All Roll Calls
Yes: 62 • No: 0
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.
Rainy Day fund deposits, cap, withdrawals
Beginning July 1, 2025, the state makes set deposits to the Rainy Day fund each year: 40% of the unrestricted year‑end balance after keeping 7% of prior‑year appropriations, plus 1% of the year’s anticipated revenue. The fund cannot exceed 26% of the prior year’s General Fund appropriations. At the end of each quarter, up to 10% of last quarter’s Rainy Day balance, capped at $500,000, is transferred from the General Fund to the Disaster Relief Account. If state revenues are 5% or more below anticipated biennial levels, or a fiscal emergency is declared, money can be moved to the General Fund after review by the State Board of Examiners and action by the Interim Finance Committee. The Legislature may also allocate Rainy Day money directly for other purposes.
Earlier, clearer state budget process
Beginning July 1, 2025, agencies and the Budget Division follow earlier, clearer budget steps. By October 15 in even‑numbered years, lawmakers get computerized files with last year’s actuals, current‑year work programs, and each agency’s two‑year request with adjusted base, continuation costs, and any changes. By December 31, they get each agency’s adjusted base by program and statewide cost ranges to keep government and public education at current service levels. The law defines an “adjusted base budget,” removing one‑time items and annualizing ongoing costs. The Chief must use Economic Forum revenue projections, prepare the final two‑year budget for the Governor, submit it to the Legislature at least 14 days before session with a separate analysis of new programs and revenues, and by day 19 the Governor must submit needed bill recommendations and may appear before appropriation committees. The Chief also prepares the statewide cost allocation plan each year under federal rules.
Sponsors & Cosponsors
Sponsor
Senate Committee on Finance
Affiliation unavailable
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
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
Chapter 346.
6/6/2025legislatureApproved by the Governor.
6/5/2025legislatureEnrolled and delivered to Governor.
6/4/2025legislatureTo enrollment.
6/2/2025SenateIn Senate.
6/1/2025SenateRead third time. Passed. Title approved. (Yeas: 41, Nays: None, Excused: 1.) To Senate.
5/31/2025HouseTaken from General File. Placed on General File for next legislative day.
5/30/2025HouseTaken from General File. Placed on General File for next legislative day.
5/29/2025HouseRead second time.
5/28/2025HousePlaced on Second Reading File.
5/28/2025HouseFrom committee: Do pass.
5/28/2025HouseRead first time. Referred to Committee on Ways and Means. To committee.
5/22/2025HouseIn Assembly.
5/22/2025HouseRead third time. Passed. Title approved. (Yeas: 21, Nays: None.) To Assembly.
5/21/2025SenateRead second time.
5/20/2025SenatePlaced on Second Reading File.
5/19/2025SenateFrom committee: Do pass.
5/19/2025SenateFrom printer. To committee.
5/6/2025SenateRead first time. Referred to Committee on Finance. To printer.
5/5/2025Senate
Bill Text
As Enrolled
As Introduced
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