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NV AB133

NV AB133
Revises provisions governing public financial administration. (BDR 20-537)


summary

Introduced
02/04/2025
In Committee
05/21/2025
Crossed Over
04/23/2025
Passed
06/03/2025
Dead
Signed/Enacted/Adopted
06/03/2025

Introduced Session

Potential new amendment
83rd Legislature (2025)

Bill Summary

AN ACT relating to public financial administration; revising the hours the office of the county treasurer is required to be kept open; requiring certain money from the sale of property for delinquent taxes to be accounted for separately in a county general fund and used to pay for the acquisition and improvement of technology used in the office of the county treasurer; revising the contents of a notice of delinquent taxes; revising provisions relating to certain property held in trust by a county treasurer; and providing other matters properly relating thereto.

AI Summary

This bill revises several provisions related to public financial administration in Nevada, with a focus on county treasurer operations and tax delinquency processes. The bill mandates that county treasurer offices cannot close earlier than 5 p.m. on business days and makes several technical changes to how delinquent tax notices are issued and processed. A key provision allows 5 percent of unclaimed excess proceeds from property sales with delinquent taxes to be set aside in a separate account specifically for acquiring or improving technology in the county treasurer's office. The bill also modifies procedures for handling excess proceeds from property sales, including eliminating the option of a hearing to resolve competing claims and instead requiring an interpleader action. Additionally, the bill removes the limitation that fee agreements for recovering excess proceeds only apply to primary residences, instead applying a 10 percent fee cap to any natural person or authorized representative seeking to recover such proceeds. The changes aim to streamline administrative processes, provide more consistent office hours, and create a dedicated funding mechanism for technological improvements in county treasurer offices.

Committee Categories

Business and Industry, Government Affairs

Sponsors (4)

Last Action

Chapter 229. (Effective October 1, 2025) (on 06/03/2025)

bill text


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