NV AB508

Economic Forum must now provide separate revenue estimates for general unrestricted uses and for amounts to be deposited to the State Education Fund for each biennium

Cannabis wholesale excise tax revenues will no longer fund Cannabis Compliance Board operations; the Board will instead receive State General Fund appropriations of $15,969,281 (FY 2025-26) and $16,423,385 (FY 2026-27), while local governments retain their $5,000,000 annual allocation

State Education Fund budget calculations will be based solely on projected revenue growth rates, removing the alternative calculation based on inflation plus public school enrollment growth

Governor's recommendations for statewide base per pupil funding must increase by the rate of inflation only, no longer factoring in projected enrollment growth

School districts, charter schools, and university schools for profoundly gifted pupils must repay any overpayments to the State Education Fund by September 1 instead of September 25