SB 119 — Revises provisions relating to the NV Grow Program. (BDR S-81)

EXEMPTSenate (ReprintedBill withNo. amendments adopted on April 14, 2025) FIRST REPRINT S.B.

119119–Senator SENATENeal BCHAPTER.......... ILLN O.

119–SENATOR N EAL PREFILED JANUARY 27, 2025 ____________ Referred to Committee on Revenue and Economic Development SUMMARY—Revises provisions relating to the NV Grow Program.

(BDR S-81) FISCAL NOTE:

Effect on Local Government:

No.

Effect on the State:

Contains Appropriation not included in Executive Budget.

~ EXPLANATION – Matter in bolded italics is new;

matter between brackets [omitted material] is material to be omitted.

theExisting Collegelaw ofdirects Southernthe NevadaDivision toof develop,Workforce create, oversee and manageEconomic theDevelopment NVfof Grow Program to provide certain informational and technical assistance to existing small businesses in this State that are expanding or ready to expand.

(Section 2 of chapter 459, Statutes of Nevada 2015, as last amended by chapter 440, Statutes of Nevada 2023, at page 2707) Existing law also requires all institutions of the Nevada System of Higher Education to track the business decisions and growth of andeach reportbusiness that dataparticipates in the Program over the entire period of the Program chapter 459, Statutes of Nevada 2015, as last amended by chapter 570, Statutes of Nevada 2019, at page 3668) Section 2 of this bill revises the name of the Division to the Division atof leastSmall onceBusiness everyand 6Entrepreneurship months.Development.

(Section 3 ofgram chapter 459, Statutes of Nevada 2015, as last amended by chapter 570, Statutes of Nevada 2019, at page 3668) Section 2 of this bill revises the name of the Division to the Division of Small Business and Entrepreneurship Development.

- *SB119_R1* – 2 – Existing law establishes certain qualifications for a business to participate in the Program, including that the business must generate at least $50,000 but not more last amended by chapter 440, Statutes of Nevada 2023, at page 2707) Section 2.5 of this bill instead requires a business to generate at least $35,000 but not more than $700,000 in revenuerevenue. to qualify to participate.

Section(Section 32 of chapter 459, Statutes of Nevada 2015, as this bill appropriatesinstead $1,900,000requires toa thebusiness Collegeto ofgenerate Southernat Nevadaleast for$35,000 certainbut allocationsnot andmore tothan assist$700,000 andin carryrevenue outto thequalify Program.to participate.

Section 3 of this bill appropriates $1,200,000 to the College of Southern Nevada for certain allocations and to assist and carry out the Program.

EXPLANATION – Matter in bolded italics is new;

matter between brackets [omitted material] is material to be omitted.

The NV Grow Act, being chapter 459, Statutes of Nevada 2015, as amended by chapter 430, Statutes of Nevada 2017, at page 2880, is hereby amended by adding thereto a new section to - 83rd Session (2025) – 2 – be designated as section 3.5, immediately following section 3, to read as follows:

On or before February 1 of each year, the Division shall prepare an annual report for the previous calendarexplanation year,of:which which must include, without limitation, an explanation(a) of:The assistance provided by the program to each business participating in the program;

(a)and (b) The assistancebusiness provideddecisions byand thegrowth programof to each business participating in the program;program tracked pursuant to subsection of section 3 of this act.

and (b) The business decisions and growth of each business participating in the program tracked pursuant to subsection 4 of section 3 of this act.

The Division, in consultation with the stakeholders group, shall develop, create and oversee the NV Grow Program to stimulate Nevada’s economy with a viewviewthe NV toward providing assistance to businesses that are already - *SB119_R1* – 3 – located and operating in this State rather than recruiting businesses from other states to relocate in Nevada.

(b) The Nevada Small Business Development Centers located in Clark County and Washoe County shall each - 83rd Session (2025) – 3 – cooperate with the geographic information system specialist employed to assist businesses in Clark County that are participating in the program with marketing and other efforts.

The Division shall select the lead counselor and managelimitation:NV the NV Grow Program, which must include, without limitation:(a) The employment and supervision of the lead counselor at the College of Southern Nevada who, in addition to his or her other duties, serves as the coordinator of the program.

(a) The employment and supervision of the lead counselor at the College of Southern Nevada who, in addition to his or her other duties, serves as the coordinator of the program.

(e) Identification by the Nevada Small Business Development Center located in Clark County and the Business Division of the skilled labor that exists in this State and its potential for growth.

- *SB119_R1* – 4 – (f) Targeting by the Centers and the Division of business sectors and occupations in this State that have demonstrated the ability to grow and stimulate the economy of the State.

(i) The use of geographic information systems by the College of Southern Nevada and the Centers to map areas of - 83rd Session (2025) – 4 – this State to determine locations in which retail sales and other commerce are flourishing and locations in which retail sales and commerce demonstrate the capacity for further growth.

(j) The elements described in subsection 2.

and (e) Providing to participants in the NV Grow Program classes and resources on business development and business financing.

- *SB119_R1* – 5 – 6.

- 83rd Session (2025) – 5 – (a) “Business plan” means a written statement of a set of business goals, the reasons those goals are believed to be attainable and the plan for reaching those goals.

(b) “Centers” means all institutions of the Nevada System of Higher Education, including, without limitation, the College of Southern Nevada and the University of Nevada, Reno.

There is hereby appropriated from the State General Fund to the College of Southern Nevada the sum of $1,900,000$1,200,000 to, except as otherwise provided in subsection 2, allow thethe(a) CollegeProvide ofor Southernobtain Nevadasuch to:services as may be necessary to assist and carry out the Program;

(a)(b) Provide ortraining obtainto suchthe servicesgeographic asinformation maysystem bespecialist necessaryemployed pursuant to paragraph (b) of subsection 3 of section 2 of the NV Grow Act to assist andsmall carrybusinesses outwho participate in the Program;Program, including, without limitation, travel expenses to receive training from a geographic information system specialist at the Nevada Small Business Development Center in Washoe County at least once every 3 months for not less than 1 year;

(b) Provide training to the geographic information system specialist employed pursuant to paragraph (b) of subsection 3 of section 2 of the NV Grow Act to assist small businesses who participate in the Program, including, without limitation, travel expenses to receive training from a geographic information system specialist at the Nevada Small Business Development Center in - *SB119_R1* – 6 – Washoe County at least once every 3 months for not less than 1 year;

and (d) Make direct program expenditures to assist and carry out the Program, including, without limitation, expenditures for the data - 83rd Session (2025) – 6 – software, marketing tools, interns, field trips and grants to members of the stakeholders group, as defined in subsection 7 of section 2 of the NV Grow Act, to assist and carry out the Program.

(a) An allocation of $100,000 must be disbursed each fiscal year to the University of Nevada Cooperative Extension in Clark CountyCountyar to provide counseling, training in geographic information systems and data scrubbing services for the Program.

As used in this section, “Program” means the NV Grow Program created pursuant to section 2 of the NV Grow Act, chapter 459, Statutes of Nevada 2015,2023, asat lastpage amended2707.amended by chapter 440, StatutesSec. of Nevada 2023, at page 2707.