# Nevada SB76: AN ACT relating to securities; creating the Fund for the Compensation of Victims of Securities Fraud and prescribing the use of money in the Fund; authorizing certain persons to whom a court orders restitution to apply for compensation from the Fund; requiring the Administrator of the Securities Division of the Office of the Secretary of State to review applications for and award compensation from the Fund; making confidential certain information; requiring the Division to adopt regulations relating to the administration of the Fund; requiring the Administrator to submit to the Legislature a biennial report concerning the Fund; requiring a person who receives compensation from the Fund to reimburse the State for such compensation under certain circumstances; revising provisions relating to certain exempt securities and exempt transactions; revising provisions governing the deposit of certain money received by the Division or the Administrator; and providing other matters properly relating thereto.

Nevada SB76, AN ACT relating to securities; creating the Fund for the Compensation of Victims of Securities Fraud and prescribing the use of money in the Fund; authorizing certain persons to whom a court orders restitution to apply for compensation from the Fund; requiring the Administrator of the Securities Division of the Office of the Secretary of State to review applications for and award compensation from the Fund; making confidential certain information; requiring the Division to adopt regulations relating to the administration of the Fund; requiring the Administrator to submit to the Legislature a biennial report concerning the Fund; requiring a person who receives compensation from the Fund to reimburse the State for such compensation under certain circumstances; revising provisions relating to certain exempt securities and exempt transactions; revising provisions governing the deposit of certain money received by the Division or the Administrator; and providing other matters properly relating thereto., is a 83rd Regular Session (2025) Senate bill sponsored by Senate Committee on Judiciary; status signed, last action 2025-06-06 (Approved by the Governor. Chapter 376.); PRIA reads it as touching household money (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/NV-SB76-83rd2025
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Nevada SB76
- State: Nevada
- Session: 83rd Regular Session (2025)
- Title: AN ACT relating to securities; creating the Fund for the Compensation of Victims of Securities Fraud and prescribing the use of money in the Fund; authorizing certain persons to whom a court orders restitution to apply for compensation from the Fund; requiring the Administrator of the Securities Division of the Office of the Secretary of State to review applications for and award compensation from the Fund; making confidential certain information; requiring the Division to adopt regulations relating to the administration of the Fund; requiring the Administrator to submit to the Legislature a biennial report concerning the Fund; requiring a person who receives compensation from the Fund to reimburse the State for such compensation under certain circumstances; revising provisions relating to certain exempt securities and exempt transactions; revising provisions governing the deposit of certain money received by the Division or the Administrator; and providing other matters properly relating thereto.
- Status: signed
- Chamber: Senate
- Introduced: 2024-11-20
- Last action: 2025-06-06, Approved by the Governor. Chapter 376.
- Sponsor: Senate Committee on Judiciary
- Cosponsors: 0
- Subjects: BDR 7-486
- Touches household money: yes
- Roll calls: 2 (49 yes, 10 no in all)
- Economic provisions PRIA read: 6

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Simpler rules for many secondary trades: benefit, low. Beginning January 1, 2026, more secondary sales and brokered trades are exempt from Nevada registration. Examples include unsolicited customer orders through licensed brokers; nonissuer sales of fixed‑maturity securities with no recent defaults; trades in SEC‑reporting companies (or with 90‑day Nev…
- Streamlined sales of large real-estate notes: benefit, low. Beginning January 1, 2026, certain real‑estate‑secured note deals are exempt. Sales qualify when each buyer pays at least $250,000 in cash within 60 days and buys for their own account. HUD‑approved mortgagee notes or participations can be sold to institutions like banks, insurers, Freddie Mac, Fan…
- Cash relief for securities fraud victims: mixed, high. Beginning January 1, 2026, victims with a court order for restitution under NRS 90.640 can apply to a new state Fund within 12 months. Awards are capped at the lesser of $25,000 or 25% of the unpaid restitution. Your application information is confidential, and you can appeal a denial. If you later…
- In-state investing for certified Nevadans: mixed, medium. Beginning January 1, 2026, Nevada certified investors can buy certain intrastate offerings that meet federal Rules 147/147A. Your total buys under this path cannot exceed 10% of your net worth, and home equity may count for only up to 50% of net worth in that test. Sellers must submit fingerprints…
- Division fees flow to General Fund: mixed, low. Beginning January 1, 2026, money the Securities Division or Administrator collects under the securities law goes to the State General Fund, except where this act says otherwise (like the victim Fund). This changes how the state handles these receipts.
- Easier small and holder offerings: mixed, low. Beginning January 1, 2026, very small private offerings can be exempt if there are 35 or fewer in‑state purchasers in 12 months, no public ads, no unlicensed commissions, and, in some cases, a $500,000 cap. Preorganization subscriptions are exempt with no paid solicitors, no public ads, no payments…

## Sponsors and cosponsors

- Sponsor: Senate Committee on Judiciary

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-05-31 | House | Final Passage - Assembly (2nd Reprint) | pass | 36 | 3 |   |
| 2025-05-26 | Senate | Final Passage - Senate (1st Reprint) | pass | 13 | 7 |   |

## Actions (26)

- 2025-06-06: Approved by the Governor. Chapter 376. (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: 36, Nays: 3, Excused: 3.) To Senate. (House)
- 2025-05-30: Read second time. (House)
- 2025-05-30: Placed on Second Reading File. (House)
- 2025-05-30: From committee: Do pass. (House)
- 2025-05-27: Read first time. Referred to Committee on Judiciary. To committee. (House)
- 2025-05-27: In Assembly. (House)
- 2025-05-27: From printer. To re-engrossment. Re-engrossed. Second reprint. To Assembly. (Senate)
- 2025-05-26: Read third time. Passed, as amended. Title approved. (Yeas: 13, Nays: 7, Excused: 1.) To printer. (Senate)
- 2025-05-26: Reprinting dispensed with. (Senate)
- 2025-05-26: Read third time. Amended. (Amend. No. 801.) (Senate)
- 2025-05-26: Placed on General File. (Senate)
- 2025-05-26: From committee: Amend, and do pass as amended. (Senate)
- 2025-04-23: To committee. (Senate)
- 2025-04-23: From printer. To engrossment. Engrossed. First reprint. (Senate)
- 2025-04-21: Taken from General File. Re-referred to Committee on Finance. Exemption effective. To printer. (Senate)
- 2025-04-21: Notice of eligibility for exemption. (Senate)
- 2025-04-21: Read second time. Amended. (Amend. No. 337.) (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)
- 2024-12-02: From printer. (Senate)
- 2024-11-20: Prefiled. Referred to Committee on Judiciary. To printer. (Senate)

## Bill text

- As Enrolled: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB76_EN.pdf)
- As Introduced: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB76.pdf)
- Reprint 1: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB76_R1.pdf)
- Reprint 2: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB76_R2.pdf)

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## Sources
- [As Enrolled (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB76_EN.pdf)
- [As Introduced (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB76.pdf)
- [Reprint 1 (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB76_R1.pdf)
- [Reprint 2 (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/SB/SB76_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)
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Source: PRIA, https://policyrisk.com/state-bill/NV-SB76-83rd2025 (as of 2026-11-01).