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SB 76 Nevada Senate · 2025 Regular Session

Revises provisions relating to securities. (BDR 7-486)

SB 76 creates the Fund for the Compensation of Victims of Securities Fraud in Nevada. The fund uses money from securities enforcement actions (like fines or settlements) to compensate victims who were awarded restitution by a court but never received the full payment. Victims can apply directly to the Securities Division Administrator for compensation, and must reimburse the fund if they later receive restitution from the offender. The bill also updates rules for how the fund is managed, including requiring annual reports to the legislature and setting eligibility criteria for compensation. This directly affects victims of securities fraud and the Securities Division of the Secretary of State's Office.
Bill status signed all 5 stages cleared
Introduction
Nov 2024
Committee Review
May 2025
Senate Passage
Jun 2025
Assembly Passage
May 2025
Signed into Law
Jun 2025
Introduced Nov 20, 2024 Signed Jun 6, 2025
Maddy AI version diff · 3 comparisons

What changed between versions

Reprint 2 → As Enrolled · 3 edits · Jun 6, 2025
MINOR
This bill update primarily involves formatting and structural changes to the legislative text rather than substantive policy shifts. The bill creates a fund to compensate victims of securities fraud who are owed restitution, but the specific rules for eligibility, funding sources, and administrative procedures remain consistent with the previous version.
Scope change
The scope of the bill's provisions remains unchanged; the text now includes a formal Legislative Counsel's Digest and updated session headers.
TECHNICAL

Added a Legislative Counsel's Digest to provide a plain-language summary of the bill's purpose and key sections.

Updated the session header to reflect the 83rd Session (2025) and changed the document title from 'Reprint 2' to 'As Enrolled'.

Reorganized the layout to include a formal title block and removed draft-specific markings like 'PREFILED' and 'Referred to Committee'.

Floor votes · Assembly May 31, 2025

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
13
Key actions
7
Committee
4
Jun 6, 2025
Signed into law
Approved by the Governor. Chapter 376.
executive
Jun 2, 2025
Upper · Passed
To enrollment.
upper
May 31, 2025
Upper · Passed
Read third time. Passed. Title approved. (Yeas: 36, Nays: 3, Excused: 3.) To Senate.
upper
May 30, 2025
Upper · Passed
From committee: Do pass. Placed on Second Reading File. Read second time.
upper
May 26, 2025
Upper · Passed
From committee: Amend, and do pass as amended. Placed on General File. Read third time. Amended. (Amend. No. 801.) Reprinting dispensed with. Read third time. Passed, as amended. Title approved. (Yeas: 13, Nays: 7, Excused: 1.) To printer.
upper
Apr 23, 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. 337.) Notice of eligibility for exemption. Taken from General File. Re-referred to Committee on Finance. Exemption effective. To printer.
upper
Nov 20, 2024
Introduced
Prefiled. Referred to Committee on Judiciary. To printer.
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.