Bill > SB83

This bill requires the issuance of up to $10.5 million in general obligation bonds to fund environmental improvement projects in the Lake Tahoe Basin, continuing a long-standing effort to protect and restore the region's unique ecosystem. The bonds are part of a second phase of the Environmental Improvement Program originally established in 1997, which involves cooperation between federal, Nevada, and California governments. The funds will specifically support five key environmental activities: forest health and fuels management, control of invasive species, enhancement of recreational opportunities, protection of sensitive species and wildlife habitat, and water quality, erosion control, and stream restoration projects. The Division of State Lands can use the money for alternative activities if the Interim Finance Committee provides written approval. The bill emphasizes Nevada's commitment to preserving the Lake Tahoe Basin's natural resources and allows the use of any interest accrued on the bond proceeds. These bonds are part of a broader $100 million authorization made in 2009, with a deadline for issuance extended to June 30, 2030. The act will become effective on July 1, 2025, and is viewed by the Legislature as a necessary measure for protecting the state's natural resources.

Agriculture and Natural Resources, Budget and Finance, Justice

Natural Resources (S)

https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/11959/Overview