NevadaAB46283rd Regular Session (2025)HouseWALLET

AN ACT relating to economic development; authorizing the creation of an industrial park in a contiguous area that meets certain requirements; authorizing the creation of a tax increment area and the issuance of bonds and other securities for certain projects within an inland port or industrial park; requiring the designation of a teacher or other licensed educational personnel to coordinate career pathways programs at each high school which offers such programs; creating the Career Pathways Oversight Committee; requiring the appointment of a Career Pathways Oversight Coordinator; revising provisions governing the Teacher Academy College Pathway Program; revising provisions governing the program for reimbursement of tuition and fees paid by teachers who completed the Program; and providing other matters properly relating thereto.

Sponsored By: Shea M. Backus (Democratic)

Signed by Governor

BDR 22-823

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Bill Overview

Analyzed Economic Effects

4 provisions identified: 0 benefits, 0 costs, 4 mixed.

Prevailing wages on port and park projects

Beginning July 1, 2025, construction tied to these financed projects must pay Nevada prevailing wages. Contractors and subcontractors must follow public‑works wage rules in their bids and contracts. Workers get required wage rates. Developers and builders face higher labor costs when planning project budgets.

How ports and industrial parks are created

Beginning July 1, 2025, the law covers industrial parks as well as inland ports and defines what counts as an industrial park. The Governor’s Office of Economic Development can approve or start a project if the Board of Economic Development agrees. Cities or counties must hold at least two public hearings with 7 days’ notice and a map, then pass an ordinance that sets the boundaries, main office, name, and board size. If there are multiple members, a member that leaves must give 6 months’ notice; if an airport is inside the area, one director is appointed by the airport’s governing body (rules vary above or below 700,000 population). The board needs a two‑thirds vote to impose any fee. The runway minimum to count a municipal airport as qualifying infrastructure is now 5,001 feet. New reporting and added local expenses tied to this Act are exempt from certain state limits and reporting rules.

Tax-increment financing and bonds for ports

Beginning July 1, 2025, cities and counties that create an inland port or industrial park can set up a tax increment area. Property taxes above a set base go into a special account to pay for project debt, and the area ends no later than 30 years. Voter‑approved bond rates still go to the issuing agency’s debt fund, and school taxes still go to the State Education Fund. These tax‑increment areas are not limited by the statewide ad valorem revenue cap. Tax‑increment money can fund drainage, flood control, roads, sewers, water, rail, airport, and utility projects. Local governments can issue bonds and other securities, including special‑obligation bonds backed only by project revenues, or general‑obligation bonds that follow normal debt limits.

Rules for roads, rail, and airports

Beginning July 1, 2025, an authority can use and change local streets and public ways, but only with the owning government’s consent and at the authority’s expense. It cannot change a state highway without the Transportation Department’s consent or a railroad without the railroad’s consent. If a municipal airport is inside the area, the authority cannot alter the airport or control airline or commercial air operations. The authority may market and promote the port or park to attract users.

Sponsors & Cosponsors

Sponsor

  • Shea M. Backus

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 63 • No: 0

Senate vote • 6/2/2025

Final Passage - Senate (3rd Reprint)

Yes: 21 • No: 0

House vote • 5/29/2025

Final Passage - Assembly (2nd Reprint)

Yes: 42 • No: 0

Actions Timeline

  1. Chapter 428.

    6/9/2025legislature
  2. Approved by the Governor.

    6/9/2025legislature
  3. Enrolled and delivered to Governor.

    6/5/2025legislature
  4. Senate Amendment No. 962 concurred in. To enrollment.

    6/2/2025House
  5. In Assembly.

    6/2/2025House
  6. Read third time. Passed, as amended. Title approved. (Yeas: 21, Nays: None.) To Assembly.

    6/2/2025Senate
  7. From printer. To re-engrossment. Re-engrossed. Third reprint.

    6/1/2025Senate
  8. Read second time. Amended. (Amend. No. 962.) To printer.

    6/1/2025Senate
  9. Placed on Second Reading File.

    6/1/2025Senate
  10. From committee: Amend, and do pass as amended.

    6/1/2025Senate
  11. Read first time. Referred to Committee on Government Affairs. To committee.

    5/29/2025Senate
  12. In Senate.

    5/29/2025Senate
  13. Read third time. Passed, as amended. Title approved, as amended. (Yeas: 42, Nays: None.) To Senate.

    5/29/2025House
  14. From printer. To reengrossment. Reengrossed. Second reprint.

    5/29/2025House
  15. Read third time. Amended. (Amend. No. 835.) To printer.

    5/28/2025House
  16. Placed on General File.

    5/28/2025House
  17. From committee: Amend, and do pass as amended.

    5/28/2025House
  18. To committee.

    4/24/2025House
  19. From printer. To engrossment. Engrossed. First reprint.

    4/24/2025House
  20. To printer.

    4/21/2025House
  21. Rereferred to Committee on Ways and Means. Exemption effective.

    4/21/2025House
  22. Taken from General File.

    4/21/2025House
  23. Read second time. Amended. (Amend. No. 265.)

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

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

    4/21/2025House

Bill Text

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