NevadaAB30183rd Regular Session (2025)HouseWALLET

AN ACT relating to community development; requiring certain records to be maintained by the board of trustees of certain general improvement districts; increasing the compensation of the board of trustees of certain general improvement districts; requiring a general improvement district created for acquiring television maintenance facilities to report certain information annually to the board of county commissioners of the county in which the district is located; exempting certain general improvement districts from an annual publication of certain notices of budget adoption and filing; revising provisions governing the procedure for applying for transferable tax credits for affordable housing and the transfer of such tax credits; and providing other matters properly relating thereto.

Sponsored By: Heather Goulding (Democratic)

Signed by Governor

BDR 25-1047

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 0 costs, 2 mixed.

Housing credits: transfers and deadlines

Starting July 1, 2025, the Housing Division sets how projects score for credits and defines a “subsidiary” as 50% or more owned. Starting October 1, 2025, sponsors must submit the final credit application at least 15 days before closing. Within 270 days after a credit reservation notice, sponsors must show they hold fee simple title to the site or have a long-term ground lease in the sponsor’s name. Once credits are issued, sponsors can transfer them to members, partners, or other entities, and recipients can transfer them again to their subsidiaries or affiliates. Each transfer must be reported to the Division, which shares issued and transferred credit data with state fiscal offices.

New oversight rules for local districts

Beginning October 1, 2025, any district set up to acquire television maintenance facilities must send a yearly report to county commissioners. The report must show the budget and spending, equipment status, license status, and say if the district should continue. Also starting October 1, 2025, small general improvement districts with under $300,000 in yearly spending that get Department of Taxation approval are excused from the usual budget‑publication notices. They still must publish their budget, financial statements, and audits as required.

Sponsors & Cosponsors

Sponsor

  • Heather Goulding

    Democratic • House

Cosponsors

  • Selena La Rue Hatch

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 59 • No: 4

Senate vote • 5/21/2025

Final Passage - Senate (2nd Reprint)

Yes: 17 • No: 4

House vote • 4/17/2025

Final Passage - Assembly (1st Reprint)

Yes: 42 • No: 0

Actions Timeline

  1. Chapter 467.

    6/11/2025legislature
  2. Approved by the Governor.

    6/10/2025legislature
  3. Enrolled and delivered to Governor.

    6/6/2025legislature
  4. To enrollment.

    6/3/2025House
  5. From printer. To reengrossment. Reengrossed. Third reprint.

    6/3/2025House
  6. To printer.

    6/3/2025House
  7. Conference report adopted by Senate.

    6/2/2025House
  8. Conference report adopted by Assembly.

    6/2/2025House
  9. From committee: Concur in Assembly Amendment No. 696 and further amend. (Conference Amend. No. CA3.)

    6/2/2025House
  10. Conference Committee appointed by Assembly. To committee.

    6/1/2025House
  11. In Assembly.

    6/1/2025House
  12. Senate Amendment No. 696 not receded from. Conference requested. Conference Committee appointed by Senate. To Assembly.

    6/1/2025Senate
  13. In Senate.

    5/28/2025Senate
  14. Senate Amendment No. 696 not concurred in. To Senate.

    5/27/2025House
  15. In Assembly.

    5/22/2025House
  16. Read third time. Passed, as amended. Title approved. (Yeas: 17, Nays: 4.) To Assembly.

    5/21/2025Senate
  17. Taken from General File. Placed on General File for next legislative day.

    5/20/2025Senate
  18. From printer. To re-engrossment. Re-engrossed. Second reprint.

    5/20/2025Senate
  19. Read second time. Amended. (Amend. No. 696.) To printer.

    5/19/2025Senate
  20. Placed on Second Reading File.

    5/19/2025Senate
  21. From committee: Amend, and do pass as amended.

    5/19/2025Senate
  22. Read first time. Referred to Committee on Government Affairs. To committee.

    4/23/2025Senate
  23. In Senate.

    4/18/2025Senate
  24. Read third time. Passed, as amended. Title approved. (Yeas: 42, Nays: None.) To Senate.

    4/17/2025House
  25. Taken from General File. Placed on General File for next legislative day.

    4/16/2025House

Bill Text

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