NevadaSB46283rd Regular Session (2025)Senate

AN ACT relating to state financial administration; revising provisions relating to the preparation of the budget of the Executive Department of the State Government; revising provisions governing the Account to Stabilize the Operation of the State Government; revising provisions relating to the preparation of the statewide cost allocation plan; and providing other matters properly relating thereto.

Sponsored By: Senate Committee on Finance

Signed by Governor

BDR 31-1156

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Bill Overview

Analyzed Economic Effects

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

State budget files and cost plan centralized

Beginning July 1, 2025, the Chief of the Budget Division leads key budget prep and cost allocation work. By October 15 of each even-numbered year, the Chief must send computerized files with last year’s actual revenues and spending, current work programs, and each agency’s two‑year budget request. By December 31, the Chief must send each agency’s adjusted base budget by program and an estimate to keep State Government and public education at current service levels. The adjusted base budget uses first‑year spending and removes one‑time items or expired programs, adds caseload and annualized costs, and aligns grants and transfers. Each year, the Chief also prepares the statewide cost allocation plan that splits service‑agency overhead among agencies using federal rules.

Rainy day fund capped at 26%

Beginning July 1, 2025, the state’s rainy‑day account cannot hold more than 26% of last year’s General Fund appropriations for state agencies and schools. The Controller still makes yearly transfers into the account after the fiscal year closes and before the annual report. This cap limits how large the reserve can grow and shapes how much cash is set aside versus used for services.

Sponsors & Cosponsors

Sponsor

  • Senate Committee on Finance

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 62 • No: 0

House vote • 5/31/2025

Final Passage - Assembly (As Introduced)

Yes: 41 • No: 0

Senate vote • 5/21/2025

Final Passage - Senate (As Introduced)

Yes: 21 • No: 0

Actions Timeline

  1. Chapter 346.

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

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

    6/4/2025legislature
  4. To enrollment.

    6/2/2025Senate
  5. In Senate.

    6/1/2025Senate
  6. Read third time. Passed. Title approved. (Yeas: 41, Nays: None, Excused: 1.) To Senate.

    5/31/2025House
  7. Taken from General File. Placed on General File for next legislative day.

    5/30/2025House
  8. Taken from General File. Placed on General File for next legislative day.

    5/29/2025House
  9. Read second time.

    5/28/2025House
  10. Placed on Second Reading File.

    5/28/2025House
  11. From committee: Do pass.

    5/28/2025House
  12. Read first time. Referred to Committee on Ways and Means. To committee.

    5/22/2025House
  13. In Assembly.

    5/22/2025House
  14. Read third time. Passed. Title approved. (Yeas: 21, Nays: None.) To Assembly.

    5/21/2025Senate
  15. Read second time.

    5/20/2025Senate
  16. Placed on Second Reading File.

    5/19/2025Senate
  17. From committee: Do pass.

    5/19/2025Senate
  18. From printer. To committee.

    5/6/2025Senate
  19. Read first time. Referred to Committee on Finance. To printer.

    5/5/2025Senate

Bill Text

  • As Enrolled

  • As Introduced

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