# Nevada SB462: 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.

Nevada SB462, 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., is a 83rd Regular Session (2025) Senate bill sponsored by Senate Committee on Finance; status signed, last action 2025-06-06 (Chapter 346.) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/NV-SB462-83rd2025
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Nevada SB462
- State: Nevada
- Session: 83rd Regular Session (2025)
- Title: 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.
- Status: signed
- Chamber: Senate
- Introduced: 2025-05-05
- Last action: 2025-06-06, Chapter 346.
- Sponsor: Senate Committee on Finance
- Cosponsors: 0
- Subjects: BDR 31-1156
- Touches household money: no
- Roll calls: 2 (62 yes, 0 no in all)
- Economic provisions PRIA read: 2

## Summary

No summary available.

## Bill overview: provisions PRIA read

- State budget files and cost plan centralized: benefit, low. 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.…
- Rainy day fund capped at 26%: mixed, low. 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 larg…

## Sponsors and cosponsors

- Sponsor: Senate Committee on Finance

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-05-31 | House | Final Passage - Assembly (As Introduced) | pass | 41 | 0 |   |
| 2025-05-21 | Senate | Final Passage - Senate (As Introduced) | pass | 21 | 0 |   |

## Actions (19)

- 2025-06-06: Chapter 346. (legislature)
- 2025-06-05: Approved by the Governor. (legislature)
- 2025-06-04: Enrolled and delivered to Governor. (legislature)
- 2025-06-02: To enrollment. (Senate)
- 2025-06-01: In Senate. (Senate)
- 2025-05-31: Read third time. Passed. Title approved. (Yeas: 41, Nays: None, Excused: 1.) To Senate. (House)
- 2025-05-30: Taken from General File. Placed on General File for next legislative day. (House)
- 2025-05-29: Taken from General File. Placed on General File for next legislative day. (House)
- 2025-05-28: Read second time. (House)
- 2025-05-28: Placed on Second Reading File. (House)
- 2025-05-28: From committee: Do pass. (House)
- 2025-05-22: Read first time. Referred to Committee on Ways and Means. To committee. (House)
- 2025-05-22: In Assembly. (House)
- 2025-05-21: Read third time. Passed. Title approved. (Yeas: 21, Nays: None.) To Assembly. (Senate)
- 2025-05-20: Read second time. (Senate)
- 2025-05-19: Placed on Second Reading File. (Senate)
- 2025-05-19: From committee: Do pass. (Senate)
- 2025-05-06: From printer. To committee. (Senate)
- 2025-05-05: Read first time. Referred to Committee on Finance. To printer. (Senate)

## Bill text

- As Enrolled: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB462_EN.pdf)
- As Introduced: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB462.pdf)

## Related bills

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- 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)
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## Sources
- [As Enrolled (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB462_EN.pdf)
- [As Introduced (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB462.pdf)

## Related
- [SB217: AN ACT relating to health care; prohibiting a governmental entity from substant…](https://policyrisk.com/state-bill/NV-SB217-83rd2025)
- [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)
- [SB460: AN ACT relating to education; revising provisions governing plans to improve ac…](https://policyrisk.com/state-bill/NV-SB460-83rd2025)
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Source: PRIA, https://policyrisk.com/state-bill/NV-SB462-83rd2025 (as of 2026-11-01).