Bill > AB442

This bill introduces new provisions to improve grant administration and transparency for state grant-making entities when providing financial assistance to private nonprofit corporations. Specifically, the bill requires state entities that make grants to provide written notice to a nonprofit within 30 calendar days if a payment is not made as scheduled, and to submit an annual compilation of these notices to the Office of Finance and Legislative Counsel Bureau. The bill defines key terms like "grant" (a financial assistance instrument for public purposes), "private nonprofit corporation" (a 501(c)(3) tax-exempt organization), and "state grant-making entity" (a state executive branch agency making grants). Additionally, the bill authorizes the Office of Federal Assistance to coordinate with state grant-making entities to identify best practices for grant administration, including advanced payments and compliance with federal regulations. The bill also requires the State Plan for Maximizing Federal Assistance to include methods for administering advanced payments to nonprofit corporations. These provisions will apply only to grants executed, renewed, or extended on or after July 1, 2026, giving state agencies time to prepare for the new requirements.

Budget and Finance, Government Affairs

https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/12650/Overview