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NV AB2

Bill

Official Source

Status

Failed

4/12/2025

Primary Sponsor

Government Affairs

Click for details

Origin

Assembly

83rd Legislature (2025)

AI Summary

  • Establishes distribution requirements for rebates received from state agency procurement card purchases, after deducting administrative costs
  • 50% of rebates must be deposited into the Rainy Day Fund (Account to Stabilize the Operation of State Government)
  • 50% of rebates must be returned to the agency that made the purchase, to be used at the discretion of the agency head
  • Prohibits rebate funds from being used to replace or supplant existing funding from other sources
  • Effective date: July 1, 2025

Legislative Description

Revises provisions relating to state purchasing. (BDR 27-414)

Last Action

(Pursuant to Joint Standing Rule No. 14.3.1, no further action allowed.)

4/12/2025

Committee Referrals

Government Affairs9/27/2024

Full Bill Text

No bill text available