NevadaAB37783rd Regular Session (2025)HouseWALLET

AN ACT relating to real property; requiring the Nevada Tax Commission to include in the form prescribed for the declaration of value of real property a section in which a property owner is authorized to claim certain partial abatements of property taxes; prescribing the manner in which a property owner is required to claim such partial abatements; and providing other matters properly relating thereto.

Sponsored By: Bert K. Gurr (Republican), Danielle Gallant (Republican), Ken Gray (Republican), Reuben D'Silva (Democratic), Carrie Ann Buck (Republican)

Signed by Governor

BDR 32-923

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 3 benefits, 0 costs, 0 mixed.

Tax break for primary homes

Beginning October 1, 2025, you can claim a partial property tax abatement for a single-family home that is your primary residence in Nevada. The law generally caps your annual property tax increase to about 3% over last year, not counting new improvements or changes in use. You may claim on a county assessor form or on the declaration of value form when you record a deed. You stay eligible if part of the home is used for a home business or if title is held in a trust. The property must have had its own assessed value in the prior fiscal year.

Tax break for affordable rentals

Beginning October 1, 2025, owners of residential rentals can claim a partial property tax abatement when rent charged to each tenant is at or below the county fair market rent set by HUD. The abatement generally caps the tax increase to about 3% over last year, excluding increases from improvements or changes in use. Hotels, motels, and other transient lodging are excluded. The property must have had a separate assessed value in the prior fiscal year. You may claim under Nevada Tax Commission rules or on the declaration of value form when recording a deed.

Deed form adds abatement claim

The Nevada Tax Commission must add a section to the declaration of value form so owners can claim the owner-occupied or affordable-rental partial property tax abatements. County recorders cannot charge recording fees for this declaration. This change takes effect October 1, 2025.

Sponsors & Cosponsors

Sponsors

  • Bert K. Gurr

    Republican • House

  • Danielle Gallant

    Republican • House

  • Ken Gray

    Republican • House

  • Reuben D'Silva

    Democratic • House

  • Carrie Ann Buck

    Republican • Senate

Cosponsors

  • Brian Hibbetts

    Republican • House

  • Gregory S. Koenig

    Republican • House

  • Lisa K. Cole

    Republican • House

  • PK O’Neill

    Republican • House

  • Rich DeLong

    Republican • House

  • Fabian Doñate

    Democratic • Senate

  • Jeff Stone

    Republican • Senate

  • John Ellison

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 63 • No: 0

Senate vote • 5/23/2025

Final Passage - Senate (1st Reprint)

Yes: 21 • No: 0

House vote • 4/22/2025

Final Passage - Assembly (1st Reprint)

Yes: 42 • No: 0

Actions Timeline

  1. Chapter 175.

    5/31/2025legislature
  2. Approved by the Governor.

    5/31/2025legislature
  3. Enrolled and delivered to Governor.

    5/27/2025legislature
  4. In Assembly. To enrollment.

    5/26/2025House
  5. Read third time. Passed. Title approved. (Yeas: 21, Nays: None.) To Assembly.

    5/23/2025Senate
  6. Taken from General File. Placed on General File for next legislative day.

    5/22/2025Senate
  7. Taken from General File. Placed on General File for next legislative day.

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

    5/20/2025Senate
  9. Read second time.

    5/19/2025Senate
  10. From committee: Do pass.

    5/16/2025Senate
  11. Read first time. Referred to Committee on Revenue and Economic Development. To committee.

    4/29/2025Senate
  12. In Senate.

    4/28/2025Senate
  13. To Senate.

    4/25/2025House
  14. From printer. To engrossment. Engrossed. First reprint.

    4/25/2025House
  15. To printer.

    4/22/2025House
  16. Read third time. Passed, as amended. Title approved, as amended. (Yeas: 42, Nays: None.)

    4/22/2025House
  17. Dispensed with reprinting.

    4/21/2025House
  18. Read second time. Amended. (Amend. No. 264.)

    4/21/2025House
  19. Placed on Second Reading File.

    4/21/2025House
  20. From committee: Amend, and do pass as amended.

    4/21/2025House
  21. From printer. To committee.

    3/11/2025House
  22. Read first time. Referred to Committee on Revenue. To printer.

    3/10/2025House

Bill Text

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