Nevada 2025 Regular Session Status: Enacted

AB 164 — Revises provisions relating to the Account for Student Indemnification. (BDR 34-544)

Last action — Approved by the Governor. Chapter 74.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Assembly
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 31, 2025. Enacted.

Signed by Governor Joe Lombardo (Republican) on May 28, 2025.

Prognosis

Advancing 50% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

44 added · 54 removed

Plain-language change summary

The amendment to Assembly Bill No. 164 introduces a $5 quarterly fee that postsecondary institutions must pay for each student they enroll, which will be used to fund the Account for Student Indemnification. Additionally, the bill raises the minimum balance in this account from $250,000 to $750,000 before institutions can be exempted from the fee. This change aims to ensure that there are sufficient funds available to support students who may be harmed if their institution closes or violates regulations, thus providing stronger protections for students.

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REQUIRES TWO-THIRDS MAJORITY VOTE (§ 1) A.B.
Assembly Bill No.
164 ASSEMBLY BILL NO .
164–Assemblymember O’Neill CHAPTER..........
164–ASSEMBLYMEMBER O’N EILL P REFILED JANUARY 31, 2025 ____________ Referred to Committee on Education SUMMARY—Revises provisions relating to the Account for Student Indemnification.
(BDR 34-544) FISCAL NOTE:
Effect on Local Government:
No.
Effect on the State:
No.
~ EXPLANATION – Matter in bolded italics is new;
matter between brackets [omitted material] is material to be omitted.
Existing law requires each postsecondary educational institution licensed by the Commission on Postsecondary Education, generally privately owned postsecondary educational institutions, to pay to the Administrator of the Commission a quarterly fee of $5 for each student the institution initially enrolls in a calendar quarter in a fee is required to be deposited in the State Treasury for credit to the Account for Student Indemnification.
Commission on Postsecondary Education, generally privately owned postsecondaryby the educational institutions, to pay to the Administrator of the Commission a quarterly fee of $5 for each student the institution initially enrolls in a calendar quarter in a program for which the student pays a tuition or registration fee.
(NRS 394.557) Money in the Account may be used to indemnify a student or enrollee of a postsecondary educational institution who has suffered damage because the postsecondary educational institution ceased operations or due to a violation of certain provisions governing postsecondary educational institutions that are licensed by the Commission.
Money from this fee is required to be deposited in the State Treasury for credit to the Account for Student Indemnification.
Money in the Account may also be used for certain costs related to investigating claims for indeIf the balance in the Account is $250,000 or more, existing law:
(NRS 394.557) Money in the Account may be used to suffered damage because the postsecondary educational institution ceasedon who has operations or due to a violation of certain provisions governing postsecondary educational institutions that are licensed by the Commission.
(1) requires the Administrator to notify the postsecondary educational institutions licensed by the Commission;
Money in the Account may also be used for certain costs related to investigating claims for indemnification from the Account.
(NRS 394.553) Administrator to notify the postsecondary educational institutions licensed by thethe Commission;
If the balance in the Account subsequently falls below $250,000, the Administrator is required to notify the postsecondary educational institutions that the fee must again be paid until the balance in the above which postsecondary educational institutions are not required to pay the fee from $250,000 or more to $750,000 or more.
If the balance in the Account subsequently falls below $250,000, the Administrator is required to notify the postsecondary educational institutions that the fee must again be paid until the balance in the Account is $250,000 or more.
- *AB164* – 2 – THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
(NRS 394.557) This bill raises the Account balance from $250,000 or more to $750,000 or more.itutions are not required to pay the fee EXPLANATION – Matter in bolded italics is new;
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:
Except as otherwise provided in subsection 2, pay to the Administrator a fee of $5 for each student the institutionll initially enrolls in a program for which the student pays a tuition or registration fee.
Except as otherwise provided in subsection 2, each postsecondary educational institution licensed in this state shall pay to the Administrator a fee of $5 for each student the institution initially enrolls in a program for which the student pays a tuition or registration fee.
The Administrator shall deposit the money in the State Treasury for credit to the Account for Student Indemnification.
The Administrator shall deposit - 83rd Session (2025) – 2 – the money in the State Treasury for credit to the Account for Student Indemnification.
The Administrator shall notify each postsecondary educational institution licensed in this state if the balance in the Account is [$250,000] $750,000 or more.
The Administrator shall notify each postsecondary educational institution licensed in this state if the balance in the Account is [$250,000] $750,000 or more, a postsecondaryin the educational institution is not required to pay the fee required by subsection 1.
If the balance in the Account is [$250,000] $750,000 or more, a postsecondary educational institution is not required to pay the fee required by subsection 1.
H - *AB164*
~~~~~ 25 - 83rd Session (2025)
View plain text versions (2)

Action History

  1. Approved by the Governor. Chapter 74.

  2. Enrolled and delivered to Governor.

  3. In Assembly. To enrollment.

  4. Read third time. Passed. Title approved. (Yeas: 21, Nays: None.) To Assembly.

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

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

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

  8. From committee: Do pass. Placed on Second Reading File. Read second time.

  9. In Senate. Read first time. Referred to Committee on Education. To committee.

  10. Read third time. Passed. Title approved. (Yeas: 42, Nays: None.) To Senate.

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

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

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

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

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

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

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

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

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

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

  21. Read second time.

  22. From committee: Do pass.

  23. Read first time. To committee.

  24. From printer.

  25. Prefiled. Referred to Committee on Education. To printer.

Sponsors

  • PK O’Neill · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 66 not signed on

Sponsors (1)

  • PK O’Neill

Co-sponsors (0)

None.

Not signed on (66)

66 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

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Frequently asked questions

Who sponsors AB 164?
AB 164 is sponsored by PK O’Neill.
What is the current status of AB 164?
This bill has been enacted into law. Introduced January 31, 2025. Enacted.
Where can I track AB 164?
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