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NV SB108
Bill
AI Summary
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Increases the threshold for discretionary requests from the Contingency Account from $250,000 to $500,000 when the Channel Clearance, Maintenance, Restoration, Surveying and Monumenting Program Account balance falls below that amount
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Clarifies that only uncommitted funds (money not already committed for expenditure) count toward calculating the Account balance that triggers discretionary funding requests
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Maintains the existing requirement that the State Engineer must request Contingency Account funds when the Program Account has insufficient funds to provide a grant to a city, county, political subdivision, or tribal government
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Effective date: July 1, 2025
Legislative Description
Revises provisions governing the Account for the Channel Clearance, Maintenance, Restoration, Surveying and Monumenting Program. (BDR 48-88)
Last Action
Chapter 291. (Effective July 1, 2025)
6/6/2025