NevadaNevada funds repairs and construction at state facilities
Nevada sets aside money and authorizes bonds for repairs, upgrades, and construction at state agencies, higher education, and legislative facilities.
What it does
Nevada sets aside money and authorizes bonds for listed projects, including state building repairs, prison upgrades, and new or improved facilities.
Nevada levies property taxes of 16.18 cents and 0.82 cents per $100 of assessed value in both fiscal years 2025–26 and 2026–27 to pay state bond obligations.
Nevada moves $11.76 million from an earlier Public Safety building planning allocation to deferred maintenance for the Nevada System of Higher Education.
Nevada cancels a listed project for a Southern Nevada Small Arms Range for the Army National Guard.
Argument forState agencies and legislative facilities could use the listed funding for repairs, upgrades, and new buildings.
Argument againstProperty owners could owe these state property taxes in both fiscal years, adding to the taxes due on taxable property.
More detail
Nevada sets aside money and authorizes bonds for listed capital projects. Projects include state agency buildings and facilities, higher education maintenance, and Legislative Department facilities. Some project spending is authorized only if outside funding is awarded or received and available. The State Board of Finance may issue bonds for projects when it considers the timing appropriate; some bonds require a finding that repayment money will be sufficient. Most sections took effect upon passage and approval. Many project balances cannot be committed after June 30, 2029, and any remainder must be returned by September 21, 2029.
Nevada levies property taxes to help pay state bond obligations. The levies apply statewide to taxable property. The levies apply to taxable property, excluding property exempt by law. The 0.82-cent levy is reserved for repayment of specified earlier bond debt. The two levies apply in fiscal years 2025–26 and 2026–27.
Nevada moves money from a Public Safety building planning project to higher education maintenance. The transfer is $11,762,261 from an earlier allocation for planning a Public Safety headquarters building in Carson City to deferred maintenance for the Nevada System of Higher Education. The money cannot be committed after June 30, 2029, and any remainder must be returned to the State General Fund by September 21, 2029. The transferred money cannot be committed after June 30, 2029, and any remainder must be returned by September 21, 2029.
Nevada cancels a listed Army National Guard small arms range project. The canceled project is the Southern Nevada Small Arms Range for the Nevada Army National Guard. The cancellation took effect upon passage and approval.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Jun 11Chapter 515.Latest
- Jun 10Approved by the Governor Joe Lombardo.Became Law
- Jun 6Enrolled and delivered to Governor.To Governor
- Jun 4From printer. To re-engrossment. Re-engrossed. Fourth reprint. To enrollment.Major
- Jun 3To printer.
- Jun 2From printer. To reengrossment. Reengrossed. Third reprint. To Senate. In Senate. Assembly Amendment No. 959 concurred in. Assembly Amendment No. 979 not concurred in. To Assembly. In Assembly. Assembly Amendment No. 979 receded from. To Senate. In Senate.
- Jun 1Taken from Chief Clerk's desk. Placed on General File. Read third time. Amended. (Amend. Nos. 959 and 979.) Dispensed with reprinting. Read third time. Passed, as amended. Title approved. (Yeas: 38, Nays: 4.) To printer.Passed House
- Vote recorded Assembly (2nd Reprint). Result: pass.Lower
- May 31Taken from General File. Placed on Chief Clerk's desk.
- May 30Taken from General File. Placed on General File for next legislative day.
- May 29From printer. To reengrossment. Reengrossed. Second reprint. Taken from General File. Placed on General File for next legislative day.
- May 28From printer. To engrossment. Engrossed. First reprint. Action of adoption of Amendment No. 852 rescinded. To printer.
- May 27Taken from Chief Clerk's desk. Placed on General File. Read third time. Amended. (Amend. No. 852.) To printer.Minor
- May 23Taken from General File. Placed on Chief Clerk's desk.
- May 22From committee: Do pass. Placed on Second Reading File. Read second time.Minor
- May 21Read third time. Passed. Title approved. (Yeas: 17, Nays: 4.) To Assembly. In Assembly. Read first time. Referred to Committee on Ways and Means. To committee.Passed Senate
- Vote recorded Senate (As Introduced). Result: pass.Upper
- May 20From printer. To committee. From committee: Do pass. Placed on Second Reading File. Read second time.Minor
- May 19Read first time. Referred to Committee on Finance. To printer.Introduced
Taxes & BudgetEducationPublic Safety