NevadaSB7583rd Regular Session (2025)SenateWALLET

AN ACT relating to business; authorizing the Secretary of State to adopt regulations to decrease the amount of the fee for the issuance or renewal of a state business license and certain filing fees paid by business entities; authorizing the Secretary of State to adopt regulations to decrease certain penalties and fees for failing to obtain or renew a state business license or timely file certain documents; revising provisions governing the renewal of a state business license; requiring an electronic mail address to be included in certain filings related to registered agents; authorizing the Office of the Secretary of State to accept records written in a language other than English under certain circumstances; revising provisions governing acceptance by the Secretary of State of certain documents on behalf of a business entity whose name includes certain words associated with professions regulated by the State Board of Architecture, Interior Design and Residential Design; eliminating fees for the filing of documents to dissolve or cancel the registration of a business entity; revising provisions governing the registration of trademarks, trade names and service marks with the Secretary of State; authorizing the Board to accept proof of receipt of the Pritzker Architecture Prize in lieu of an examination for registration as an architect; and providing other matters properly relating thereto.

Sponsored By: Senate Committee on Judiciary

Failed

BDR 7-484

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Bill Overview

Analyzed Economic Effects

22 provisions identified: 19 benefits, 2 costs, 1 mixed.

Pritzker winners get architecture exam alternative

Beginning July 1, 2025, Pritzker Architecture Prize winners have an alternative to all required architecture registration exams. Nevada's architecture board can accept satisfactory proof of the award instead of the exams. The Board decides whether to accept the proof, and acceptance does not guarantee registration.

Business filings gain limited translation help

Beginning July 1, 2025, the Secretary of State's Office can accept non-English records filed under limited-liability company law. Filers do not need to supply a verified English translation when the Secretary finds sufficient resources to provide one. Acceptance depends on that resource finding.

Business formation and reporting fees can fall

Beginning July 1, 2025, the Secretary of State can lower covered business formation, registration, and reporting fees by regulation. Formation or registration fees for covered limited-liability companies and partnerships cannot exceed $75. First and annual list fees for covered companies and partnerships cannot exceed $150 each. Corporations have a $150 first-list fee and share-based annual fees reaching $11,125; regulations can lower those amounts. Corporate formation fees remain based on total shares and cannot exceed the applicable legal fee or maximum.

Business license fees can fall

Beginning July 1, 2025, Nevada's Secretary of State can lower state business license fees by regulation. The standard amount is $200, or $500 for specified corporations, including certain corporations formed outside Nevada. A lower fee applies only after the Secretary adopts a regulation.

Business penalties and restart fees can fall

Beginning July 1, 2025, the Secretary of State can lower covered business default penalties and reinstatement fees by regulation. These changes cover corporations, limited-liability companies, limited partnerships, and registered limited-liability partnerships, including covered businesses formed outside Nevada. Default penalties cannot exceed $75, and fees to restore business status cannot exceed $300. Lower charges depend on regulations; businesses seeking reinstatement still must meet existing filing and payment requirements.

Business trusts save on cancellation filings

Beginning July 1, 2025, business trusts no longer pay the $100 fee to file a certificate of cancellation. They save $100 for each such filing.

Businesses gain access to non-English filings

Beginning July 1, 2025, Nevada's Secretary of State can accept covered records written in languages other than English. This includes close corporation, nonprofit, corporation sole, limited partnership, professional association, and trademark records. Acceptance without a filer-supplied translation depends on the Secretary finding enough resources to provide a verified English translation. Otherwise, the filer must include a verified English translation. Acceptance is not guaranteed.

Businesses stop paying covered closing fees

Beginning July 1, 2025, covered business closing filings no longer carry their former fees. The law removes $100 fees for covered limited-liability company dissolution or cancellation filings and domestic or foreign limited partnership cancellations. Registered limited-liability partnerships also save $100 on withdrawal notices, which a managing partner must sign. Separate $50-per-record fees no longer cover dissolution records for nonprofits, corporations sole, or limited-liability companies.

Corporations can request different reporting dates

Beginning July 1, 2025, the Secretary of State can let a corporation choose a different first-list due date. Approval is not automatic. After approval, annual lists are due by the last day of the month containing that date's anniversary.

Design businesses gain another name approval route

Beginning July 1, 2025, limited-liability companies using restricted architecture or design words gain another route for business-name filings. Instead of relying only on State Board certification, they can submit documents the Secretary of State accepts. The documents must show that their principals hold the required Nevada registration or that the company meets statutory business qualifications.

Lower costs for closing limited partnerships

Beginning July 1, 2025, limited partnerships no longer pay the $100 fee to file a certificate of cancellation. Foreign limited partnerships with revoked Nevada business rights can also cancel without added fees or penalties for inactive periods. They must provide satisfactory proof that they did no business during the entire revocation period. If they did business during part of that period, they must prove the inactive periods and pay fees and penalties for the active part.

Lower fees allowed for limited partnerships

Beginning July 1, 2025, Nevada's Secretary of State can lower limited partnership fees and penalties by regulation. Formation and foreign registration fees cannot exceed $75; initial and annual list fees cannot exceed $150 each. These list fee caps cover both Nevada and foreign limited partnerships. Missed filing or payment deadlines carry penalties capped at $75, and reinstatement fees cannot exceed $300. The law does not automatically lower these amounts; reinstatement still requires filings and payment of applicable past-due fees and penalties.

More filing options for design businesses

Beginning July 1, 2025, covered businesses gain another way to file names containing specified architecture or design terms. The option covers corporations, foreign corporations, limited partnerships, and registered limited-liability partnerships. Instead of State Board certification, they can provide documents satisfactory to Nevada's Secretary of State. The documents must show the principals' applicable Nevada professional registration or the entity's qualification under Nevada's architecture and design business law.

Possible fee relief for business trusts

Beginning July 1, 2025, Nevada's Secretary of State can lower specified business trust charges by regulation. Formation or foreign registration fees cannot exceed $75, and initial or annual list fees cannot exceed $150. Default penalties for Nevada and foreign business trusts cannot exceed $75. Reinstatement fees for those trusts and foreign limited partnerships cannot exceed $300. Lower amounts require regulations; reinstatement still requires overdue filing fees, penalties, and the required filings.

Possible fee relief for foreign corporations

Beginning July 1, 2025, Nevada's Secretary of State can lower fees for corporations formed outside Nevada by regulation. Initial qualification fees cannot exceed the applicable legal limits. List fees remain capped by the applicable schedule: $150 initially and up to $11,125 annually, based on authorized shares. Default penalties cannot exceed $75 and are added to the amount owed; reinstatement fees cannot exceed $300. Lower amounts require regulations, and corporations must still meet the filing and payment requirements for reinstatement.

Possible fee relief for nonprofit corporations

Beginning July 1, 2025, Nevada's Secretary of State can lower specified nonprofit and corporation sole charges by regulation. List fees are capped at $50, default penalties at $50, and reinstatement fees at $100. These limits also cover nonprofits formed outside Nevada; default penalties are added to the amount owed. The Secretary can also lower the $50-per-record fee for nonprofit articles of incorporation, but not other records listed alongside them. Reductions are not automatic, and reinstatement still requires the applicable filings and payments.

Possible fee relief for professional associations

Beginning July 1, 2025, Nevada's Secretary of State can lower professional association charges by regulation. Filing a copy of the articles of association costs no more than $75. Initial and annual member and employee list fees cannot exceed $150. Default penalties cannot exceed $75, and reinstatement fees after loss of business rights cannot exceed $300. The law does not automatically set lower amounts.

Possible lower filing fees for businesses

Beginning July 1, 2025, Nevada's Secretary of State can lower specified limited-liability company filing fees by regulation. Initial and annual list fees can fall below $150. The fee for articles of incorporation can fall below $50 per record. That articles fee authority does not cover amendments or restatements. The law does not automatically reduce either fee.

Revoked businesses gain cheaper closing options

Beginning July 1, 2025, qualifying entities with revoked business status can close without additional fees or penalties. This covers corporations, nonprofits, limited-liability companies, registered limited-liability partnerships, and limited partnerships. They must provide evidence the Secretary accepts showing no business activity throughout revocation, or inactivity during part of that period. For partial inactivity, they must have paid fees and penalties for the time they did business. Companies formed outside Nevada can cancel their covered Nevada registration based on their Nevada business activity.

Business agent filings must include email

Beginning July 1, 2025, filings under Nevada's registered agent law must include an email address whenever an address is required. This adds an electronic contact detail to the filing requirements.

New transfer form for registered marks

Beginning July 1, 2025, transfers of Nevada-registered trademarks, trade names, and service marks must use the Secretary of State's form. The transfer must still be signed, formally acknowledged, and recorded with the Secretary. The $100 recording fee remains unchanged. The mark transfers with the related business goodwill—the reputation and customer value tied to that mark.

Flexible partnership deadlines and uncertain fees

Beginning July 1, 2025, Nevada's Secretary of State can allow Nevada and foreign limited partnerships to choose another initial-list deadline. Later annual lists can follow that date as provided by law. For registered limited-liability limited partnerships, regulated list fees replace the prior $150 initial and $200 annual fees. The new amounts are not stated, so the law does not establish whether these filing costs fall or rise. Foreign limited partnership default penalties can be lowered by regulation and cannot exceed $75.

Sponsors & Cosponsors

Sponsor

  • Senate Committee on Judiciary

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. (No further action taken.)

    6/3/2025Senate
  2. To committee.

    4/23/2025Senate
  3. From printer. To engrossment. Engrossed. First reprint.

    4/23/2025Senate
  4. Taken from General File. Re-referred to Committee on Finance. Exemption effective. To printer.

    4/21/2025Senate
  5. Read second time. Amended. (Amend. No. 336.)

    4/21/2025Senate
  6. Placed on Second Reading File.

    4/21/2025Senate
  7. From committee: Amend, and do pass as amended.

    4/21/2025Senate
  8. Notice of eligibility for exemption.

    4/10/2025Senate
  9. Read first time. To committee.

    2/3/2025Senate
  10. From printer.

    12/2/2024Senate
  11. Prefiled. Referred to Committee on Judiciary. To printer.

    11/20/2024Senate

Bill Text

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