NevadaAB58283rd Regular Session (2025)House

AN ACT relating to state financial administration; revising provisions relating to the Governor Guinn Millennium Scholarship Program; and providing other matters properly relating thereto.

Sponsored By: Assembly Committee on Ways and Means

Signed by Governor

BDR 31-1226

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Higher funding cap for Millennium Scholarships

Beginning July 1, 2025, the State Treasurer can spend more from the scholarship endowment each year. The cap rises from 3% to 13% of the state’s expected yearly tobacco settlement money that goes into the Millennium Scholarship Trust Fund. The money must come from the Endowment Account and be used for the Governor Guinn Millennium Scholarship Program, including administration. This increases funds available to support eligible Nevada students.

Sponsors & Cosponsors

Sponsor

  • Assembly Committee on Ways and Means

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 62 • No: 0

Senate vote • 5/29/2025

Final Passage - Senate (As Introduced)

Yes: 20 • No: 0

House vote • 5/27/2025

Final Passage - Assembly (As Introduced)

Yes: 42 • No: 0

Actions Timeline

  1. Chapter 277.

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

    6/5/2025legislature
  3. Enrolled and delivered to Governor.

    6/1/2025legislature
  4. In Assembly. To enrollment.

    5/30/2025House
  5. Read third time. Passed. Title approved. (Yeas: 20, Nays: None, Excused: 1.) To Assembly.

    5/29/2025Senate
  6. Read second time.

    5/28/2025Senate
  7. Placed on Second Reading File.

    5/28/2025Senate
  8. From committee: Do pass.

    5/28/2025Senate
  9. Read first time. Referred to Committee on Government Affairs. To committee.

    5/27/2025Senate
  10. In Senate.

    5/27/2025Senate
  11. Read third time. Passed. Title approved. (Yeas: 42, Nays: None.) To Senate.

    5/27/2025House
  12. Read second time.

    5/26/2025House
  13. Placed on Second Reading File.

    5/26/2025House
  14. From committee: Do pass.

    5/26/2025House
  15. From printer. To committee.

    5/15/2025House
  16. Read first time. Referred to Committee on Ways and Means. To printer.

    5/14/2025House

Bill Text

  • As Enrolled

  • As Introduced

Related Bills

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