Bill > AB249

This bill revises requirements for fiscal notes in Nevada legislative bills, making several key changes to how potential financial impacts are reported. The bill modifies the summary language for bills to provide more nuanced descriptions of potential fiscal effects, specifically changing the standard "Effect on the State: Yes" to "Effect on the State: May have Fiscal Impact" and introducing a new provision about potential impacts on the State Highway Fund. For local government fiscal notes, the bill allows the Fiscal Analysis Division (the legislative budget research unit) to extend the time for preparing a fiscal note by up to 7 additional working days if complex research is required, expanding from the current 8-day window. The bill also requires more detailed fiscal impact statements, including specific categories like whether an appropriation is included in the Executive Budget for both state general funds and the State Highway Fund. These changes aim to provide legislators and the public with more precise and informative fiscal impact assessments for proposed legislation, giving a clearer picture of potential financial consequences before a bill is passed. The bill is set to take effect on July 1, 2025.

Government Affairs

Ways and Means (A)

https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/12279/Overview