SB 132 — Makes an appropriation to the Nevada Clean Energy Fund for securing and implementing grants for qualified clean energy projects. (BDR S-593)

EXEMPTSenate (ReprintedBill withNo. amendments adopted on May 28, 2025) FIRST REPRINT S.B.

132132–Senator SENATENguyen BCHAPTER.......... ILLN O.

132–SENATOR NGUYEN PREFILED JANUARY 30, 2025 ____________ Referred to Committee on Finance SUMMARY—Makes an appropriation to the Nevada Clean Energy Fund for securing and implementing grants for qualified clean energy projects.

(BDR S-593) 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.

EXPLANATION – Matter in bolded italics is new;

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

(a) Providing bridge or gap funding for qualified clean energy projects;pro(b) Providing technical support to state and local agencies;

(b) Providing technical support to state and local agencies;

- *SB132_R1* – 2 – (b) Prepare and transmit a final report to the Interim Finance Committee on or before September 17, 2027, that describes each expenditure made from the money appropriated by subsection 1 from the date on which the money was received by the Nevada Clean Energy Fund through June 30, 2027;

and (c) Upon request of the Legislative Commission, make available to the Legislative Auditor any of the books, accounts, claims, reports, vouchers or other records of information, confidential or otherwise, of the Nevada Clean Energy Fund, regardless of their form or location, that the Legislative Auditor deems necessary to conduct an audit of the use of the money appropriated by sub3.ctAny remaining balance of the appropriation made by subsection 11. must not be committed for expenditure after June 30, 2027, by the entity to which the appropriation is made or any entity to which money from the appropriation is granted or otherwise transferred in any manner, and any portion of the appropriated money remaining must not be spent for any purpose after September 17, 2027, by either the entity to which the money was appropriated or the entity to which the money was subsequently granted or transferred, and must be reverted to the State General Fund on or before September 17, 2027.

3.

Any remaining balance of the appropriation made by 2027, by the entity to which the appropriation is made or any entity to which money from the appropriation is granted or otherwise - 83rd Session (2025) – 2 – money remaining must not be spent for any purpose afterpriated September 17, 2027, by either the entity to which the money was appropriated or the entity to which the money was subsequently granted or transferred, and must be reverted to the State General Fund on or before September 17, 2027.

H~~~~~ 25 - *SB132_R1*83rd Session (2025)