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NV SB480

Bill

Status

Passed

6/9/2025

Primary Sponsor

Finance

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Origin

Senate

83rd Legislature (2025)

AI Summary

  • Appropriates $800,352 from the State General Fund as a loan to the Office of the Chief Information Officer for replacing uninterruptible power supply equipment and related licensing and maintenance expenses ($790,902 in FY 2025-2026; $9,450 in FY 2026-2027)

  • Loan repayment begins July 1, 2027, with the Chief Information Officer using intergovernmental transfer revenues to repay in four annual installments of 25% each

  • Full loan repayment required by the end of Fiscal Year 2030-2031

  • Unspent funds must revert to the State General Fund by September 18, 2026, and September 17, 2027, respectively

  • Effective date: July 1, 2025

Legislative Description

Makes an appropriation to the Office of Finance in the Office of the Governor for a loan to the Office of the Chief Information Officer within the Office of the Governor for the replacement of uninterruptible power supply equipment and related expenses. (BDR S-1177)

Last Action

Approved by the Governor. Chapter 409. (Effective July 1, 2025)

6/9/2025

Committee Referrals

Ways and Means5/27/2025
Finance5/15/2025

Full Bill Text

No bill text available