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NV SB248

NV SB248
Revises provisions relating to governmental financial administration. (BDR 31-631)


summary

Introduced
03/09/2023
In Committee
03/09/2023
Crossed Over
Passed
Dead
04/15/2023

Introduced Session

82nd Legislature (2023)

Bill Summary

AN ACT relating to state finances; revising the maximum balance authorized in the Account to Stabilize the Operation of the State Government by basing the maximum amount on the appropriations for the biennium rather than the appropriations for the fiscal year; and providing other matters properly relating thereto.

AI Summary

This bill revises the maximum balance authorized in the Account to Stabilize the Operation of the State Government. The bill changes the basis for the maximum balance from the appropriations for the fiscal year to the appropriations for the biennium. This means that the maximum balance in the account will now be based on the total appropriations for the two-year budget period, rather than just the appropriations for a single fiscal year. The bill aims to provide more flexibility and stability in the management of the state's finances.

Committee Categories

Government Affairs

Sponsors (7)

Last Action

(Pursuant to Joint Standing Rule No. 14.3.1, no further action allowed.) (on 04/15/2023)

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