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SB 420 Nevada Senate · 2025 Regular Session

Authorizes the creation of business improvement districts. (BDR 22-372)

SB 420 authorizes Nevada municipalities to create business improvement districts (BIDs) where local businesses pay fees to fund projects like transportation, housing, and managing visitor impacts. To form a BID, business owners covering over 50% of proposed assessments must petition the city or county government, submit a management plan, and attend a public hearing. The bill requires districts to base fees on business benefits, limits districts to 5-year terms (with possible 10-year renewals), and mandates annual reports to the legislature. It also allows districts to issue bonds for projects and requires independent audits of related contracts. This directly affects businesses within designated BID areas and local governments overseeing the districts.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill establishes business fees to fund local projects (transportation, housing), creating new municipal revenue streams for public services.90% confidence ✓ HousingSupports HousingExplicitly lists housing as an eligible project for BID funding, enabling business fees to support housing development initiatives.85% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 24, 2025 Last action Jun 3, 2025
Maddy AI version diff · 1 comparison

What changed between versions

As Introduced → Reprint 1 · 6 edits
MODERATE
This bill was amended to change its applicability from municipalities to county governments, adding provisions for district renewal, owners' associations, and modifications to district boundaries and terms. The changes expand the bill's scope to better align with county-level governance structures and add operational flexibility for business improvement districts.
Scope change
The bill's scope changed from authorizing municipalities to create business improvement districts to authorizing county boards of county commissioners to do so. This represents a shift in jurisdiction from cities/towns to county-level government.
SCOPE

Changed the governing body from 'municipalities' to 'board of county commissioners of certain counties' throughout the bill and legislative digest.

REQUIREMENT

Added Section 15.3 to authorize renewal of districts with specific procedures and a maximum 10-year term upon renewal.

Added Section 15.7 requiring contracts with owners' associations when designated in the district management plan.

Changed protest threshold language from 'owners or authorized representatives' to 'business owners or authorized representatives' for clarity.

Added requirement that remaining revenue from a previous district must be spent to benefit businesses included in the previous district.

ADDED

Added requirement for county clerk to maintain and make available a copy of the district management plan for public inspection.

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
5
Key actions
3
Committee
3
Apr 24, 2025
Upper · Passed
From printer. To engrossment. Engrossed. First reprint. To committee.
upper
Apr 21, 2025
Upper · Passed
From committee: Amend, and do pass as amended. Placed on Second Reading File. Read second time. Amended. (Amend. No. 520.) Notice of eligibility for exemption. Taken from General File. Re-referred to Committee on Finance. Exemption effective. To printer.
upper
Mar 26, 2025
Upper · Passed
From printer. To committee.
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.