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AB552 • 2025

Revises provisions relating to the Trust Fund for Child Welfare. (BDR 38-1124)

AN ACT relating to child welfare; revising provisions relating to deductions from the separate account of a child in the Trust Fund for Child Welfare; and providing other matters properly relating thereto. Close title AN ACT relating to child welfare; revising provisions relating to deductions from the separate account of a child in the Trust Fund for Child Welfare; and providing other matters properly relating thereto.

Children
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Assembly Committee on Ways and Means
Last action
Official status
Chapter 341. (See full list below)
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Revises provisions relating to the Trust Fund for Child Welfare. (BDR 38-1124)

Revises provisions relating to the Trust Fund for Child Welfare.

What This Bill Does

  • Revises provisions relating to the Trust Fund for Child Welfare.
  • (BDR 38-1124)

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-05-05 Nevada Electronic Legislative Information System

    Chapter 341. (See full list below)

Official Summary Text

Revises provisions relating to the Trust Fund for Child Welfare. (BDR 38-1124)

Current Bill Text

Read the full stored bill text
- 83rd Session (2025)
Assembly Bill No. 552–Committee on Ways and Means

CHAPTER..........

AN ACT relating to child welfare; revising provisions relating to
deductions from the separate account of a child in the Trust
Fund for Child Welfare; and providing other matters properly
relating thereto.
Legislative Counsel’s Digest:
Existing law: (1) creates the Trust Fund for Child Welfare; and (2) provides
that all benefits for survivors or other awards payable to children receiving child
welfare services in a county whose population is less than 100,000 (current ly all
counties other than Clark and Washoe Counties) must be deposited in the State
Treasury for credit to the Fund. Under existing law, the Division of Child and
Family Services of the Department of Health and Human Services is required to:
(1) keep a separate account for each child who receives money from the Fund; and
(2) deduct from a child’s separate account any services to the child provided by
public money. Existing law also provides that: (1) any surplus remaining after such
deductions may be expended for extraordinary items deemed beneficial to the child;
and (2) any surplus balance must be remitted to the parent or legal guardian of the
child, or to the child if the child is emancipated or has reached the age of 18 years,
when the Division is no longer legally responsible for the child. (NRS 432.037)
This bill eliminates the requirement for the Division to deduct from a child’s
separate account in the Fund any services to the child provided by public money.

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

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

Section 1. NRS 432.037 is hereby amended to read as follows:
432.037 1. The Trust Fund for Child Welfare is hereby
created. All benefits for survivors or other awards payable to
children receiving child welfare services pursuant to NRS 432.010
to 432.085, inclusive, in a county whose population is less than
100,000 must be deposited in the State Treasury for credit to the
Fund.
2. The Division shall:
(a) Keep a separate account for each child who receives money.
(b) [Deduct from the account any services to the child provided
by pub lic money. Any surplus remaining may be expended for
extraordinary items deemed beneficial to the child.
(c)] Remit any [surplus] balance to the parent or legal guardian
of the child, or to the child if the child is emancipated or has reached
the age of 1 8 years, when the Division is no longer legally
responsible for the child.

– 2 –

- 83rd Session (2025)
3. The Division shall pay interest to each child’s separate
account maintained in the Trust Fund for Child Welfare at the end
of each interest period. Interest must be paid at a r ate equal to the
average of the interest rates quoted by at least three banking
institutions for interest -bearing savings accounts of $3,000 or less
on the first day of each interest period. Interest must be paid on the
child’s account commencing with the first interest period that the
Division is legally responsible for the child. Interest must not be
paid for the interest period during which the child ceases to be the
legal responsibility of the Division.
4. All benefits for survivors or other awards pa yable to
children receiving child welfare services in a county whose
population is 100,000 or more pursuant to NRS 432.010 to 432.085,
inclusive, must be deposited in the trust fund for child welfare
established in the county treasury. A disbursement from the benefits
for survivors or other awards of a child which is deposited in the
fund may be made to the agency which provides child welfare
services for any child welfare services provided to the child with
public money.
5. As used in this section, “inte rest period” means that period
not less frequent than quarterly, as determined by the State
Treasurer, for which interest must be paid.
Sec. 2. This act becomes effective on July 1, 2025.

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