Bill > SB206

This bill expands the responsibilities of the Fiscal Analysis Division of the Nevada Legislative Counsel Bureau by requiring them to conduct a comprehensive study during each legislative interim. Specifically, the division must estimate the potential return on investment for up to two proposed new or revised state programs and analyze the annual return on investment for up to three existing state programs. The bill allows the division to contract with external experts to help complete this study, if funding is available. The study must be completed and submitted to the Interim Finance Committee by December 1 of each even-numbered year. This new requirement builds upon the division's existing duties to examine state agencies, recommend efficiency improvements, and analyze the state's financial position. The goal is to provide more detailed, data-driven insights into the effectiveness and economic impact of state programs, helping legislators make more informed budget and policy decisions. The bill will take effect on July 1, 2025.

Government Affairs

https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/12264/Overview