NV AB364

Scholarship organizations may only use tax-credited donations to fund a pupil's grant if that same pupil received a tax-credited grant at the same school the previous year, effectively limiting new enrollments

Scholarship organizations must notify the Department of Taxation when they no longer have any eligible pupils and must repay unexpended tax-credited donations

Department of Taxation is prohibited from approving new tax credit applications from scholarship organizations that have provided or must provide the no-eligible-pupils notification

Scholarship organizations that violate the same-school continuity requirement must repay the full amount of the associated tax credit to the Department of Taxation

Effective date: July 1, 2025