Directs the Joint Interim Standing Committee on Growth and Infrastructure to conduct a study during the 2025-2026 interim concerning the Nevada Commission for the Reconstruction of the V & T Railway of Carson City and Storey County. (BDR S-404)

A.B. 32

- *AB32*

ASSEMBLY BILL NO. 32–COMMITTEE
ON GROWTH AND INFRASTRUCTURE

(ON BEHALF OF CARSON CITY)

PREFILED NOVEMBER 15, 2024
____________

Referred to Committee on Growth and Infrastructure

SUMMARY—Directs the Joint Interim Standing Committee on
Growth and Infrastructure to conduct a study during
the 2025 -2026 interim concerning the Nevada
Commission for the Reconstruction of the V & T
Railway of Carson City and Storey County.
(BDR S-404)

FISCAL NOTE: Effect on Local Government: No.
Effect on the State: Yes.

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.

AN ACT relating to the Nevada Commission for the Reconstruction
of the V & T Railway of Carson City and Storey County;
directing the Joint Interim Standing Committee on
Growth and Infrastructure to conduct a study during the
2025-2026 interim concerning the Commission; and
providing other matters properly relating thereto.
Legislative Counsel’s Digest:
Existing law creates the Nevada Commission for the Reconstruction of the V & 1
T Railway of Carson City and Storey County and authorizes it to do all things 2
necessary to establi sh and maintain a railway known as the Virginia & Truckee 3
Railroad. (Sections 2 and 7 of the Nevada Commission for the Reconstruction of 4
the V & T Railway Act of 1993) Existing law also creates the Joint Interim 5
Standing Committee on Growth and Infrastruct ure. (NRS 218E.320) This bill 6
directs the Committee to conduct a study during the 2025 -2026 interim concerning 7
the Commission which includes, without limitation, a comprehensive evaluation of 8
the Commission that examines the current structure, duties and p owers of the 9
Commission and the long-term financial viability of the Commission. 10
Existing law requires: (1) a Joint Interim Standing Committee to prepare a 11
comprehensive report of the Committee’s activities in the interim and its findings 12
and any recomme ndations for proposed legislation; and (2) such a report to be 13
submitted to the Director of the Legislative Counsel Bureau for distribution to the 14

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- *AB32*
next regular session of the Legislature. (NRS 218E.330) This bill requires the 15
Committee to include in its re port for the 2025 -2026 interim its findings and 16
recommendations for legislation relating to the study conducted pursuant to this 17
bill. This bill further requires such recommendations to include, without limitation, 18
any recommendations for actions that the Commission or any other entity may take 19
to improve the long -term financial viability of the Commission and 20
recommendations concerning whether legislation should be proposed to: (1) 21
reorganize the structure of the Commission or modify the duties or powers o f the 22
Commission; (2) improve the long -term financial viability of the Commission; or 23
(3) terminate the Commission and address related issues, including, without 24
limitation, disposition of the assets of the Commission. 25

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN
SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

Section 1. 1. During the 2025 -2026 interim, the Joint 1
Interim Standing Committee on Growth and Infrastructure shall 2
conduct a study concerning the Nevada Commission for the 3
Reconstruction of the V & T Railway of Carson City and Storey 4
County. 5
2. The study must include, without limitation, a comprehensive 6
evaluation of the Commission that examines the current structure, 7
duties and powers of the Commission and the long -term financial 8
viability of the Commission. 9
3. The Committee shall include its findings and 10
recommendations for legislation relating to the study in the report 11
required by subsection 4 of NRS 218E.330 to be prepared and 12
submitted to the Director of the Legislative Counsel Bureau for 13
transmittal to the 84th Session of the Legislature, including, without 14
limitation: 15
(a) Whether legislation should be proposed which: 16
(1) Reorganizes the structure of the Commission or modifies 17
the duties or powers of the Commission; 18
(2) Improves the long -term financial viability of the 19
Commission; or 20
(3) Terminates the Commission and addresses related issues, 21
including, without limitation, disposition of the assets of the 22
Commission. 23
(b) Recommendations for actions that the Commission or any 24
other entity may take to improve the long -term financial viability of 25
the Commission. 26
4. When making recommend ations pursuant to subsection 3, 27
the Committee shall consider any relevant opinion issued by the 28
Attorney General. 29

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