Bill > SB240

This bill modifies the state business license fee structure for certain businesses in Nevada, specifically reducing the licensing fee for smaller businesses. Under current law, most businesses pay either $200 or $500 for a state business license, depending on their type of incorporation. The bill introduces a new provision that allows sole proprietorships, limited-liability companies, limited partnerships, and general partnerships that employ 50 or fewer full-time or part-time employees to obtain a state business license for a reduced fee of $100, instead of the standard $200 or $500. This reduced fee will become effective on July 1, 2027, and aims to provide financial relief for smaller businesses by lowering their initial licensing costs. The bill maintains existing requirements that businesses must obtain a state business license from the Secretary of State before conducting business in Nevada, and the license remains separate from any local business licenses that may be required. The legislation preserves all other existing rules and definitions related to state business licensing, focusing solely on adjusting the fee structure for smaller businesses.

Budget and Finance, Government Affairs, Justice

https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/12361/Overview