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AB68 • 2025

Revises provisions relating to housing. (BDR 10-478)

AN ACT relating to consumer reporting; requiring certain landlords to make a written offer to a tenant to report positive rental payment information to at least one consumer reporting agency which meets certain criteria; providing requirements related to the reporting of positive rental payment information; and providing other matters properly relating thereto. Close title AN ACT relating to consumer reporting; requiring certain landlords to make a written offer to a tenant to report positive rental payment information to at least one consumer reporting agency which meets certain criteria; providing requirements related to the reporting of positive rental payment information; and providing other matters properly relating thereto.

Housing
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Assembly Committee on Commerce and Labor
Last action
Official status
(Pursuant to Joint Standing Rule No. 14.3.1, no further action allowed.) (See full list below)
Effective date
Not listed

Plain English Breakdown

The bill summary and digest do not provide specific details on how this will impact tenants' credit scores or financial standing.

Landlord Reporting of Positive Rental Payments

This law requires landlords to offer tenants the option to report positive rental payment information to specific consumer reporting agencies and sets rules for how this process works.

What This Bill Does

  • Requires landlords to give tenants a written offer to report their on-time rent payments to at least one consumer reporting agency that compiles and maintains files on consumers on a nationwide basis or resells such information.
  • Specifies the contents of the written offer, including details about fees and instructions for acceptance and rejection.
  • Allows landlords to charge a fee not exceeding $10 per month if there are no actual costs involved.
  • Requires landlords to stop reporting positive rental payment information if the tenant requests it or does not pay the required fee for 30 days or more.

Who It Names or Affects

  • Landlords who own rental properties
  • Tenants living in rental units

Terms To Know

Consumer Reporting Agency
A company that collects and provides information about a person's credit history to other companies.
Nationwide Basis
Refers to consumer reporting agencies that operate across the entire United States, not just in one state or region.

Limits and Unknowns

  • The law does not apply to small landlords with 15 or fewer rental dwelling units unless they meet specific criteria.
  • It is unclear how this will affect tenants' credit scores and overall financial standing.

Bill History

  1. 2024-11-20 Nevada Electronic Legislative Information System

    (Pursuant to Joint Standing Rule No. 14.3.1, no further action allowed.) (See full list below)

Official Summary Text

Revises provisions relating to housing. (BDR 10-478)

Current Bill Text

Read the full stored bill text
A.B. 68

- *AB68*

ASSEMBLY BILL NO. 68–COMMITTEE
ON COMMERCE AND LABOR

(ON BEHALF OF THE STATE TREASURER)

PREFILED NOVEMBER 20, 2024
____________

Referred to Committee on Commerce and Labor

SUMMARY—Revises provisions relating to housing.
(BDR 10-478)

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

~

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

AN ACT relating to consumer reporting; requiring certain landlords
to make a written offer to a tenant to report positive rental
payment information to a t least one consumer reporting
agency which meets certain criteria; providing
requirements related to the reporting of positive rental
payment informati on; and providing other matters
properly relating thereto.
Legislative Counsel’s Digest:
Existing law requires a landlord and a tenant to perform certain obligations 1
with respect to a lease of real property. (Chapter 118A of NRS) Section 1 of this 2
bill requires a landlord of a dwelling u nit to make a written offer to each tenant to 3
report the positive rental payment information of the tenant to at least one: (1) 4
consumer reporting agency that compiles and maintains files on consumers on a 5
nationwide basis; or (2) consumer reporting agency that resells or otherwise 6
furnishes rental payment information to a consumer reporting agency that compiles 7
and maintains files on consumers on a nationwide basis. Section 1 additionally: (1) 8
prescribes the contents of the written offer ; (2) requires a landlord to provide the 9
tenant with a self -addressed, stamped envelope to return the acceptance of the 10
written offer to the landlord; (3) authorizes a tenant to accep t the written offer at 11
any time after receipt; (4) authorizes a landlord to charge a fee for the reporting; (5) 12
authorizes a landlord to stop reporting the positive rental payment information if 13
the fee remains unpaid by the tenan t for 30 days or more; and (6) r equires a 14
landlord to stop reporting the positive rental payment information upon request. 15
Section 1 exempts from these provisions a landlord of a premises that includes 15 16
or fewer rental dwelling units unless the landlord meets certain criteria. 17

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

Section 1. Chapter 118A of NRS is hereby amended by 1
adding thereto a new section to read as follows: 2
1. Except as otherwise provided in subsection 9, a landlord of 3
a dwelling unit shall make a written offer to each tenant to report 4
the positive rental payment information of the tenant to at least 5
one: 6
(a) Consumer reporting agency that compiles and maintains 7
files on consumers on a nationwide basis; or 8
(b) Consumer reporting agency that resells or otherwise 9
furnishes rental payment information to a consumer reporting 10
agency that compiles and maintains files on consumers on a 11
nationwide basis. 12
2. The written offer required pursuant to subsection 1 must 13
include: 14
(a) A statem ent that the reporting of the positive rental 15
payment information of the tenant is optional; 16
(b) The name of each consumer reporting agency to which 17
positive rental payment information will be reported; 18
(c) The amount of any fee charged pursuant to subsection 6; 19
(d) Instructions on how to submit an acceptance of the written 20
offer to the landlord by mail; 21
(e) A statement that the ten ant may opt in to the reporting of 22
the positive rental payment information of the tenant at any time 23
following receipt of the written offer from the landlord; 24
(f) A statement that the tenant may elect to stop the reporting 25
of the positive rental payment information of the tenant at any 26
time, but that the tenant will not be able to resume the reporting 27
for at least 6 months after such an election is made; 28
(g) Instructions on how to stop the reporting of the positive 29
rental payment information; and 30
(h) A signature block that the tenant must date and sign in 31
order to accept the written offer. 32
3. The landlord shall make the written offer required 33
pursuant to subsection 1 at the time of the lease agreement and at 34
least annually thereafter. 35
4. When the landlord makes the written offer required 36
pursuant to subsection 1 , the landlord shall provi de the tenant 37
with a self -addressed, stamped envelope to return the acceptance 38
of the written offer to the landlord. 39
5. A tenant may accept a written offer to report the positive 40
rental payment information of the tenant at any time after the 41

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- *AB68*
tenant receives the written offer. Upon request by a tenant, at any 1
time, the landlord shall provide the tenant addi tional copies of the 2
written offer. 3
6. If a tenant accepts the written offer to report the positive 4
rental payment information of the tenant , the land lord may 5
require the tenant to pay a fee in an amount not to exceed the 6
actual cost to the landlord to report the positive rental payment 7
information or $10 per month , whichever is less . If the landlord 8
does not incur any actual cost to report the positive rental payment 9
information, the landlord shall not charge the tenant any fee for 10
the reporting. 11
7. If a tenant fails to pay a fee charged pursuant to 12
subsection 6: 13
(a) The failure to pay the fee shall not be cause for termination 14
of the tenancy; 15
(b) The landlord shall not deduct the unpaid fee from the 16
security deposit of the tenant or any surety bond purchased by the 17
tenant in lieu of paying all or part of the security deposit; 18
(c) The failure to pay the fee shall not be reported to a 19
consumer reporting agency; and 20
(d) If the fee remains unpaid for 30 days or more, the landlord 21
may stop reporting the positive rental payment information of the 22
tenant and the tenant may not elect to resume the reporting for 6 23
months from the date on which the fee first became due. 24
8. A tenant who accepts the written offer to report the positive 25
rental payment information of the tenant may subsequently file a 26
written request with the landlord to sto p th e reporting. The 27
landlord shall comply with this requ est. The tenant may not elect 28
to resume the reporting for at least 6 months from the date of the 29
tenant’s written request to stop the reporting. 30
9. The provisions of this section do not apply to a landlord of 31
a premises that includes 15 or fewer dwelling units for occupancy 32
under a rental agreement unless: 33
(a) The landlord is the owner of more than one premises that 34
includes at least one dwelling un it for occupancy under a rental 35
agreement, regardl ess of the number of dwelling units at each 36
premises; and 37
(b) The landlord is: 38
(1) A real estate investment trust, as defined in 26 U.S.C. 39
§ 856; 40
(2) A corporation; or 41
(3) A limited liability company in which at least one 42
member is a corporation. 43
10. For purposes of this section: 44

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(a) “Consumer reporting agency” has the meaning ascribed to 1
it in 15 U.S.C. § 1681a(f). 2
(b) “Consumer reporting agency that compiles and maintains 3
files on consumers on a nationwide basis” has the meaning 4
ascribed to it in 15 U.S.C. § 1681a(p). 5
Sec. 2. On or before October 1, 2025, a landlord shall provide 6
the written offer required pursuant to subsection 1 of section 1 of 7
this act to each tenant who is a party to a rental agreement enter ed 8
into before July 1, 2025. 9
Sec. 3. This act becomes effective on July 1, 2025. 10

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