# Nevada SB69: AN ACT relating to taxation; requiring an applicant for the issuance of transferable tax credits and the partial abatement of certain taxes for a project that is located in an economic diversification district to enter into an agreement with certain local governments to defray the cost of services provided by the local governments under certain circumstances; revising provisions governing applications for the issuance of transferable tax credits and the partial abatement of certain taxes for a project that satisfies certain capital investment and other requirements; authorizing a fire protection district to abate certain fees; and providing other matters properly relating thereto. Nevada SB69, AN ACT relating to taxation; requiring an applicant for the issuance of transferable tax credits and the partial abatement of certain taxes for a project that is located in an economic diversification district to enter into an agreement with certain local governments to defray the cost of services provided by the local governments under certain circumstances; revising provisions governing applications for the issuance of transferable tax credits and the partial abatement of certain taxes for a project that satisfies certain capital investment and other requirements; authorizing a fire protection district to abate certain fees; and providing other matters properly relating thereto., is a 83rd Regular Session (2025) Senate bill sponsored by Senate Committee on Revenue and Economic Development; status signed, last action 2025-06-06 (Chapter 334.) (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/NV-SB69-83rd2025 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Nevada SB69 - State: Nevada - Session: 83rd Regular Session (2025) - Title: AN ACT relating to taxation; requiring an applicant for the issuance of transferable tax credits and the partial abatement of certain taxes for a project that is located in an economic diversification district to enter into an agreement with certain local governments to defray the cost of services provided by the local governments under certain circumstances; revising provisions governing applications for the issuance of transferable tax credits and the partial abatement of certain taxes for a project that satisfies certain capital investment and other requirements; authorizing a fire protection district to abate certain fees; and providing other matters properly relating thereto. - Status: signed - Chamber: Senate - Introduced: 2024-11-20 - Last action: 2025-06-06, Chapter 334. - Sponsor: Senate Committee on Revenue and Economic Development - Cosponsors: 0 - Subjects: BDR 32-369 - Touches household money: no - Roll calls: 2 (56 yes, 7 no in all) - Economic provisions PRIA read: 6 ## Summary No summary available. ## Bill overview: provisions PRIA read - Cost-sharing deals in project districts: mixed, high. For projects in an economic diversification district, the lead participant must pay toward local services if the local government requires it. Total payments are capped at the lesser of 10% of the project’s partial property and local sales tax abatements, or the amount needed to defray local costs… - Mega-project thresholds, audits, and costs: mixed, high. Projects can qualify for transferable tax credits and abatements only with very large investments: at least $1 billion within 10 years for one path, or at least $3.5 billion within 10 years for another. The lead must provide a yearly Nevada CPA audit that shows each participant’s investment and Nev… - More Nevada hires and proof rules: mixed, medium. At least 50% of construction and 50% of on-site jobs must go to Nevada residents. Employers must keep proof in each worker’s file: a current Nevada ID (veterans may use a current Nevada ID), vehicle registration if they own a car, full-time status of 30 hours a week, and proof the worker is offered… - Local fee breaks, pilot required: mixed, medium. Beginning October 1, 2025, cities, counties, and fire districts may cut or waive permitting and licensing fees for participants in qualified projects. Before granting any fee break, they must adopt a pilot program by ordinance or regulation. Each year by October 1, any government that granted abate… - Deadlines to sign and start abatements: mixed, low. If an application includes an abatement, the Office and the lead participant must sign the agreement within 1 year of the application receipt. If they miss this window, no abatement is approved unless a new application is filed. The agreement must state when the property tax abatement starts: no ea… - Faster reviews, public notice, redactions: mixed, low. The Office must notify local governments within 15 days of receiving an application and hold a public meeting within 60 days of a completed filing, with at least 30 days’ public notice. Locals can designate a representative at least 15 days before the meeting to review the application under an NDA.… ## Sponsors and cosponsors - Sponsor: Senate Committee on Revenue and Economic Development ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-05-23 | House | Final Passage - Assembly (2nd Reprint) | pass | 39 | 3 | | | 2025-04-22 | Senate | Final Passage - Senate (1st Reprint) | pass | 17 | 4 | | ## Actions (22) - 2025-06-06: Chapter 334. (legislature) - 2025-06-05: Approved by the Governor. (legislature) - 2025-06-01: Enrolled and delivered to Governor. (legislature) - 2025-05-30: Assembly Amendment No. 693 concurred in. To enrollment. (Senate) - 2025-05-23: In Senate. (Senate) - 2025-05-23: Read third time. Passed, as amended. Title approved. (Yeas: 39, Nays: 3.) To Senate. (House) - 2025-05-23: From printer. To reengrossment. Reengrossed. Second reprint. (House) - 2025-05-22: Read second time. Amended. (Amend. No. 693.) To printer. (House) - 2025-05-22: Placed on Second Reading File. (House) - 2025-05-22: From committee: Amend, and do pass as amended. (House) - 2025-04-28: Read first time. Referred to Committee on Revenue. To committee. (House) - 2025-04-28: In Assembly. (House) - 2025-04-28: To Assembly. (Senate) - 2025-04-25: From printer. To engrossment. Engrossed. First reprint. (Senate) - 2025-04-22: Read third time. Passed, as amended. Title approved, as amended. (Yeas: 17, Nays: 4.) To printer. (Senate) - 2025-04-21: Reprinting dispensed with. (Senate) - 2025-04-21: Read second time. Amended. (Amend. No. 362.) (Senate) - 2025-04-21: Placed on Second Reading File. (Senate) - 2025-04-21: From committee: Amend, and do pass as amended. (Senate) - 2025-02-03: Read first time. To committee. (Senate) - 2024-11-26: From printer. (Senate) - 2024-11-20: Prefiled. Referred to Committee on Revenue and Economic Development. To printer. (Senate) ## Bill text - As Enrolled: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB69_EN.pdf) - As Introduced: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB69.pdf) - Reprint 1: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB69_R1.pdf) - Reprint 2: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB69_R2.pdf) ## Related bills - AB499: AN ACT relating to elections; requiring, with certain exceptions, a registered voter show photo identification to vote in person; requiring the Department of M… (vetoed) - 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) - AB259: AN ACT relating to health care; prohibiting certain actions related to pricing and reimbursement for certain drugs; creating a cause of action for violating su… (vetoed) - AB188: AN ACT relating to the Public Employees' Benefits Program; requiring the Board of the Public Employees' Benefits Program to report certain information relating… (vetoed) - SB217: AN ACT relating to health care; prohibiting a governmental entity from substantially burdening certain activity relating to assisted reproduction under certain… (vetoed) - SB81: AN ACT relating to education; requiring the Department of Education to create and conduct certain surveys of public school employees; revising provisions gover… (signed) ## Sources - [As Enrolled (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB69_EN.pdf) - [As Introduced (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB69.pdf) - [Reprint 1 (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB69_R1.pdf) - [Reprint 2 (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB69_R2.pdf) ## Related - [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) - [SB217: AN ACT relating to health care; prohibiting a governmental entity from substant…](https://policyrisk.com/state-bill/NV-SB217-83rd2025) - [SB81: AN ACT relating to education; requiring the Department of Education to create a…](https://policyrisk.com/state-bill/NV-SB81-83rd2025) - [Nevada bills](https://policyrisk.com/states/nevada/bills) - [Nevada state hub](https://policyrisk.com/states/nevada) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/NV-SB69-83rd2025 (as of 2026-11-01).