Beef price index” means the index that:

(1) Indicates the price of beef cattle in this State;

and (2) Is calculated by the Administrator from data published annually by the United States Department of Agriculture.

(c) “Production price index” means the index that:

(1) Indicates the cost to produce livestock, including the costs related to interest, taxes and wages;

and (2) Is published annually by the United States Department of Agriculture.