# Nevada AB540: AN ACT relating to governmental administration; creating the Nevada Attainable Housing Account and setting forth the allowable uses of money in the Account; requiring an eligible entity to provide or secure certain matching funds as a condition of receiving money from the Account; requiring the Administrator of the Housing Division of the Department of Business and Industry to adopt annually an allocation plan for attainable housing; requiring the Division to submit a report to the Interim Finance Committee relating to the Account; creating and setting forth the duties of the Nevada Attainable Housing Council; renaming the position of Housing Advocate within the Division as the Housing Liaison; revising provisions relating to the statewide low-income housing database maintained by the Division; revising provisions relating to the Account for Affordable Housing; authorizing the Division to establish programs for the reporting of rental payments to credit reporting agencies; revising provisions governing the sale, lease or conveyance of certain real property by the governing body of a county or city; requiring the governing body of a county or city to adopt certain expedited processes relating to attainable housing; revising provisions relating to the tiers of affordable housing; revising provisions relating to certain reports submitted to the Division by certain local governments relating to affordable housing; requiring, under certain circumstances, the State Contractors' Board to issue licenses by endorsement or provisional licenses to certain persons to perform work on attainable housing projects in certain rural areas; requiring, under certain circumstances, the State Contractors' Board to waive certain fees relating to contractor's licenses in certain rural areas; requiring the issuance of certain bonds; making various other changes relating to housing; making an appropriation; and providing other matters properly relating thereto. Nevada AB540, AN ACT relating to governmental administration; creating the Nevada Attainable Housing Account and setting forth the allowable uses of money in the Account; requiring an eligible entity to provide or secure certain matching funds as a condition of receiving money from the Account; requiring the Administrator of the Housing Division of the Department of Business and Industry to adopt annually an allocation plan for attainable housing; requiring the Division to submit a report to the Interim Finance Committee relating to the Account; creating and setting forth the duties of the Nevada Attainable Housing Council; renaming the position of Housing Advocate within the Division as the Housing Liaison; revising provisions relating to the statewide low-income housing database maintained by the Division; revising provisions relating to the Account for Affordable Housing; authorizing the Division to establish programs for the reporting of rental payments to credit reporting agencies; revising provisions governing the sale, lease or conveyance of certain real property by the governing body of a county or city; requiring the governing body of a county or city to adopt certain expedited processes relating to attainable housing; revising provisions relating to the tiers of affordable housing; revising provisions relating to certain reports submitted to the Division by certain local governments relating to affordable housing; requiring, under certain circumstances, the State Contractors' Board to issue licenses by endorsement or provisional licenses to certain persons to perform work on attainable housing projects in certain rural areas; requiring, under certain circumstances, the State Contractors' Board to waive certain fees relating to contractor's licenses in certain rural areas; requiring the issuance of certain bonds; making various other changes relating to housing; making an appropriation; and providing other matters properly relating thereto., is a 83rd Regular Session (2025) House bill sponsored by Assembly Committee on Government Affairs; status signed, last action 2025-06-09 (Chapter 432.); PRIA reads it as touching household money (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/NV-AB540-83rd2025 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Nevada AB540 - State: Nevada - Session: 83rd Regular Session (2025) - Title: AN ACT relating to governmental administration; creating the Nevada Attainable Housing Account and setting forth the allowable uses of money in the Account; requiring an eligible entity to provide or secure certain matching funds as a condition of receiving money from the Account; requiring the Administrator of the Housing Division of the Department of Business and Industry to adopt annually an allocation plan for attainable housing; requiring the Division to submit a report to the Interim Finance Committee relating to the Account; creating and setting forth the duties of the Nevada Attainable Housing Council; renaming the position of Housing Advocate within the Division as the Housing Liaison; revising provisions relating to the statewide low-income housing database maintained by the Division; revising provisions relating to the Account for Affordable Housing; authorizing the Division to establish programs for the reporting of rental payments to credit reporting agencies; revising provisions governing the sale, lease or conveyance of certain real property by the governing body of a county or city; requiring the governing body of a county or city to adopt certain expedited processes relating to attainable housing; revising provisions relating to the tiers of affordable housing; revising provisions relating to certain reports submitted to the Division by certain local governments relating to affordable housing; requiring, under certain circumstances, the State Contractors' Board to issue licenses by endorsement or provisional licenses to certain persons to perform work on attainable housing projects in certain rural areas; requiring, under certain circumstances, the State Contractors' Board to waive certain fees relating to contractor's licenses in certain rural areas; requiring the issuance of certain bonds; making various other changes relating to housing; making an appropriation; and providing other matters properly relating thereto. - Status: signed - Chamber: House - Introduced: 2025-03-24 - Last action: 2025-06-09, Chapter 432. - Sponsor: Assembly Committee on Government Affairs - Cosponsors: 0 - Subjects: BDR 25-1036 - Touches household money: yes - Roll calls: 2 (57 yes, 6 no in all) - Economic provisions PRIA read: 14 ## Summary No summary available. ## Bill overview: provisions PRIA read - State housing fund launches with $133M: benefit, high. Nevada creates the Nevada Attainable Housing Account and funds it with $133 million beginning July 1, 2025. The first plan sets aside $83 million for loans, grants, or rebates to build housing, $25 million to help essential workers buy homes, and $25 million for local incentives to speed building.… - Direct help to renters and buyers: benefit, medium. The Attainable Housing Account can fund incentives and density bonuses, including near transit. It can provide direct help to rent or buy, like down‑payment aid and rental assistance. It can also fund supportive services that match needs in local HUD 5‑year plans. - New income tiers for housing help: benefit, medium. Nevada now uses five income tiers based on your county’s HUD median income. Tier 1 is at or below 30% of median, and Tier 5 is over 120% up to 150%. For each tier, housing costs (including utilities) must be no more than 30% of the tier’s income measure. Energy‑efficiency savings can lower the coun… - Better data and help for renters: benefit, medium. The Housing Division keeps a statewide low‑income housing database and posts a yearly report by December 31. Owners of accessible multifamily units that received federal or state money must report available accessible units at least quarterly. The Division’s Housing Liaison answers renter questions… - Faster local approvals for housing: benefit, medium. Cities and counties must create a faster approval process and incentives for attainable housing. Reviewing agencies must prioritize subdivision maps with attainable housing and explain any delay with an expected finish date. Local housing plans must adopt at least six tools, like fee reductions, lo… - More ways to use housing taxes: benefit, medium. Recorder‑tax money is split each quarter: $0.10 per $500 of value goes to the Account for Affordable Housing; in counties with 700,000+ people, $0.60 per $500 goes to the school capital fund; the rest goes to the local distribution account. The Affordable Housing Account can fund building, rehab, r… - Free rent payment credit reporting: benefit, low. The Housing Division can run free programs to report rent payments to credit bureaus. This applies to residential rentals and manufactured‑home lot rent. Joining is optional and cannot be required by a landlord. Landlords cannot punish tenants who do not join. The Division approves vendors, sets co… - Easier licensing for rural housing work: benefit, low. Out‑of‑state contractors with a clean, 4‑year license and a contract for rural attainable housing can get a free Nevada license by endorsement. The Board must decide within 60 days, and work is limited to rural attainable housing projects. Rules to run this and a provisional license path must be ad… - Lower licensing fees in rural shortages: benefit, low. When the Director declares a labor shortage in a rural area, the Contractors' Board waives many fees there. It waives application and license fees, and extra fees to add license classifications, while the declaration is active. From July 1, 2025 through December 31, 2029, it also waives fingerprint… - Provisional licenses for rural housing work: benefit, low. During a declared rural shortage, qualified contractors can get a free provisional Nevada license for attainable housing projects in that area. You must show a contract for the project, pass a Nevada exam or show Nevada know‑how, hold an unrestricted out‑of‑state license for at least 3 years, have… - Faster state housing plan adoption: benefit, low. The Housing Division Administrator adopts the annual attainable‑housing allocation plan without using the usual state rulemaking process. This speeds how the plan is set. The exemption applies only to this plan. - Public works rules for district-funded projects: cost, low. Starting July 1, 2025, construction paid for by special improvement or assessment districts must follow Nevada public works laws. The governing body, the applicant, the contractor, and all subcontractors must meet the same public bidding, contracting, and related rules as other public projects. - State loans for housing infrastructure: mixed, high. Nevada creates the Attainable Housing Infrastructure Account and can issue up to $50 million in bonds in 2025–2027. Money funds loans (not forgivable) for projects in special improvement or assessment districts, and at least 85% of costs must come from district assessments or the applicant. Project… - Rules to apply for housing funds: mixed, medium. Each year, the Housing Division adopts an allocation plan after a public hearing and 14 days of online posting. State and local agencies, nonprofits, housing authorities, tribes, HUD‑approved counseling agencies, and private partners may apply. Any award must be matched dollar‑for‑dollar with priva… ## Sponsors and cosponsors - Sponsor: Assembly Committee on Government Affairs ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-06-02 | Senate | Final Passage - Senate (3rd Reprint) | pass | 15 | 6 | | | 2025-05-28 | House | Final Passage - Assembly (2nd Reprint) | pass | 42 | 0 | | ## Actions (32) - 2025-06-09: Chapter 432. (legislature) - 2025-06-09: Approved by the Governor. (legislature) - 2025-06-05: Enrolled and delivered to Governor. (legislature) - 2025-06-02: Senate Amendment No. 990 concurred in. To enrollment. (House) - 2025-06-02: In Assembly. (House) - 2025-06-02: From printer. To re-engrossment. Re-engrossed. Third reprint. To Assembly. (Senate) - 2025-06-02: Read third time. Passed, as amended. Title approved, as amended. (Yeas: 15, Nays: 6.) To printer. (Senate) - 2025-06-02: Declared an emergency measure under the Constitution. (Senate) - 2025-06-02: Reprinting dispensed with. (Senate) - 2025-06-02: Read second time. Amended. (Amend. No. 990.) (Senate) - 2025-06-02: Placed on Second Reading File. (Senate) - 2025-06-02: From committee: Amend, and do pass as amended. (Senate) - 2025-05-29: Read first time. Referred to Committee on Government Affairs. To committee. (Senate) - 2025-05-29: In Senate. (Senate) - 2025-05-28: Read third time. Passed, as amended. Title approved, as amended. (Yeas: 42, Nays: None.) To Senate. (House) - 2025-05-28: From printer. To reengrossment. Reengrossed. Second reprint. (House) - 2025-05-27: Read third time. Amended. (Amend. No. 833.) To printer. (House) - 2025-05-27: Placed on General File. (House) - 2025-05-27: From committee: Amend, and do pass as amended. (House) - 2025-05-22: To committee. (House) - 2025-05-22: From printer. To engrossment. Engrossed. First reprint. (House) - 2025-05-20: To printer. (House) - 2025-05-20: Rereferred to Committee on Ways and Means. (House) - 2025-05-20: Taken from General File. (House) - 2025-05-20: Read second time. Amended. (Amend. No. 706.) (House) - 2025-05-20: Placed on Second Reading File. (House) - 2025-05-20: From committee: Amend, and do pass as amended. (House) - 2025-03-26: Notice of eligibility for exemption. (House) - 2025-03-26: From printer. To committee. (House) - 2025-03-25: Read first time. Referred to Committee on Commerce and Labor. To printer. (House) - 2025-03-25: Waiver granted effective: March 24, 2025. (House) - 2025-03-24: Waiver granted effective: March 20, 2025. (House) ## Bill text - As Enrolled: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB540_EN.pdf) - As Introduced: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB540.pdf) - Reprint 1: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB540_R1.pdf) - Reprint 2: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB540_R2.pdf) - Reprint 3: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB540_R3.pdf) ## Related bills - 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) - 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) - AB514: AN ACT relating to mental health; requiring Medicaid to provide coverage for rehabilitative residential mental health care; requiring the State Long-Term Care… (signed) ## Sources - [As Enrolled (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB540_EN.pdf) - [As Introduced (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB540.pdf) - [Reprint 1 (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB540_R1.pdf) - [Reprint 2 (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB540_R2.pdf) - [Reprint 3 (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB540_R3.pdf) ## Related - [AB499: AN ACT relating to elections; requiring, with certain exceptions, a registered…](https://policyrisk.com/state-bill/NV-AB499-83rd2025) - [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) - [AB514: AN ACT relating to mental health; requiring Medicaid to provide coverage for re…](https://policyrisk.com/state-bill/NV-AB514-83rd2025) - [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-AB540-83rd2025 (as of 2026-11-01).