Provides for reimbursement of cities and counties for reductions or subsidies of certain fees for affordable housing projects. (BDR 25-438)

SB 51 creates a state reimbursement program for cities and counties that reduce or subsidize specific fees to support affordable housing projects. It establishes a $20 million "Account for Housing Expansion Through Local Partnerships" in the State General Fund to reimburse local governments for costs incurred when lowering impact fees, building permit fees, or enterprise fund fees. Local jurisdictions must meet housing element requirements under NRS 278.235 and provide proof of fee reductions and completed housing projects to qualify. The reimbursement process requires review by the Housing Division, State Board of Examiners, and final approval by the Interim Finance Committee before funds are distributed.