Bill > AB528

This bill revises Nevada's property tax abatement program for energy-efficient buildings, aiming to encourage sustainable construction and renovation. The bill allows the Director of the Office of Energy to again accept applications for property tax abatements for buildings meeting specific energy efficiency standards under the Green Building Rating System. The new provisions create a tiered abatement system: new buildings can receive a 20-35% annual tax abatement for up to 10 years, existing buildings that did not previously receive an abatement can get a 20-35% annual abatement for up to 5 years, and buildings that received an abatement before July 1, 2021, can receive a 5% annual abatement for up to 3 years if recertified. The bill introduces more stringent requirements for achieving different certification levels (silver, gold, platinum, and zero carbon), including obtaining resilience credits, improving energy performance beyond current building codes, and meeting specific sustainability criteria. Additionally, the bill requires recipients to submit annual energy and water consumption reports and gives the Director of the Office of Energy the authority to adopt regulations for implementing and managing these abatements, with the goal of promoting more energy-efficient and environmentally friendly buildings in Nevada.

Budget and Finance, Transportation and Infrastructure

Growth and Infrastructure (Assembly)

https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/12819/Overview