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NV AB595

NV AB595
Revises provisions governing fiscal information for legislative measures. (BDR 17-1239)


summary

Introduced
05/23/2025
In Committee
06/01/2025
Crossed Over
05/31/2025
Passed
06/11/2025
Dead
Signed/Enacted/Adopted
06/11/2025

Introduced Session

83rd Legislature (2025)

Bill Summary

AN ACT relating to fiscal notes; revising provisions governing the information concerning fiscal effect that must be included in the summary of each bill or joint resolution introduced in the Legislature; revising provisions governing the preparation of fiscal notes; and providing other matters properly relating thereto.

AI Summary

This bill clarifies and standardizes the definition of "Executive Budget" in Nevada's legislative process, specifically for the purposes of fiscal notes and bill summaries. The legislation amends existing law to precisely define the Executive Budget as the proposed budget that the Governor submits to the Director of the Legislative Counsel Bureau for transmittal to the Legislature, which must be done no later than 14 calendar days before the start of a regular legislative session. The bill requires bill summaries to include specific fiscal impact statements, such as whether a bill affects local government, has an effect on the state, or contains appropriations included or not included in the Executive Budget. It also maintains the existing requirement that the Fiscal Analysis Division obtain fiscal notes for bills that create significant fiscal liabilities (over $2,000) or impact state prison terms, with an exception for bills directly related to the proposed executive budget. These changes aim to provide more clarity and consistency in how fiscal information is reported and evaluated during the legislative process, with the amendments set to take effect on July 1, 2025.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Ways and Means (Assembly)

Last Action

Chapter 509. (Effective July 1, 2025) (on 06/11/2025)

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