Revises provisions relating to state financial administration. (BDR 31-415)
SB 18 changes Nevada's budget rules by allowing state agencies in the Executive Department to retain 50% of unspent funds from the State General Fund or Highway Fund that remain unobligated by June 30 each year, instead of those funds reverting to the state treasury. This applies to operational appropriations (excluding supplemental or one-time funding) and permits agencies to use the retained money for any purpose within their existing responsibilities. The bill does not affect federal funds, proprietary funds, or specific entities like the University of Nevada Board of Regents. It amends Nevada Revised Statutes to clarify this retention mechanism and takes effect on July 1, 2025.
Bill status
in committee
1 of 4 stages cleared
Introduction
Nov 2024
Committee Review
Floor Vote
Governor
Introduced Nov 5, 2024
Last action Apr 12, 2025
Floor votes
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Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
0
Nov 5, 2024
Introduced
Prefiled. Referred to Committee on Government Affairs. To printer.
upper
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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