# Nevada AB403: AN ACT relating to taxes on retail sales; providing for the submission to the voters of the question of whether the Sales and Use Tax Act of 1955 should be amended to exempt from the taxes the amount of any allowance against the selling price given by a retailer for the value of a used portable electronic taken in trade on the purchase of another portable electronic under certain circumstances; providing for the same exemption from certain analogous taxes if the voters approve this amendment to the Sales and Use Tax Act of 1955; and providing other matters properly relating thereto. Nevada AB403, AN ACT relating to taxes on retail sales; providing for the submission to the voters of the question of whether the Sales and Use Tax Act of 1955 should be amended to exempt from the taxes the amount of any allowance against the selling price given by a retailer for the value of a used portable electronic taken in trade on the purchase of another portable electronic under certain circumstances; providing for the same exemption from certain analogous taxes if the voters approve this amendment to the Sales and Use Tax Act of 1955; and providing other matters properly relating thereto., is a 83rd Regular Session (2025) House bill sponsored by Selena Torres-Fossett (Democratic); status failed, last action 2025-06-03 ((No further action taken.)); PRIA reads it as touching household money (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/NV-AB403-83rd2025 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Nevada AB403 - State: Nevada - Session: 83rd Regular Session (2025) - Title: AN ACT relating to taxes on retail sales; providing for the submission to the voters of the question of whether the Sales and Use Tax Act of 1955 should be amended to exempt from the taxes the amount of any allowance against the selling price given by a retailer for the value of a used portable electronic taken in trade on the purchase of another portable electronic under certain circumstances; providing for the same exemption from certain analogous taxes if the voters approve this amendment to the Sales and Use Tax Act of 1955; and providing other matters properly relating thereto. - Status: failed - Chamber: House - Introduced: 2025-03-11 - Last action: 2025-06-03, (No further action taken.) - Sponsor: Selena Torres-Fossett (Democratic) - Cosponsors: 0 - Subjects: BDR 32-565 - Touches household money: yes - Economic provisions PRIA read: 1 ## Summary No summary available. ## Bill overview: provisions PRIA read - Nevada voters decide electronics trade-in tax break: benefit, low. The law puts an electronics trade-in tax break before Nevada voters on November 3, 2026. With voter approval, qualifying trade-in credits are exempt from state and applicable local sales and use taxes. The credit must be known and given in full at purchase, and listed separately on the receipt. Tra… ## Sponsors and cosponsors - Sponsor: Selena Torres-Fossett (Democratic), House ## Actions (12) - 2025-06-03: (No further action taken.) (House) - 2025-04-24: To committee. (House) - 2025-04-24: From printer. To engrossment. Engrossed. First reprint. (House) - 2025-04-21: To printer. (House) - 2025-04-21: Rereferred to Committee on Ways and Means. Exemption effective. (House) - 2025-04-21: Taken from General File. (House) - 2025-04-21: Read second time. Amended. (Amend. No. 368.) (House) - 2025-04-21: Placed on Second Reading File. (House) - 2025-04-21: From committee: Amend, and do pass as amended. (House) - 2025-03-17: Notice of eligibility for exemption. (House) - 2025-03-12: From printer. To committee. (House) - 2025-03-11: Read first time. Referred to Committee on Revenue. To printer. (House) ## Bill text - As Introduced: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB403.pdf) - Reprint 1: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB403_R1.pdf) ## Related bills - AB397: AN ACT relating to higher education; revising provisions governing certain waivers of fees provided by the Board of Regents of the University of Nevada; revisi… (vetoed) - AB259: AN ACT relating to health care; prohibiting certain actions related to pricing and reimbursement for certain drugs; creating a cause of action for violating su… (vetoed) - AB188: AN ACT relating to the Public Employees' Benefits Program; requiring the Board of the Public Employees' Benefits Program to report certain information relating… (vetoed) - SB217: AN ACT relating to health care; prohibiting a governmental entity from substantially burdening certain activity relating to assisted reproduction under certain… (vetoed) - AB499: AN ACT relating to elections; requiring, with certain exceptions, a registered voter show photo identification to vote in person; requiring the Department of M… (vetoed) - AB409: AN ACT relating to motor vehicles; requiring the Department of Motor Vehicles, under certain circumstances, to issue a special license plate honoring certain v… (signed) ## Sources - [As Introduced (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB403.pdf) - [Reprint 1 (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB403_R1.pdf) ## Related - [AB397: AN ACT relating to higher education; revising provisions governing certain waiv…](https://policyrisk.com/state-bill/NV-AB397-83rd2025) - [AB259: AN ACT relating to health care; prohibiting certain actions related to pricing…](https://policyrisk.com/state-bill/NV-AB259-83rd2025) - [AB188: AN ACT relating to the Public Employees' Benefits Program; requiring the Board…](https://policyrisk.com/state-bill/NV-AB188-83rd2025) - [SB217: AN ACT relating to health care; prohibiting a governmental entity from substant…](https://policyrisk.com/state-bill/NV-SB217-83rd2025) - [AB499: AN ACT relating to elections; requiring, with certain exceptions, a registered…](https://policyrisk.com/state-bill/NV-AB499-83rd2025) - [AB409: AN ACT relating to motor vehicles; requiring the Department of Motor Vehicles,…](https://policyrisk.com/state-bill/NV-AB409-83rd2025) - [Nevada bills](https://policyrisk.com/states/nevada/bills) - [Nevada state hub](https://policyrisk.com/states/nevada) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/NV-AB403-83rd2025 (as of 2026-11-01).