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NV AB538

Bill

Status

Failed

4/12/2025

Primary Sponsor

Revenue

Click for details

Origin

Assembly

83rd Legislature (2025)

AI Summary

  • Tax abatements, partial tax abatements, transferable tax credits, or any combination with a projected value of $500,000 or more to a single entity or project must be approved by the Board of Economic Development rather than the Executive Director alone

  • Office of Economic Development must notify county, city, and school district governing bodies, plus community college presidents, within 15 days of receiving applications for projects in counties with populations under 100,000 (all counties except Clark and Washoe)

  • Local entities receiving notification must appoint temporary voting members to the Board at least 15 days before the meeting to consider the application; these temporary members may only vote on that specific application and do not count toward quorum

  • Temporary voting members serve without Board compensation and may access all application information available to regular Board members

  • Effective date is July 1, 2025

Legislative Description

Revises provisions governing the Board of Economic Development. (BDR 18-419)

Last Action

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

4/12/2025

Committee Referrals

Revenue3/24/2025

Full Bill Text

No bill text available