NevadaSB2883rd Regular Session (2025)Senate

AN ACT relating to municipalities; establishing requirements for a tax increment area for certain projects relating to transportation or affordable housing; and providing other matters properly relating thereto.

Sponsored By: Senate Committee on Government Affairs

Signed by Governor

BDR 22-411

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

City tax‑increment funds for housing and transit

Beginning July 1, 2025, cities and counties can use tax increment areas to fund affordable housing, multi‑family housing, transit‑oriented development, and major transit projects. The tax increment area must sit in a transit‑oriented or master‑planned zone and be within one‑half mile of a planned or built transit station, terminal, or parking facility. Local boards must show the area supports transit use, infill and redevelopment, multi‑family or affordable housing, and better access to jobs and schools. If they act by ordinance, they can add zoning or other rules and must file an exhibit proving the area meets these tests. This targets public investment to homes and transit near stations.

Standard definitions for housing and transit projects

Beginning July 1, 2025, the law sets clear meanings for affordable housing, affordable housing projects, and multi‑family projects (five or more homes). It also defines fixed guideway, high‑capacity transit, transit‑oriented development, and transportation projects. Cities and counties must use these standard meanings when they set up tax‑increment areas and projects. This makes it clearer which housing and transit projects qualify.

Sponsors & Cosponsors

Sponsor

  • Senate Committee on Government Affairs

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 53 • No: 10

House vote • 5/19/2025

Final Passage - Assembly (1st Reprint)

Yes: 36 • No: 6

Senate vote • 4/17/2025

Final Passage - Senate (1st Reprint)

Yes: 17 • No: 4

Actions Timeline

  1. Approved by the Governor. Chapter 54.

    5/28/2025legislature
  2. Enrolled and delivered to Governor.

    5/23/2025legislature
  3. In Senate. To enrollment.

    5/19/2025Senate
  4. Read third time. Passed. Title approved. (Yeas: 36, Nays: 6.) To Senate.

    5/19/2025House
  5. Taken from General File. Placed on General File for next legislative day.

    5/16/2025House
  6. Read second time.

    5/15/2025House
  7. From committee: Do pass.

    5/14/2025House
  8. Read first time. Referred to Committee on Government Affairs. To committee.

    4/18/2025House
  9. In Assembly.

    4/18/2025House
  10. Read third time. Passed, as amended. Title approved, as amended. (Yeas: 17, Nays: 4.) To Assembly.

    4/17/2025Senate
  11. From printer. To engrossment. Engrossed. First reprint.

    4/17/2025Senate
  12. Read second time. Amended. (Amend. No. 493.) To printer.

    4/16/2025Senate
  13. Placed on Second Reading File.

    4/16/2025Senate
  14. From committee: Amend, and do pass as amended.

    4/16/2025Senate
  15. Read first time. To committee.

    2/3/2025Senate
  16. From printer.

    11/14/2024Senate
  17. Prefiled. Referred to Committee on Government Affairs. To printer.

    11/13/2024Senate

Bill Text

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