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- 83rd Session (2025)
Assembly Bill No. 595–Committee on Ways and Means
CHAPTER..........
AN ACT relating to fiscal notes; revising provisions governing the
information concerning fiscal effect that must be included in
the summary of each bill or joint resolution introduced in the
Legislature; revising provisions governing the preparation of
fiscal notes; and providing other matters properly relating
thereto.
Legislative Counsel’s Digest:
Existing law req uires the Fiscal Analysis Division of the Legislative Counsel
Bureau to obtain a fiscal note on each bill or joint resolution that: (1) creates or
increases any fiscal liability of the State or decreases any revenue of the State
which appears to be in exce ss of $2,000; or (2) increases or newly provides for a
term of imprisonment in the state prison or makes release on parole or probation
from the state prison less likely. However, such a fiscal note is not required on any
bill or joint resolution relating exclusively to the proposed executive budget. (NRS
218D.430) For the purpose of indicating whether the Fiscal Analysis Division is
required to obtain a fiscal note on a bill or joint resolution, the summary of each bill
or joint resolution introduced in the Legislature is required to include a statement of
the fiscal effect on the State. Such a statement may include, without limitation, a
statement that the fiscal effect on the State is included in the Executive Budget or
contains an appropriation included in the Executive Budget. (NRS 218D.415) This
bill clarifies that for the purposes of determining the fiscal effect on the State
included in the summary of a bill or joint resolution and whether or not the Fiscal
Analysis Division is required to obtain a fi scal note, the “Executive Budget” is the
proposed budget submitted by the Governor to the Legislature not later than 14
calendar days before the commencement of the regular legislative session.
(NRS 353.230)
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 218D.415 is hereby amended to read as
follows:
218D.415 1. The summary of each bill or joint resolution
introduced in the Legislature must include the statement:
(a) “Fiscal Note: Effect on Local Government: May have Fiscal
Impact,”
“Fiscal Note: Effect on Local Government: No,” or
“Fiscal Note: Effect on Local Government: Increases or
Newly Provides for Term of Imprisonment in County or
City Jail or Detention Facility,”
whichever is appropriate; and
(b) “Effect on the State: Yes,”
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- 83rd Session (2025)
“Effect on the State: No,”
“Effect on the State: Contains Appropriation included in
Executive Budget,”
“Effect on the State: Executive Budget,” or
“Effect on the State: Contain s Appropriation not included in
Executive Budget,”
whichever is appropriate.
2. The Legislative Counsel shall consult the Fiscal Analysis
Division to secure the appropriate information for summaries of
bills and joint resolutions.
3. If an amendment adds an appropriation to a bill that
previously did not include an appropriation or removes all
appropriations from a bill that previously included one or more
appropriations, the Legislative Counsel shall change the summary of
the bill to reflect the inclusion or removal.
4. For the purposes of this section, the “Executive Budget” is
the proposed budget that, pursuant to NRS 353.230, the Governor
submits to the Director of the Legislative Counsel Bureau for
transmittal to the Legislature.
Sec. 2. NRS 218D.430 is hereby amended to read as follows:
218D.430 1. Except as otherwise provided in subsection 4,
the Fiscal Analysis Division shall obtain a fiscal note on:
(a) Any bill or joint resolution which creates or increases any
fiscal liability or decreases any revenue which appears to be in
excess of $2,000; and
(b) Any bill or joint resolution which increases or newly
provides for a term of imprisonment in the state prison or makes
release on parole or probation from the state prison less likely,
before a vote is taken on such a bill or joint resolution by a
committee of the Assembly or the Senate.
2. The fiscal note must contain a reliable estimate of the
anticipated change in appropriation authority, fiscal liability or state
revenue under t he bill or joint resolution, including, to the extent
possible, a projection of such changes in future biennia.
3. Except as otherwise provided in NRS 218 D.400 to
218D.495, inclusive, or a joint rule, the estimates must be made by
the affected agency or agencies.
4. The fiscal note is not required on any bill or joint resolution
relating exclusively to the proposed executive budget. For the
purposes of this subsection, the “proposed executive budget” is the
proposed budget that, pursuant to NRS 353.230, the Governor
submits to the Director of the Legislative Counsel Bureau for
transmittal to the Legislature.
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- 83rd Session (2025)
Sec. 3. This act becomes effective on July 1, 2025.
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