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Bill > SB454


NV SB454

Revises provisions governing the State Highway Fund. (BDR 35-1128)


summary

Introduced
04/01/2025
In Committee
05/28/2025
Crossed Over
05/22/2025
Passed
06/04/2025
Dead

Introduced Session

83rd Legislature (2025)

Bill Summary

AN ACT relating to the State Highway Fund; extending the temporary increase of the maximum amount of certain proceeds deposited in the State Highway Fund that may be used for the costs of administering the collection of those proceeds; and providing other matters properly relating thereto.

AI Summary

This bill extends the temporary increase in the maximum percentage of State Highway Fund proceeds that can be used for administrative costs from 27% to 27%, with the expiration date now pushed back from June 30, 2026 to June 30, 2027. Under Nevada's existing constitutional and statutory provisions, proceeds from motor vehicle license, registration, and other highway-related fees are typically deposited into the State Highway Fund and used exclusively for constructing, maintaining, and repairing public highways. The current law allows up to 27% of these proceeds to be used for administering the collection of these fees, which is a temporary increase from the previous 22% limit. By extending this temporary increase for another year, the bill ensures that the state can continue to allocate a slightly higher percentage of highway-related fee revenues to cover the administrative costs of collecting these fees, without changing the fundamental purpose of using the majority of these funds for highway infrastructure.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Finance (S)

Last Action

Enrolled and delivered to Governor. (on 06/04/2025)

bill text


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