Bill > AB527A

This bill revises state budget preparation requirements by modifying how budget reserves are calculated. Currently, the Chief of the Budget Division prepares a proposed budget that includes a reserve between 5% and 10% of total proposed appropriations from the State General Fund. The bill now requires the Chief to include the total appropriations from the Judicial and Legislative Departments, the Public Employees' Retirement System, and the Tahoe Regional Planning Agency when calculating this reserve amount. This means these additional budgets will now be factored into the state's financial planning process, potentially affecting the overall reserve calculation. The change aims to provide a more comprehensive view of state spending and ensure that the budget reserve reflects a broader range of state government expenditures. The bill will become effective on July 1, 2023, and applies to the budget preparation process for state agencies, which traditionally occurs every two years.

https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/11928/Overview