AB 423 Nevada Assembly · 2025 Regular Session

Revises provisions relating to business. (BDR 53-852)

AB 423 revises Nevada business laws to provide specific exemptions and requirements. It allows sole proprietors (businesses with only one owner-employee) to elect not to contribute to the Unemployment Compensation Fund, but they lose eligibility for unemployment benefits. The bill also exempts certain new business license applicants from the $200 initial fee and first renewal fee if they commit to hiring full-time employees or making capital investments within two years, with a review at the second renewal. Additionally, it sets new rules for land use authorities reviewing modifications to personal wireless service facilities.

Issues: ✗ Labor & Employment

Bill status in committee 1 of 4 stages cleared

Introduction

Mar 2025

Committee Review

Floor Vote

Governor

Introduced Mar 13, 2025 Last action Jun 3, 2025

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What changed between versions

As Introduced → Reprint 1 · 4 edits

MODERATE

This bill revision expands eligibility for employers to opt out of paying unemployment insurance contributions. Previously only single-owner businesses could elect this exemption; now small businesses with up to two family members as owners can also qualify. The legislative digest was updated to reflect these changes while maintaining the core purpose of allowing small business owners to reimburse the fund rather than make quarterly contributions.

Scope change

Expanded eligibility from single-owner businesses to include businesses with up to two family members as owners

ELIGIBILITY

Expanded eligibility criteria in Section 3.3 to include employers with not more than two persons who share a familial relationship within the first degree of consanguinity as owners, in addition to single-owner businesses

TECHNICAL

Updated bill title and member list to reflect amendments adopted on April 18, 2025, with Assembly members Cole and Kasama added

Deleted original Sections 1, 2, and 3 which contained the previous version of the unemployment contribution election process

REQUIREMENT

Revised legislative digest to clarify that existing law already authorized certain employers to reimburse the Unemployment Compensation Fund, and new sections 3.3-3.7 now authorize additional employer types to make this election

Floor votes

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 22, 2025

Lower · Passed

From printer. To engrossment. Engrossed. First reprint. To committee.

lower

Apr 18, 2025

Lower · Passed

From committee: Amend, and do pass as amended. Placed on Second Reading File. Read second time. Amended. (Amend. No. 478.) Taken from General File. Rereferred to Committee on Ways and Means. Exemption effective. To printer.

lower

Mar 14, 2025

Lower · Passed

From printer. To committee.

lower

2 primary · 5 co-sponsors