Nev. Rev. Stat. § 358.030 — NV Code / Title 31 / Chapter 358 / Section 358.030
Officers; rules; meetings; quorum; appointment of committees; volunteer workers and consultants; gifts, grants and contributions; annual report
Status: in_force

1. At the first meeting of each calendar year, the Council shall elect from its members a Chair, Vice Chair and Secretary, and shall adopt the rules and procedures of the Council.

2. The Council shall meet at least once each calendar year and at other times at the call of the Chair or a majority of its members.

3. A majority of the voting members of the Council constitutes a quorum for the transaction of business, and a quorum may exercise any power or authority conferred on the Council.

4. The Council may: (a) For the purpose of carrying out the duties of the Council: (1) Appoint committees from its members. (2) Engage the services of volunteer workers and consultants without compensation. (b) For the purpose of carrying out the duties set forth in NRS 358.040 , apply for and receive gifts, grants, contributions or other money from any source.

5. The Council shall, on or before December 31 of each year, prepare and submit a report outlining the activities and recommendations of the Council to: (a) The Governor; and (b) The Director of the Legislative Counsel Bureau for transmittal to: (1) The Legislative Commission if the report is submitted in an odd-numbered year; or (2) The next regular session of the Legislature if the report is submitted in an even-numbered year.
Nev. Rev. Stat. § 353C.180 — NV Code / Title 31 / Chapter 353C / Section 353C.180
Certificate of liability: Contents; recording; notification to debtor; lien on property; extension of lien
Status: in_force

1. In addition to any other remedy provided for in this chapter, the State Controller may, within 4 years after the date that a debt becomes due, record a certificate of liability in the office of a county recorder which states: (a) The amount of the debt, together with any interest or penalties due thereon; (b) The name and address of the debtor, as the name and address of the debtor appear on the records of the State Controller; (c) That the State Controller has complied with all procedures required by law for determining the amount of the debt; and (d) That the State Controller has notified the debtor in accordance with subsection 2.

2. The State Controller shall, not less than 15 days before the date on which he or she intends to file the certificate, notify the debtor of the State Controller's intention to file the certificate. The notification must be sent by certified mail to the last known address of the debtor and must include the name of the agency to which the debt is owed, the amount sought to be recovered and the date on which the certificate will be filed with the county recorder.

3. From the time of the recording of the certificate, the amount of the debt, including interest which accrues on the debt after the recording of the certificate, constitutes a lien upon all real and personal property situated in the county in which the certificate was recorded that is owned by the debtor or acquired by the debtor afterwards and before the lien expires. The lien has the force, effect and priority of a judgment lien on all real and personal property situated in the county in which the certificate was recorded and continues for 4 years after the date of recording unless sooner released or otherwise discharged.

4. Within 4 years after the date of the recording of the certificate or within 4 years after the date of the last extension of the lien pursuant to this subsection, the lien may be extended by recording a new certificate in the office of the county recorder. From the date of recording, the lien is extended for 4 years to all real and personal property situated in the county that is owned by the debtor or acquired by the debtor afterwards, unless the lien is sooner released or otherwise discharged.
Nev. Rev. Stat. § 356.170 — NV Code / Title 31 / Chapter 356 / Section 356.170
Contents of register of checks and orders required to be kept by county treasurer
Status: in_force

The county treasurer shall keep a register that shows separately the amount of county money on deposit with every insured depository bank, credit union, savings and loan association or savings bank, and shall list separately each check or order drawn upon the respective depositories, numbering the checks or orders against each depository consecutively.
Nev. Rev. Stat. § 355.275 — NV Code / Title 31 / Chapter 355 / Section 355.275
Corporation for public benefit: Placement of investments; use of money received from State Permanent School Fund
Status: in_force

1. The corporation for public benefit may place investments through the use or assistance of: (a) External asset managers; or (b) Private equity investment firms.

2. Money received pursuant to NRS 355.280 by the corporation for public benefit may be used to make venture capital investments.
Nev. Rev. Stat. § 353C.224 — NV Code / Title 31 / Chapter 353C / Section 353C.224
Distribution of money collected from debtor
Status: in_force

1. If the State Controller collects any money owed to an agency from a debtor or receives any money from the employer of a debtor or a private debt collector or other person to whom the State Controller has assigned the collection of a debt owed to an agency, the State Controller shall, unless prohibited by federal law, transfer the net amount of money owed to the agency: (a) Except as otherwise provided in paragraph (c), to the Debt Recovery Account created by NRS 353C.226 if the debt is owed to an agency whose budget is supported exclusively or in part from the State General Fund. (b) Except as otherwise provided in paragraph (c), to an account specified by the agency if the debt is owed to an agency whose budget is supported exclusively from sources other than the State General Fund. (c) If a specific statute requires the money to be deposited in a specific account or used for a specific purpose, to the specific account required by statute or to the account from which money is expended for the purpose specified.

2. If the State Controller is unable to determine where to transfer the net amount of money collected pursuant to subsection 1, the money must be deposited in the Debt Recovery Account. If an agency disputes the decision to deposit the money in the Debt Recovery Account pursuant to this subsection, the agency may, not later than 60 days after the money is deposited in the Debt Recovery Account, submit a written request to the Interim Finance Committee seeking its determination of where the money collected pursuant to subsection 1 should be deposited. If an agency fails to submit such a written request timely, the money must remain in the Debt Recovery Account and be used in accordance with NRS 353C.226 .

3. As used in this section, “ net amount of money owed to the agency ” means the money owed to an agency by a debtor that is collected or received by the State Controller minus: (a) Any fees owed pursuant to a specific statute to the State Controller for collection of the debt; (b) Any costs incurred or fees paid by the State Controller to collect any debt assigned to the State Controller for collection by the agency; and (c) Any interest on the debt collected by the State Controller under the terms of an agreement with the debtor, pursuant to NRS 353C.130 , for the payment of the debt on an installment basis.
Nev. Rev. Stat. § 354.529 — NV Code / Title 31 / Chapter 354 / Section 354.529
“Function” defined
Status: in_force

“ Function ” means a group of related activities aimed at accomplishing a major service or regulatory program for which a governmental unit is responsible, including, without limitation, general government, public safety, public works, health, welfare, culture and recreation, conservation of natural resources, urban redevelopment and housing, economic development and assistance, economic opportunity and activities relating to the judiciary.
Nev. Rev. Stat. § 353.227 — NV Code / Title 31 / Chapter 353 / Section 353.227
Economic Forum: Officers; rules; meetings; staffing and other services; quorum; compensation
Status: in_force

1. The Economic Forum impaneled pursuant to NRS 353.226 shall: (a) Elect a Chair and Vice Chair from among its members at its first meeting; (b) Adopt such rules governing the conduct of the Economic Forum as it deems necessary; and (c) Hold such number of meetings as may be necessary to accomplish the tasks assigned to it in the time allotted.

2. The Director of the Legislative Counsel Bureau and Chief of the Budget Division of the Office of Finance shall jointly provide the Economic Forum with: (a) Meeting rooms; (b) Staff; (c) Data processing services; and (d) Clerical assistance.

3. A majority of the members constitutes a quorum and a majority of those present must concur in any decision.

4. While engaged in the business of the Economic Forum, each member is entitled to receive the per diem allowance and travel expenses provided for state officers and employees generally.

5. In addition to the per diem allowance and travel expenses provided in subsection 4, each member of the Economic Forum who is appointed by the Governor pursuant to subsection 2 of NRS 353.226 is entitled to receive for each meeting of the Economic Forum: (a) Eighty dollars for 1 day of preparation for that meeting; and (b) Eighty dollars for each day or part of a day during which the meeting lasts.
Nev. Rev. Stat. § 353.220 — NV Code / Title 31 / Chapter 353 / Section 353.220
Procedure for revision of work programs and allotments
Status: in_force

1. The head of any department, institution or agency of the Executive Department of the State Government, whenever he or she deems it necessary because of changed conditions, may request the revision of the work program of his or her department, institution or agency at any time during the fiscal year, and submit the revised program to the Governor through the Chief with a request for revision of the allotments for the remainder of that fiscal year.

2. Every request for revision must be submitted to the Chief on the form and with supporting information as the Chief prescribes.

3. Before encumbering any appropriated or authorized money, every request for revision must be approved or disapproved in writing by the Governor or the Chief, if the Governor has by written instrument delegated this authority to the Chief.

4. Except as otherwise provided in subsection 8, whenever a request for the revision of a work program of a department, institution or agency in an amount more than $75,000 would, when considered with all other changes in allotments for that work program made pursuant to subsections 1, 2 and 3 and NRS 353.215 , increase or decrease by 20 percent or $350,000, whichever is less, the expenditure level approved by the Legislature for any of the allotments within the work program, the request must be approved as provided in subsection 5 before any appropriated or authorized money may be encumbered for the revision.

5. If a request for the revision of a work program requires additional approval as provided in subsection 4 and: (a) Is necessary because of an emergency as defined in NRS 353.263 or for the protection of life or property, the Governor shall take reasonable and proper action to approve it and shall report the action, and his or her reasons for determining that immediate action was necessary, to the Interim Finance Committee at its first meeting after the action is taken. Action by the Governor pursuant to this paragraph constitutes approval of the revision, and other provisions of this chapter requiring approval before encumbering money for the revision do not apply. (b) The Governor determines that the revision is necessary and requires expeditious action, he or she may certify that the request requires expeditious action by the Interim Finance Committee. Whenever the Governor so certifies, the Interim Finance Committee has 15 days after the request is submitted to its Secretary within which to consider the revision. Any request for revision which is not considered within the 15-day period shall be deemed approved. (c) Does not qualify pursuant to paragraph (a) or (b), it must be submitted to the Interim Finance Committee. Except as otherwise provided in NRS 353.3375 , the Interim Finance Committee has 45 days after the request is submitted to its Secretary within which to consider the revision. Any request which is not considered within the 45-day period shall be deemed approved.

6. The Secretary shall place each request submitted pursuant to paragraph (b) or (c) of subsection 5 on the agenda of the next meeting of the Interim Finance Committee.

7. In acting upon a proposed revision of a work program, the Interim Finance Committee shall consider, among other things: (a) The need for the proposed revision; and (b) The intent of the Legislature in approving the budget for the present biennium and originally enacting the statutes which the work program is designed to effectuate.

8. The provisions of subsection 4 do not apply to any request for the revision of a work program which is required: (a) As a result of the acceptance of a gift or grant of property or services pursuant to subsection 5 of NRS 353.335 ; or (b) To carry forward to a fiscal year, without a change in purpose, the unexpended balance of any money authorized for expenditure in the immediately preceding fiscal year.
Nev. Rev. Stat. § 354.715 — NV Code / Title 31 / Chapter 354 / Section 354.715
Severe financial emergency: Enforcement of compliance by local government with certain requests of Department of Taxation; penalties for willful failure to comply with requests
Status: in_force

1. If a local government or any officer or employee of the local government fails to comply with any request made by the Department pursuant to NRS 354.695 , the Department may apply to the district court to compel compliance.

2. In any proceeding brought pursuant to subsection 1, the Department may seek a declaration by the district court that the failure to comply with the request of the Department was willful. A willful failure to comply by any: (a) Officer of the local government works a forfeiture of his or her office. (b) Employee of the local government is grounds for dismissal from his or her employment.

3. Any officer or employee of the local government who willfully fails to comply with any request made by the Department pursuant to NRS 354.695 is guilty of a gross misdemeanor.
Nev. Rev. Stat. § 354.657 — NV Code / Title 31 / Chapter 354 / Section 354.657
Purpose; liberal construction
Status: in_force

1. The purpose of NRS 354.655 to 354.725 , inclusive, is to: (a) Restore and maintain the financial solvency of any local government in financial distress; (b) Provide basic functions for which a local government in financial distress is responsible; and (c) Provide a tiered program of financial oversight and assistance by the State based on the existing financial conditions of a local government, including, without limitation, placing the local government on fiscal watch, providing technical financial assistance to the local government and assisting the local government if it is found to exist in a state of severe financial emergency.

2. To accomplish the purpose set forth in subsection 1, the provisions of NRS 354.655 to 354.725 , inclusive, must be broadly and liberally construed.
Nev. Rev. Stat. § 354.725 — NV Code / Title 31 / Chapter 354 / Section 354.725
Severe financial emergency: Termination or modification of management of local government on motion of Nevada Tax Commission or at request of local government or Committee on Local Government Finance
Status: in_force

1. The Nevada Tax Commission may, on its own motion or at the request of a local government or the Committee, terminate the management of a local government by the Department at any time upon a finding that the severe financial emergency has ceased to exist.

2. The governing body of a local government which has complied with all requests made by the Department pursuant to NRS 354.695 may petition the Nevada Tax Commission for termination or modification of the management of the local government by the Department or of any request made by the Department pursuant to NRS 354.695 .

3. The Commission shall not terminate or modify the management of a local government pursuant to subsection 1 or 2 without first obtaining a recommendation from the Committee as to the termination or modification.

4. The Nevada Tax Commission shall provide notice, a hearing and a written decision on each such petition.

5. In determining whether a condition of severe financial emergency should be terminated, the Nevada Tax Commission shall give consideration to the following: (a) The local governing body has shown a desire and capability to manage the financial affairs of the local government in accordance with the provisions of NRS. (b) The local government has staff available with sufficient financial expertise that they can adequately control the finances of the local government. (c) All violations of statutes have been corrected. (d) The local government has no funds with deficit fund balances. (e) The local government has increased its revenues or made appropriate expenditure reductions so that it is anticipated that it can operate for the next fiscal year in a positive cash and fund balance position without imposing any increased or additional tax pursuant to NRS 354.705 . (f) The governing body has expressed a determination through a resolution submitted to the Department of Taxation to manage the affairs of the local government in accordance with the provisions of NRS relating to financial matters and utilizing sound accounting and financial management practices.

6. The Nevada Tax Commission may require the governing body to submit special reports to the Department for a period not to exceed 5 years as a condition of terminating the management of the local government by the Department.

7. When a petition relating to a specific request is denied, the governing body may not resubmit a petition to terminate or modify that request until 3 months following the date of denial.
Nev. Rev. Stat. § 356.130 — NV Code / Title 31 / Chapter 356 / Section 356.130
Release of county treasurer's bondsmen
Status: in_force

Whenever the written consent of any bondsman or bondsmen to deposit the county money in any insured banks, credit unions, savings and loan associations or savings banks has not been obtained, the bondsman or bondsmen must, upon giving notice as required by law, be released from all responsibility on the bond of the county treasurer.
Nev. Rev. Stat. § 353.2712 — NV Code / Title 31 / Chapter 353 / Section 353.2712
“Division” defined
Status: in_force

“ Division ” means the Division of Emergency Management of the Office of the Military.
Nev. Rev. Stat. § 354.721 — NV Code / Title 31 / Chapter 354 / Section 354.721
Severe financial emergency: Creation of Severe Financial Emergency Fund; investment and use of money in Fund; requirements relating to loans from Fund
Status: in_force

1. The Severe Financial Emergency Fund is hereby created in the State Treasury as a revolving fund. The Executive Director shall administer the Fund.

2. The money in the Fund must be invested as other state funds are invested. Any interest and income earned on the money in the Fund must, after deducting any applicable charges, be credited to the Fund.

3. Money in the Severe Financial Emergency Fund may be: (a) Distributed by the Executive Director as a loan to a local government for the purpose of paying the operating expenses and general obligations of the local government until the local government receives revenues if: (1) The Department takes over the management of a local government pursuant to NRS 354.685 to 354.725 , inclusive; (2) The Executive Director determines that a loan from the Severe Financial Emergency Fund is necessary to pay the operating expenses and general obligations of the local government; and (3) The local government adopts a resolution in which the local government agrees to: (I) Use the money only for the purpose of paying the operating expenses and general obligations of the local government until the local government receives revenues; and (II) Repay the entire amount of the loan, without any interest, to the Severe Financial Emergency Fund as soon as practicable, but not later than 24 months after the date on which the resolution is adopted. (b) Used for any other purpose authorized by the Legislature.

4. A loan approved by the Executive Director must be repaid as soon as practicable by the local government, but the duration of the loan must not exceed 24 months after the date on which the loan was made. The Executive Director shall not charge interest on a loan made pursuant to this section.

5. The Executive Director shall report to the Committee on Local Government Finance and to the Nevada Tax Commission as soon as practicable after the date that the loan is approved concerning: (a) The status of the loan; (b) The purposes for which the local government will use the money from the loan; and (c) The resources that the local government will use to repay the loan.
Nev. Rev. Stat. § 353D.230 — NV Code / Title 31 / Chapter 353D / Section 353D.230
Authority of Board of Trustees to borrow money or enter into certain procurement agreements; payment of administrative costs of Program and Trust
Status: in_force

<Section effective July 1, 2025. >

1. The Board may, to enable or facilitate the start up and continuing operation, maintenance, administration and management of the Program until the Board determines that the Program has accumulated sufficient balances and is able to generate sufficient funding for the Program to be financially self-sustaining: (a) Borrow money from the State, any unit of federal, state or local government or any other person, firm, partnership, corporation or entity; or (b) Enter into long-term procurement contracts with one or more financial providers if the Board determines that the fee structure of a contract allows or assists the Program to minimize or avoid the need to borrow money pursuant to paragraph (a) or to rely upon general assets of the State.

2. Money borrowed pursuant to subsection 1 must: (a) Be borrowed in the name of the Program and Board only; (b) Be repaid solely from the revenues of the Program; and (c) Not be repaid unless the money was offered contingent upon the promise of such repayment.

3. Within the limits of legislative appropriations, the State may pay on behalf of the Board administrative costs associated with the creation, maintenance, operation and management of the Program and Trust until the Board determines that sufficient assets are available in the Administrative Fund for that purpose. Thereafter, all administrative costs of the Program and Trust, including any repayment of start-up money provided by the State, must be repaid only out of money on deposit in the Administrative Fund.
Nev. Rev. Stat. § 354.250 — NV Code / Title 31 / Chapter 354 / Section 354.250
Action against county authorized if claimant aggrieved by action of board of county commissioners
Status: in_force

If any person shall feel aggrieved by the action taken by any board of county commissioners on any such claim, an action may be prosecuted thereon for and on behalf of any such person against the county as on other rejected county claims.
Nev. Rev. Stat. § 354.536 — NV Code / Title 31 / Chapter 354 / Section 354.536
“Governing body” defined
Status: in_force

“ Governing body ” means the board, council, commission or other body in which the general legislative and fiscal powers of the local government are vested.
Nev. Rev. Stat. § 355.250 — NV Code / Title 31 / Chapter 355 / Section 355.250
Definitions
Status: in_force

As used in NRS 355.250 to 355.285 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 355.255 , 355.260 and 355.265 have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 353A.041 — NV Code / Title 31 / Chapter 353A / Section 353A.041
Qualifications of Administrator; staff
Status: in_force

1. The Administrator must: (a) Be a certified public accountant certified by this state or a public accountant qualified pursuant to chapter 628 of NRS to practice public accounting in this state; (b) Be a certified internal auditor or government auditing professional; or (c) Have a master's degree in business administration, accounting, finance or a closely related field.

2. The Administrator must have at least 6 years of progressively responsible experience in professional auditing and performing internal audits or postaudits. The experience must include, without limitation, the performance of audits of governmental entities or of private business organizations, whether or not organized for profit.

3. The Administrator may employ, within the limits of legislative appropriations, such staff as is necessary to the performance of his or her duties.
Nev. Rev. Stat. § 353D.060 — NV Code / Title 31 / Chapter 353D / Section 353D.060
“Covered employee” defined
Status: in_force

<Section effective July 1, 2025. >

1. “ Covered employee ” means a person who: (a) Is employed by a covered employer for not less than 120 days; (b) Has wages or other compensation that is allocable to the State; and (c) Is at least 18 years of age.

2. For purposes of the investment, withdrawal, transfer, rollover or other distribution of an Individual Retirement Account, the term also includes the beneficiary of a deceased covered employee.

3. The term does not include: (a) Any employee covered under the federal Railway Labor Act, 45 U.S.C. §§ 151 et seq. ; (b) Any employee on whose behalf an employer makes contributions to a Taft-Hartley multiemployer pension trust fund; or (c) Any person who is an employee of the Federal Government, the State or any other state, county or municipal corporation, or any of this State's or any other state's units or instrumentalities.
Nev. Rev. Stat. § 354.190 — NV Code / Title 31 / Chapter 354 / Section 354.190
Payment of county debts after original allowance: Limitation; exceptions
Status: in_force

1. The owner of an indebtedness of a county must demand payment of the indebtedness from the county not later than 1 year after the date of the original allowance.

2. If the payment of an indebtedness of the county is not demanded within 1 year after the original allowance, except as otherwise provided in subsection 3, the payment thereof shall be forever barred.

3. If the payment of an indebtedness of the county is demanded more than 1 year after the original allowance, the board of county commissioners may allow the payment. Nothing in this subsection requires the board to allow the payment of an indebtedness that is demanded more than 1 year after the original allowance.

4. Nothing in this section shall be so construed as to affect or repeal any law providing for the redemption or funding of the indebtedness of any county.
Nev. Rev. Stat. § 353D.120 — NV Code / Title 31 / Chapter 353D / Section 353D.120
“Participant” defined
Status: in_force

<Section effective July 1, 2025. >

“ Participant ” means a person who contributes to an Individual Retirement Account established or maintained through the Program or has an account balance in an Individual Retirement Account established or maintained through the Program.
Nev. Rev. Stat. § 353C.190 — NV Code / Title 31 / Chapter 353C / Section 353C.190
State Controller may offset debt with amount owed to debtor by state agency; filing of claim on behalf of debtor; regulations
Status: in_force

1. The State Controller may offset any amount due an agency from a debtor against any amount owing to that debtor by any agency, regardless of whether the agency which owes the amount is the same agency to which the debtor owes the debt. Whenever the combined amount owing to a debtor by all agencies is insufficient to offset all the amounts due the agencies from the debtor, the State Controller shall allocate the amount available from the debtor among the agencies in such a manner as the State Controller determines is appropriate.

2. If a debtor who owes a debt to an agency has a claim against that agency or another agency and refuses or neglects to file the claim with the agency within a reasonable time, the State Controller may file the claim on behalf of the debtor. If the State Controller files the claim, it has the same force and effect as though filed by the debtor. The amount due the debtor from the agency is the net amount otherwise owing to the debtor after any offset as provided in this section.

3. The State Controller shall adopt such regulations as are necessary to carry out the provisions of this section, including, without limitation, the manner in which offsets will be allocated among agencies.
Nev. Rev. Stat. § 354.548 — NV Code / Title 31 / Chapter 354 / Section 354.548
“Liabilities” defined
Status: in_force

“Liabilities” means, for the purpose of financial reporting, debts or other legal obligations arising out of transactions in the past which must be liquidated or refunded at some future date.
Nev. Rev. Stat. § 353.268 — NV Code / Title 31 / Chapter 353 / Section 353.268
Recommendation by State Board of Examiners for allocation from Contingency Account
Status: in_force

1. When any state agency or officer, at a time when the Legislature is not in session, finds that circumstances for which the Legislature has made no other provision require an expenditure during the biennium of money in excess of the amount appropriated by the Legislature for the biennium for the support of that agency or officer, or for any program, including the State Education Fund, the agency or officer shall submit a request to the State Board of Examiners for an allocation by the Interim Finance Committee from the Contingency Account.

2. The State Board of Examiners shall consider the request, may require from the requester such additional information as they deem appropriate, and shall, if it finds that an allocation should be made, recommend the amount of the allocation to the Interim Finance Committee for its independent evaluation and action. The Interim Finance Committee is not bound to follow the recommendation of the State Board of Examiners.
Nev. Rev. Stat. § 355.280 — NV Code / Title 31 / Chapter 355 / Section 355.280
Transfer of money from State Permanent School Fund to corporation for public benefit: Prerequisites; maximum amount
Status: in_force

If the State Treasurer obtains the judicial determination required by subsection 3 of NRS 355.060 , the State Treasurer may transfer an amount not to exceed $75,000,000 from the State Permanent School Fund to the corporation for public benefit. Such a transfer must be made pursuant to an agreement that requires the corporation for public benefit to:

1. Provide, through the limited partnerships or limited-liability companies described in subsection 1 of NRS 355.270 , private equity funding; and

2. Ensure that more than 50 percent of all private equity funding provided by the corporation for public benefit, including, without limitation, private equity funding provided by a corporation for public benefit to a pooled fund that includes businesses located outside of this State, is provided to businesses: (a) Located in this State or seeking to locate in this State; and (b) Engaged primarily in one or more of the following industries: (1) Health care and life sciences. (2) Cyber security. (3) Homeland security and defense. (4) Alternative energy. (5) Advanced materials and manufacturing. (6) Information technology. (7) Any other industry that the board of directors of the corporation for public benefit determines will likely meet the targets for investment returns established by the corporation for public benefit for investments authorized by NRS 355.250 to 355.285 , inclusive, and comply with sound fiduciary principles.
Nev. Rev. Stat. § 353.351 — NV Code / Title 31 / Chapter 353 / Section 353.351
Temporary advance from State General Fund for certain authorized expenses of Aging and Disability Services Division of Department of Health and Human Services
Status: in_force

1. If the Administrator of the Aging and Disability Services Division of the Department of Health and Human Services determines that current claims exceed the amount of money available because revenue from billed services has not been collected, the Administrator may request from the Director of the Office of Finance a temporary advance from the State General Fund for the payment of authorized expenses.

2. The Director of the Office of Finance shall notify the State Controller and the Fiscal Analysis Division of the Legislative Counsel Bureau of the Director's approval of a request made pursuant to subsection 1. The State Controller shall draw his or her warrant upon receipt of the approval by the Director of the Office of Finance.

3. An advance from the State General Fund: (a) May be approved by the Director of the Office of Finance for the following budget accounts of the Aging and Disability Services Division of the Department of Health and Human Services: (1) Rural Regional Center; (2) Desert Regional Center; (3) Sierra Regional Center; and (4) Senior Services Program. (b) Is limited to 25 percent of the revenues expected to be received in the current fiscal year from any source other than legislative appropriation.

4. Any money which is temporarily advanced from the State General Fund to an account pursuant to subsection 3 must be repaid by August 31 following the end of the immediately preceding fiscal year.
Nev. Rev. Stat. § 354.6241 — NV Code / Title 31 / Chapter 354 / Section 354.6241
Contents of statement provided by local government to auditor; expenditure of excess reserves in certain funds; restrictions on use of budgeted ending fund balance in certain circumstances
Status: in_force

1. The statement required by paragraph (a) of subsection 5 of NRS 354.624 must indicate for each fund set forth in that paragraph: (a) Whether the fund is being used in accordance with the provisions of this chapter. (b) Whether the fund is being administered in accordance with generally accepted accounting procedures. (c) Whether the reserve in the fund is limited to an amount that is reasonable and necessary to carry out the purposes of the fund. (d) The sources of revenues available for the fund during the fiscal year, including transfers from any other funds. (e) The statutory and regulatory requirements applicable to the fund. (f) The balance and retained earnings of the fund.

2. Except as otherwise provided in subsections 3 and 4 and NRS 354.59891 and 354.613 , to the extent that the reserve in any fund set forth in paragraph (a) of subsection 5 of NRS 354.624 exceeds the amount that is reasonable and necessary to carry out the purposes for which the fund was created, the reserve may be expended by the local government pursuant to the provisions of chapter 288 of NRS .

3. For any local government other than a school district, for the purposes of chapter 288 of NRS , a budgeted ending fund balance of not more than 16.67 percent of the total budgeted expenditures, less capital outlay, for a general fund: (a) Is not subject to negotiations with an employee organization; and (b) Must not be considered by a fact finder or arbitrator in determining the financial ability of the local government to pay compensation or monetary benefits.

4. For a school district, for the purposes of chapter 288 of NRS : (a) A budgeted ending fund balance of not more than 12 percent of the total budgeted expenditures for a county school district fund: (1) Is not subject to negotiations with an employee organization; and (2) Must not be considered by a fact finder or arbitrator in determining the financial ability of the local government to pay compensation or monetary benefits; and (b) Any portion of a budgeted ending fund balance which exceeds 16.6 percent of the total budgeted expenditures for a county school district fund: (1) Is not subject to negotiations with an employee organization; and (2) Must not be considered by a fact finder or arbitrator in determining the financial ability of the local government to pay compensation or monetary benefits.
Nev. Rev. Stat. § 356.120 — NV Code / Title 31 / Chapter 356 / Section 356.120
Conditions for deposit in demand accounts
Status: in_force

A county treasurer may:

1. When one or more insured banks, insured credit unions, insured savings and loan associations or insured savings banks are located in the county, deposit county money in such insured banks, credit unions, savings and loan associations or savings banks in demand accounts.

2. When no such banks, credit unions, savings and loan associations or savings banks exist in the county, deposit county money in any insured bank, insured credit union, insured savings and loan association or insured savings bank in the State of Nevada in demand accounts.
Nev. Rev. Stat. § 353C.171 — NV Code / Title 31 / Chapter 353C / Section 353C.171
Withholding of income: State Controller authorized to require employer to withhold income to satisfy judgment; notice to person against whom judgment was entered explaining options to preclude withholding; effect of compliance with options
Status: in_force

1. If an agency or the State Controller obtains a judgment against a person for a debt owed to an agency that has been assigned to the State Controller for collection pursuant to NRS 353C.195 , the State Controller may, in addition to any other manner of executing the judgment provided by law, require each employer of the person to withhold income from the person's wages and pay it over to the State Controller in accordance with the provisions of NRS 353C.171 to 353C.179 , inclusive.

2. Before the State Controller may require an employer of a person to withhold income from the person's wages and pay it over to the State Controller, the State Controller shall provide to the person a notice, sent by certified mail to the person's last known address, explaining that if the person does not: (a) Enter into an agreement with the State Controller pursuant to NRS 353C.130 to provide for the payment of the debt, and any penalty and interest, on an installment basis; or (b) Pay the debt in full, including, without limitation, any penalty and interest, within 15 days after the date on which the notice is postmarked, the State Controller will require each employer of the person to withhold income from the person's wages and turn it over to the State Controller in accordance with NRS 353C.171 to 353C.179 , inclusive.

3. If, within 15 days after the date on which the notice required pursuant to subsection 2 is postmarked, a person complies with the provisions of paragraph (a) or (b) of subsection 2, the State Controller may not require any employer of the person to withhold income from the person's wages.
Nev. Rev. Stat. § 353.1465 — NV Code / Title 31 / Chapter 353 / Section 353.1465
Acceptance of credit cards, debit cards and electronic transfers of money: Prerequisites; fees for use; regulations
Status: in_force

1. Upon approval of the State Board of Finance, a state agency may enter into contracts with issuers of credit cards or debit cards or operators of systems that provide for the electronic transfer of money to provide for the acceptance of credit cards, debit cards or electronic transfers of money by the agency: (a) For the payment of money owed to the agency for taxes, interest, penalties or any other obligation; or (b) In payment for goods or services.

2. Before a state agency may enter into a contract pursuant to subsection 1, the agency must submit the proposed contract to the State Treasurer for his or her review and transmittal to the State Board of Finance. The agency shall coordinate the administration of the contract with the State Treasurer to ensure that the State Treasurer is able to track and reconcile payment information pursuant to the contract.

3. Except as otherwise provided in subsection 4, if the issuer or operator charges the state agency a fee for each use of a credit card or debit card or for each electronic transfer of money, the state agency may require the cardholder or the person requesting the electronic transfer of money to pay a convenience fee when appropriate and authorized. The total convenience fees charged by the state agency in a fiscal year must not exceed the total amount of fees charged to the state agency by the issuer or operator in that fiscal year.

4. A state agency that is required to pay a fee charged by the issuer or operator for the use of a credit card or debit card or for an electronic transfer of money may, pursuant to NRS 353.148 , file a claim with the Director of the Office of Finance for reimbursement of the fees paid to the issuer or operator during the immediately preceding quarter.

5. The Director of the Office of Finance shall adopt regulations providing for the submission of payments to state agencies pursuant to contracts authorized by this section. The regulations must not conflict with a regulation adopted pursuant to NRS 360.092 or 360A.020 .

6. As used in this section: (a) “ Cardholder ” means the person or organization named on the face of a credit card or debit card to whom or for whose benefit the credit card or debit card is issued by an issuer. (b) “ Convenience fee ” means a fee paid by a cardholder or person requesting the electronic transfer of money to a state agency for the convenience of using the credit card or debit card or the electronic transfer of money to make such payment. (c) “ Credit card ” means any instrument or device, whether known as a credit card or credit plate or by any other name, issued with or without a fee by an issuer for the use of the cardholder in obtaining money, property, goods, services or anything else of value on credit. (d) “ Debit card ” means any instrument or device, whether known as a debit card or by any other name, issued with or without a fee by an issuer for the use of the cardholder in depositing, obtaining or transferring funds. (e) “Electronic transfer of money” has the meaning ascribed to it in NRS 463.01473 . (f) “ Issuer ” means a business organization, financial institution or authorized agent of a business organization or financial institution that issues a credit card or debit card.
Nev. Rev. Stat. § 353B.100 — NV Code / Title 31 / Chapter 353B / Section 353B.100
Prepaid tuition contracts: Authority of Board to enter; required provisions
Status: in_force

1. The Board may enter into a prepaid tuition contract with a purchaser.

2. The Board shall create a prepaid tuition contract in accordance with the provisions of this section.

3. The prepaid tuition contract must include, without limitation: (a) The terms and conditions under which the purchaser shall remit payment, including, without limitation: (1) The amount and number of payments that are required from the purchaser on behalf of the qualified beneficiary; (2) The date upon which each payment is due; and (3) A provision for a reasonable penalty for a delinquent payment or default. (b) The name and date of birth of the qualified beneficiary on whose behalf the prepaid tuition contract is drawn. (c) The terms and conditions under which another person may be substituted as the qualified beneficiary. (d) The terms and conditions under which the purchaser, or another person designated by the purchaser, may terminate the prepaid tuition contract, receive a refund of money that he or she has paid into the Trust Fund or withdraw money that he or she has paid into the Trust Fund, including, without limitation, a provision allowing the Board to impose a fee that amounts to more than a de minimis penalty. (e) A provision that the Board shall, after making a reasonable effort to contact the purchaser, report any money that has been deposited under a prepaid tuition contract that has not been terminated and has not been used within a specified period to the State Treasurer for proper disposition. (f) The number of semesters for which the purchaser is contracting. (g) A provision that money paid into the Trust Fund under a prepaid tuition contract may be applied toward tuition for an undergraduate degree at: (1) A university, state college or community college that is a member of the System; (2) An accredited college or university in this State that is not a member of the System; or (3) An accredited community college, college or university in another state. Payments authorized pursuant to subparagraph (2) or (3) must not exceed the projected highest payment for tuition for the current academic year at a university that is a member of the System. (h) A provision that any money under a prepaid tuition contract that is remaining after a qualified beneficiary has graduated with an undergraduate degree may be applied toward tuition for graduate-level studies at: (1) A university, state college or community college that is a member of the System; (2) An accredited college or university in this State that is not a member of the System; or (3) An accredited community college, college or university in another state. Payments authorized pursuant to this paragraph may not exceed the total amount payable under the prepaid tuition contract of the qualified beneficiary. (i) Any other term or condition that the Board considers necessary or proper.
Nev. Rev. Stat. § 354.140 — NV Code / Title 31 / Chapter 354 / Section 354.140
Distribution of federal money from forest reserves; reimbursement for cost of audit
Status: in_force

1. The money paid to the State of Nevada by the Secretary of the Treasury under the provisions of 16 U.S.C. § 500 , providing for the payment to states and territories of a fixed percentage of the money received by the Government of the United States from the forest reserves established therein, must be distributed respectively to the county or counties in which the forest reserves are situated, to be expended for the benefit of the public schools and the public roads of the county or counties in equal proportion for each object. The proportion for schools must be paid into the county school district fund. If there is a county road fund, the proportion for roads must be paid into the county road fund. If there is no county road fund, the proportion for roads must be paid into the county general fund for public road purposes.

2. When any forest reserve is in more than one state or county, the distributive share to each must be proportional to its area therein, following as near as may be the figures submitted to the State of Nevada respecting net forest area and county acreage therein by the Forest Service, United States Department of Agriculture.

3. The agency which is responsible for completing any audit required for the continuation of the payments must be reimbursed for the cost of the audit from the funds to which the payments were distributed proportionately according to the percentage of the payment which was distributed to each fund.
Nev. Rev. Stat. § 354.598747 — NV Code / Title 31 / Chapter 354 / Section 354.598747
Calculation of amount distributed from Local Government Tax Distribution Account to local government, special district or enterprise district that assumes functions of another local government or district
Status: in_force

1. To calculate the amount to be distributed pursuant to the provisions of NRS 360.680 and 360.690 from a county's subaccount in the Local Government Tax Distribution Account to a local government, special district or enterprise district after it assumes the functions of another local government, special district or enterprise district: (a) Except as otherwise provided in this section, the Executive Director of the Department of Taxation shall: (1) Add the amounts calculated pursuant to subsection 1 or 2 of NRS 360.680 for each local government, special district or enterprise district and allocate the combined amount to the local government, special district or enterprise district that assumes the functions; and (2) If applicable, add the average change in population and average change in the assessed valuation of taxable property that would otherwise be allowed to the local government or special district whose functions are assumed, including the assessed valuation attributable to a redevelopment agency but excluding the portion attributable to the net proceeds of minerals, pursuant to subsection 4 or 5 of NRS 360.690 , as appropriate, to the average change in population and average change in assessed valuation for the local government, special district or enterprise district that assumes the functions. (b) If two or more local governments, special districts or enterprise districts assume the functions of another local government, special district or enterprise district, the additional revenue must be divided among the local governments, special districts or enterprise districts that assume the functions on the basis of the proportionate costs of the functions assumed. The Nevada Tax Commission shall not allow any increase in the allowed revenue from the taxes contained in the county's subaccount in the Local Government Tax Distribution Account if the increase would result in a decrease in revenue of any local government, special district or enterprise district in the county that does not assume those functions. If more than one local government, special district or enterprise district assumes the functions, the Nevada Tax Commission shall determine the appropriate amounts calculated pursuant to subparagraphs (1) and (2) of paragraph (a).

2. If a city disincorporates, the board of county commissioners of the county in which the city is located must determine the amount the unincorporated town created by the disincorporation will receive pursuant to the provisions of NRS 360.600 to 360.740 , inclusive.

3. As used in this section: (a) “Enterprise district” has the meaning ascribed to it in NRS 360.620 . (b) “Local government” has the meaning ascribed to it in NRS 360.640 . (c) “Special district” has the meaning ascribed to it in NRS 360.650 .
Nev. Rev. Stat. § 353.305 — NV Code / Title 31 / Chapter 353 / Section 353.305
“Fund” defined
Status: in_force

“Fund” means a fiscal and accounting entity with a self-balancing set of accounts recording cash and other financial resources, together with all related liabilities and residual equities or balances, and changes therein, which are segregated to carry on specific activities or attain certain objectives in accordance with special regulations, restrictions or limitations.
Nev. Rev. Stat. § 353B.310 — NV Code / Title 31 / Chapter 353B / Section 353B.310
Regulations
Status: in_force

1. The Board shall adopt regulations to establish and carry out the Nevada College Savings Program, which must comply with the requirements of a qualified state tuition program pursuant to 26 U.S.C. § 529 .

2. The regulations must be consistent with the provisions of the Internal Revenue Code set forth in Title 26 of the United States Code, and the regulations adopted pursuant thereto, to ensure that the Nevada College Savings Program meets all criteria for federal tax-deferred or tax-exempt benefits, or both.

3. The regulations must provide for the use of savings trust agreements and savings trust accounts to apply distributions toward qualified higher education expenses at eligible educational institutions in accordance with 26 U.S.C. § 529 .

4. The regulations must set forth requirements for a payment received by the Trust Fund as a matching contribution made as described in NRS 363A.137 or 363B.117 to be credited to the savings trust account to which the contribution was made.

5. The regulations may include any other provisions not inconsistent with federal law that the Board determines are necessary for the efficient and effective administration of the Nevada College Savings Program and the Trust Fund.
Nev. Rev. Stat. § 354.476 — NV Code / Title 31 / Chapter 354 / Section 354.476
Definitions
Status: in_force

As used in NRS 354.470 to 354.626 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 354.479 to 354.578 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 357.070 — NV Code / Title 31 / Chapter 357 / Section 357.070
Investigation and action by Attorney General or certain designees
Status: in_force

1. Except as otherwise provided in subsection 2, the Attorney General shall investigate diligently any alleged liability pursuant to this chapter and may bring a civil action pursuant to this chapter against the person liable.

2. A district attorney or city attorney may accept a designation from the Attorney General to investigate any alleged liability pursuant to this chapter and may bring a civil action pursuant to this chapter against the person liable.
Nev. Rev. Stat. § 353.260 — NV Code / Title 31 / Chapter 353 / Section 353.260
Spending in excess of amount appropriated prohibited; claim void; penalties
Status: in_force

1. It is unlawful for any state officer, commissioner, head of any state department or other employee, whether elected or appointed, to expend more money than the sum specifically appropriated by law for any such office, commission or department.

2. It is unlawful for any state officer, commissioner, head of any department or employee of this state to bind, or attempt to bind, the State of Nevada or any fund or department thereof in any amount in excess of the specific amount provided by law, or in any other manner than that provided by law, for any purpose whatever.

3. Every claim allowed in violation of the provisions of this section shall be void.

4. Every officer of the State of Nevada, elective or appointive, who violates any of the provisions of this section shall be guilty of malfeasance in office.

5. Every person other than those specified in subsection 4 who violates any of the provisions of this section shall be guilty of a misdemeanor.
Nev. Rev. Stat. § 353.2961 — NV Code / Title 31 / Chapter 353 / Section 353.2961
“Account group” defined
Status: in_force

“Account group” means an independent self-balancing group of accounts set up to account for such matters as the principal and interest on unmatured general obligation bonds and certain fixed assets of the State which do not come within the definition of fund.
Nev. Rev. Stat. § 353.660 — NV Code / Title 31 / Chapter 353 / Section 353.660
State Controller: Entry into reciprocal agreement with Federal Government for collection and offset of indebtedness
Status: in_force

The State Controller or his or her designee may enter into a reciprocal agreement with the Federal Government for the collection and offset of indebtedness, pursuant to which the State will offset from state tax refunds and from payments otherwise due to vendors and contractors providing goods or services to the departments, agencies or institutions of this State, non tax related debt owed to the Federal Government, and the Federal Government will offset from federal payments to vendors and taxpayers debt owed to the State of Nevada.
Nev. Rev. Stat. § 355.315 — NV Code / Title 31 / Chapter 355 / Section 355.315
“Direct holdings” defined
Status: in_force

“ Direct holdings ” means all publicly traded equity securities of a company that are held directly by the public fund or in an account or fund in which the public fund owns all shares or interests.
Nev. Rev. Stat. § 353D.020 — NV Code / Title 31 / Chapter 353D / Section 353D.020
“Administrative fund” defined
Status: in_force

<Section effective July 1, 2025. >

“ Administrative Fund ” means the Nevada Employee Savings Trust Administrative Fund created by NRS 353D.360 .
Nev. Rev. Stat. § 353A.045 — NV Code / Title 31 / Chapter 353A / Section 353A.045
Duties of Administrator
Status: in_force

The Administrator shall:

1. Report to the Director.

2. Develop long-term and annual work plans to be based on the results of periodic documented risk assessments. The annual work plan must list the agencies to which the Division will provide training and assistance and be submitted to the Director for approval. Such agencies must not include: (a) A board created by the provisions of NRS 590.485 and chapters 623 to 625A, inclusive, 628, 630 to 644A, inclusive, 648, 654 and 656 of NRS. (b) The Nevada System of Higher Education. (c) The Public Employees' Retirement System. (d) The Housing Division of the Department of Business and Industry. (e) The Colorado River Commission of Nevada.

3. Provide a copy of the approved annual work plan to the Legislative Auditor.

4. In consultation with the Director, prepare a plan for auditing executive branch agencies for each fiscal year and present the plan to the Committee for its review and approval. Each plan for auditing must: (a) State the agencies which will be audited, the proposed scope and assignment of those audits and the related resources which will be used for those audits; and (b) Ensure that the internal accounting, administrative controls and financial management of each agency are reviewed periodically.

5. Perform the audits of the programs and activities of the agencies in accordance with the plan approved pursuant to subsection 5 of NRS 353A.038 and prepare audit reports of his or her findings.

6. Review each agency that is audited pursuant to subsection 5 and advise those agencies concerning internal accounting, administrative controls and financial management.

7. Submit to each agency that is audited pursuant to subsection 5 analyses, appraisals and recommendations concerning: (a) The adequacy of the internal accounting and administrative controls of the agency; and (b) The efficiency and effectiveness of the management of the agency.

8. Report any possible abuses, illegal actions, errors, omissions and conflicts of interest of which the Division becomes aware during the performance of an audit.

9. Adopt the standards of The Institute of Internal Auditors for conducting and reporting on internal audits.

10. Consult with the Legislative Auditor concerning the plan for auditing and the scope of audits to avoid duplication of effort and undue disruption of the functions of agencies that are audited pursuant to subsection 5.
Nev. Rev. Stat. § 355.285 — NV Code / Title 31 / Chapter 355 / Section 355.285
State Treasurer: Regulations; authority to establish Business Leadership Council; duties
Status: in_force

The State Treasurer:

1. May adopt such regulations as he or she deems necessary to carry out the provisions of NRS 355.250 to 355.285 , inclusive.

2. Shall adopt regulations: (a) Requiring the performance of audits and the submission of reports to ensure compliance with the provisions of NRS 355.250 to 355.285 , inclusive, and the regulations adopted pursuant to this section; (b) Providing for appropriate leveraging of investments to ensure that investments consist of money transferred from the State Permanent School Fund pursuant to NRS 355.280 and money from private sources; (c) Establishing a range or cap on servicing fees; (d) Establishing limits on the amount or percentage of investment in a single venture capital project or by a fund manager; and (e) Requiring the return of the corpus of investments after a defined investment period.

3. May adopt regulations which include, without limitation, criteria for determining eligibility for and use of private equity funding, but the corporation for public benefit must have sole authority for the approval of applications for and the management of private equity funding provided pursuant to NRS 355.250 to 355.285 , inclusive.

4. May, by regulation, establish a Business Leadership Council. The members of the Business Leadership Council must serve without compensation and are subject to the provisions of chapter 281A of NRS .

5. Shall provide the corporation for public benefit with such assistance as is necessary to carry out the provisions of NRS 355.250 to 355.285 , inclusive, and comply with the regulations adopted pursuant to this section.

6. Shall ensure that businesses receiving venture capital investments pursuant to NRS 355.250 to 355.285 , inclusive, have a presence in this State as evidenced by: (a) Being domiciled in this State; (b) Having a headquarters in this State; (c) Having a significant percentage of employees residing in this State; or (d) Being in the process of expanding in this State or relocating to this State.
Nev. Rev. Stat. § 353.254 — NV Code / Title 31 / Chapter 353 / Section 353.254
Intergovernmental Fund
Status: in_force

The State Controller shall account for all amounts received by the State for distribution to local governments and all amounts received from local governments for distribution to state funds through the Intergovernmental Fund which is hereby created as an agency fund.
Nev. Rev. Stat. § 353B.010 — NV Code / Title 31 / Chapter 353B / Section 353B.010
Definitions
Status: in_force

As used in NRS 353B.010 to 353B.190 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 353B.030 to 353B.070 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 354.510 — NV Code / Title 31 / Chapter 354 / Section 354.510
“Debt service fund” defined
Status: in_force

“ Debt service fund ” means a fund to account for the accumulation of resources for and the payment of principal or interest on any general long-term debt or medium-term obligation.
Nev. Rev. Stat. § 353.3375 — NV Code / Title 31 / Chapter 353 / Section 353.3375
Grant from Federal Government: Authority to request provisional approval of Interim Finance Committee; circumstances requiring additional approval of Interim Finance Committee
Status: in_force

1. A department, institution or agency of the Executive Department of the State Government that is required to have the approval of the Interim Finance Committee to accept a grant from the Federal Government and revise a work program to implement the grant may, upon submission of the application for the grant to the Federal Government, request that the Interim Finance Committee grant provisional approval for the department, institution or agency to accept the grant and revise the work program.

2. The Secretary of the Interim Finance Committee shall place a request submitted pursuant to subsection 1 on the agenda at the next meeting of the Interim Finance Committee.

3. If the Interim Finance Committee grants provisional approval for the department, institution or agency to accept the grant and revise the work program pursuant to subsection 1, the department, institution or agency is not required to obtain any additional approval from the Interim Finance Committee pursuant to NRS 353.220 and 353.335 , unless the actual amount of the grant or change to the work program exceeds the greater of: (a) The amount provisionally approved by the Interim Finance Committee, plus 10 percent; or (b) The amount provisionally approved by the Interim Finance Committee, plus $75,000.
Nev. Rev. Stat. § 353C.200 — NV Code / Title 31 / Chapter 353C / Section 353C.200
Contract with private debt collector: Conditions; provisions regarding costs of and fees for collecting debt
Status: in_force

1. Except as otherwise provided in subsection 2, if an agency has assigned a debt to the State Controller for collection pursuant to NRS 353C.195 , the State Controller may enter into a contract with a private debt collector or any other person for the assignment of the collection of the debt if the State Controller: (a) Determines the assignment is likely to generate more net revenue than equivalent efforts by the State Controller to collect the debt, including collection efforts pursuant to this chapter; (b) Determines the assignment will not compromise future collections of state revenue; and (c) Notifies the debtor in writing at his or her address of record that the debt will be turned over for private collection unless the debtor: (1) Pays the debt in full; or (2) Enters into an agreement, pursuant to NRS 353C.130 , for the payment of the debt on an installment basis.

2. A contract for the assignment of the collection of a debt may provide for: (a) Payment by the State Controller to the private debt collector or other person of the costs of collection and fees for collecting the debt; or (b) Collection by the private debt collector or other person from the debtor of the costs of collection and fees for collecting the debt.
Nev. Rev. Stat. § 353.269 — NV Code / Title 31 / Chapter 353 / Section 353.269
Action by Interim Finance Committee; transfer by State Controller
Status: in_force

1. The recommendation of the State Board of Examiners for an allocation from the Contingency Account shall be transmitted to the Director of the Legislative Counsel Bureau, who shall notify the Chair of the Interim Finance Committee. The Chair shall call a meeting of the Committee to consider the recommendation.

2. No allocation from the Contingency Account may be made by the Interim Finance Committee to effect salary increases for state officers and employees except as provided in NRS 281.1233 .

3. If the Interim Finance Committee, after independent determination, finds that an allocation recommended by the State Board of Examiners should and may lawfully be made, the Committee shall by resolution establish the amount and purpose of the allocation, and direct the State Controller to transfer that amount to the appropriate fund and account. The State Controller shall thereupon make the transfer.
Nev. Rev. Stat. § 353.257 — NV Code / Title 31 / Chapter 353 / Section 353.257
Transfer of balance of appropriated money from specific fund to State General Fund by State Controller where no provision for reversion was made; consent of state agency and recommendation from State Board of Examiners required
Status: in_force

Whenever moneys have been appropriated from the General Fund to a specific fund created for the purpose of carrying on certain activities or accomplishing certain objectives, and no provision has been made for the reversion to the General Fund of any moneys which remain in such specific fund after the completion of the activities or the accomplishment of the objectives for which such fund was created, the State Controller may order the transfer to the General Fund of such moneys upon obtaining an appropriate recommendation from the State Board of Examiners and the consent of the agency having control of the specific fund involved.
Nev. Rev. Stat. § 356.230 — NV Code / Title 31 / Chapter 356 / Section 356.230
Penalty
Status: in_force

Any person, firm, company or corporation violating any of the provisions of NRS 356.210 and 356.220 shall be guilty of a misdemeanor.
Nev. Rev. Stat. § 354.608 — NV Code / Title 31 / Chapter 354 / Section 354.608
Contingency account: Establishment; limit on appropriations; expenditures
Status: in_force

A contingency account may be established in any governmental fund. The maximum amount which may be appropriated for such a contingency account is 3 percent of the money otherwise appropriated to the fund, exclusive of any amounts to be transferred to other funds. No expenditure may be made directly from such a contingency account, except as a transfer to the appropriate account, and then only in accordance with the procedure established in NRS 354.598005 .
Nev. Rev. Stat. § 354.5989 — NV Code / Title 31 / Chapter 354 / Section 354.5989
Limitations on fees for business licenses; exceptions
Status: in_force

1. A local government shall not increase any fee for a business license or adopt a fee for a business license issued for revenue or regulation, or both, except as permitted by this section. This prohibition does not apply to fees: (a) Imposed by hospitals, county airports, airport authorities, convention authorities, the Las Vegas Valley Water District or the Clark County Sanitation District; (b) Imposed on public utilities for the privilege of doing business pursuant to a franchise; (c) Imposed in compliance with the provisions of NRS 711.670 on video service providers for the privilege of doing business pursuant to chapter 711 of NRS ; (d) For business licenses which are calculated as a fraction or percentage of the gross revenue of the business; (e) Imposed pursuant to NRS 244.348 , 268.0973 , 268.821 or 269.182 ; or (f) Regulated pursuant to NRS 354.59881 to 354.59889 , inclusive.

2. The amount of revenue the local government derives or is allowed to derive, whichever is greater, from all fees for business licenses except: (a) The fees excluded by subsection 1, for the fiscal year ended on June 30, 1991; and (b) The fees collected for a particular type of business during the immediately preceding fiscal year ending on June 30 that a local government will not collect in the next subsequent fiscal year, is the base from which the maximum allowable revenue from such fees must be calculated for the next subsequent fiscal year. To the base must be added the sum of the amounts respectively equal to the product of the base multiplied by the percentage increase in the population of the local government added to the percentage increase in the Consumer Price Index for the year ending on December 31 next preceding the year for which the limit is being calculated. The amount so determined becomes the base for computing the allowed increase for each subsequent year.

3. A local government may not increase any fee for a business license which is calculated as a fraction or percentage of the gross revenue of the business if its total revenues from such fees have increased during the preceding fiscal year by more than the increase in the Consumer Price Index during that preceding calendar year. The provisions of this subsection do not apply to a fee: (a) Imposed in compliance with the provisions of NRS 711.670 on video service providers for the privilege of doing business pursuant to chapter 711 of NRS ; (b) Imposed pursuant to NRS 244.348 , 268.0973 , 268.821 or 269.182 ; or (c) Regulated pursuant to NRS 354.59881 to 354.59889 , inclusive.

4. A local government may submit an application to increase its revenue from fees for business licenses beyond the amount allowable pursuant to this section to the Nevada Tax Commission, which may grant the application only if it finds that the rate of a business license of the local government is substantially below that of other local governments in the State.

5. The provisions of this section apply to a business license regardless of the fund to which the revenue from it is assigned. An ordinance or resolution enacted by a local government in violation of the provisions of this section is void.

6. As used in this section, “fee for a business license” does not include a tax imposed on the revenues from the rental of transient lodging.
Nev. Rev. Stat. § 353.580 — NV Code / Title 31 / Chapter 353 / Section 353.580
Exemption of agreement from requirement of competitive bidding or other restrictions on procedure for awarding contracts
Status: in_force

An agreement entered into pursuant to NRS 353.500 to 353.630 , inclusive, is not subject to any requirement of competitive bidding or other restriction imposed on the procedure for the awarding of contracts.
Nev. Rev. Stat. § 354.598813 — NV Code / Title 31 / Chapter 354 / Section 354.598813
Limitations on fees applicable to public utilities: “Delinquent amount” defined
Status: in_force

“Delinquent amount” means any portion of a fee collected from a customer by a public utility that is not paid to the city or county by the public utility within 30 days after the last day of the quarter in which the fee is due.
Nev. Rev. Stat. § 353B.095 — NV Code / Title 31 / Chapter 353B / Section 353B.095
Delegation by Board of administrative powers and duties to State Treasurer
Status: in_force

The Board may delegate to the State Treasurer any of its administrative powers and duties specified in NRS 353B.010 to 353B.190 , inclusive, if the Board determines that such delegation is necessary for the efficient and effective administration of the Nevada Higher Education Prepaid Tuition Program and the Trust Fund.
Nev. Rev. Stat. § 353.520 — NV Code / Title 31 / Chapter 353 / Section 353.520
“Board” defined
Status: in_force

“Board” means the State Board of Finance.
Nev. Rev. Stat. § 353B.008 — NV Code / Title 31 / Chapter 353B / Section 353B.008
Prepaid tuition program or college savings program must not prohibit participation based solely on immigration or citizenship status
Status: in_force

A prepaid tuition program or college savings program established pursuant to this chapter must not prohibit a person or his or her family from participating in such a program based solely on the immigration or citizenship status of the person or his or her family.
Nev. Rev. Stat. § 356.220 — NV Code / Title 31 / Chapter 356 / Section 356.220
Certificate to be attached to depository bond
Status: in_force

A public officer shall not accept any such depository bond unless there is attached thereto a certificate, under oath, of some authorized officer or agent of the surety company to the effect that, at the time of executing the bond, no stockholder or director of the surety company furnishing the bond is a stockholder, member or director in any banking or trust company, insured credit union, insured savings and loan association or insured savings bank in which the public money is or is to be deposited knowingly.
Nev. Rev. Stat. § 354.255 — NV Code / Title 31 / Chapter 354 / Section 354.255
Establishment of uniform procedures for collection of accounts and removal of uncollectible accounts
Status: in_force

1. The board of county commissioners of each county shall establish uniform procedures for the collection of accounts receivable owed to the county and the removal of uncollectible accounts receivable from the records of the county. The procedures may provide for the collection of accounts receivable by a centralized collection system established pursuant to NRS 244.207 or by the office of the district attorney.

2. The procedures established pursuant to subsection 1 must provide for: (a) The steps a department of the county must follow in collecting an account receivable, including a requirement that a department send a follow-up invoice to each debtor at 30-, 60- and 90-day intervals; (b) The transfer of an account receivable to the centralized collection system or the district attorney for collection if the department is unsuccessful in its efforts to collect the account receivable; (c) Review by the centralized collection system or the district attorney of each account receivable that is transferred for collection and a determination of whether the account receivable is collectible or uncollectible; and (d) Application by the county auditor to the board of county commissioners to have the amount of the account receivable and the name of the debtor removed from the records of the county.
Nev. Rev. Stat. § 353C.030 — NV Code / Title 31 / Chapter 353C / Section 353C.030
“Agreement” defined
Status: in_force

“Agreement” means a transaction between one or more persons and an agency or the State of Nevada whereby each party to the transaction becomes obligated to the other with reciprocal rights to demand performance of what is promised by the other.
Nev. Rev. Stat. § 356.370 — NV Code / Title 31 / Chapter 356 / Section 356.370
Levy of assessment; notice regarding assessment
Status: in_force

1. Once each fiscal year, the State Treasurer shall levy a pro rata assessment against each depository that participated in the program established pursuant to NRS 356.350 at any time during the immediately preceding fiscal year.

2. The amount of the assessment levied pursuant to subsection 1 must be based on the average weekly deposits of public money held by a depository.

3. The State Treasurer shall provide to each depository a notice setting forth: (a) The amount of the assessment levied against the depository pursuant to subsection 1; and (b) The provisions of NRS 356.380 .
Nev. Rev. Stat. § 353.3245 — NV Code / Title 31 / Chapter 353 / Section 353.3245
Generally accepted principles of accounting to be followed; State Controller to be provided with information for accounting
Status: in_force

1. Generally accepted accounting principles must be followed throughout the accounting procedures and reporting of the State's financial position and results of operations in each fiscal period for each fund and account group.

2. Any elective state officer, any state board or commission and any head of a state department shall provide to the State Controller, when requested, the necessary accounting information for him or her to report the financial position and results of operations of the state funds and account groups.
Nev. Rev. Stat. § 353.030 — NV Code / Title 31 / Chapter 353 / Section 353.030
Chair
Status: in_force

The Governor shall act as Chair of the State Board of Examiners. In the absence of the Governor, the Secretary of State shall act as Chair.
Nev. Rev. Stat. § 354.625 — NV Code / Title 31 / Chapter 354 / Section 354.625
Records relating to property and equipment; control of inventory
Status: in_force

The governing body of every local government shall:

1. Cause to be established and maintained adequate property and equipment records and, where appropriate, adequate inventory controls. Any local government created after July 1, 1975, shall establish such records and controls within 1 year after its creation unless the Department of Taxation grants an extension of time.

2. Require that all such property, equipment and inventory records clearly indicate specific ownership.

3. Designate, by entry in the minutes of the governing body, the officer, employee or officers or employees responsible for the maintenance of property and equipment records and, where appropriate, inventory records, and notify the Department of Taxation of such designation.
Nev. Rev. Stat. § 355.180 — NV Code / Title 31 / Chapter 355 / Section 355.180
Bonds of Home Owners' Loan Corporation and Federal Home Loan Bank are legal investments
Status: in_force

It shall be legal for this state and any of its departments or political subdivisions, or any political or public corporation, or any instrumentality of the State to invest their funds, or moneys in their custody, in the bonds of the Home Owners' Loan Corporation or in the bonds of any Federal Home Loan Bank, or in consolidated Federal Home Loan Bank bonds, debentures or notes.
Nev. Rev. Stat. § 355.070 — NV Code / Title 31 / Chapter 355 / Section 355.070
Determinations to be made before investment; opinion of Attorney General
Status: in_force

1. Except as otherwise provided in subsection 3, the State Treasurer shall: (a) Make diligent inquiry as to the financial standing and responsibility of any state, county or person in whose bonds or securities on agricultural lands the State Treasurer proposes to invest. (b) Require the Attorney General to: (1) Give his or her written legal opinion as to the validity of any act of any state or county under which the bonds or securities are issued and authorized and in which the State Treasurer contemplates investment. (2) Examine and give his or her written opinion upon the title and the abstract of title of all agricultural land on which the State contemplates taking mortgages.

2. If the State Treasurer is satisfied as to the financial standing and responsibility of the state or county whose bonds or securities the State Treasurer proposes to purchase, or is satisfied of the financial standing and responsibility of the person whose mortgages on agricultural land are offered to the State, and the Attorney General gives his or her written opinion that the act under which the bonds or securities are issued is valid and that the issues were regularly made, or approves the abstract of title of the agricultural land proposed to be mortgaged, the State Treasurer may make the investment.

3. The provisions of this section do not apply to loans of money from the State Permanent School Fund made pursuant to NRS 387.526 .
Nev. Rev. Stat. § 353.185 — NV Code / Title 31 / Chapter 353 / Section 353.185
General powers and duties of Chief of Budget Division
Status: in_force

The powers and duties of the Chief are:

1. To appraise the quantity and quality of services rendered by each agency in the Executive Department of the State Government, and the needs for such services and for any new services.

2. To develop plans for improvements and economies in organization and operation of the Executive Department, and to install such plans as are approved by the respective heads of the various agencies of the Executive Department, or as are directed to be installed by the Governor or the Legislature.

3. To cooperate with the State Public Works Division of the Department of Administration in developing comprehensive, long-range plans for capital improvements and the means for financing them.

4. To devise and prescribe the forms for reports on the operations of the agencies in the Executive Department to be required periodically from the several agencies in the Executive Department, and to require the several agencies to make such reports.

5. To prepare the executive budget report for the Governor's approval and submission to the Legislature.

6. To prepare a proposed budget for the Executive Department of the State Government for the next 2 fiscal years, which must: (a) Present a complete financial plan for the next 2 fiscal years; (b) Set forth all proposed expenditures for the administration, operation and maintenance of the departments, institutions and agencies of the Executive Department of the State Government, including those operating on funds designated for specific purposes by the Constitution or otherwise, which must include a separate statement of: (1) The anticipated expense, including personnel, for the operation and maintenance of each capital improvement to be constructed during the next 2 fiscal years and of each capital improvement constructed on or after July 1, 1999, which is to be used during those fiscal years or a future fiscal year; and (2) The proposed source of funding for the operation and maintenance of each capital improvement, including personnel, to be constructed during the next 2 fiscal years; (c) Set forth all charges for interest and debt redemption during the next 2 fiscal years; (d) Set forth all expenditures for capital projects to be undertaken and executed during the next 2 fiscal years, and which must, to the extent practicable, provide that each capital project which exceeds a cost of $10,000,000 be scheduled to receive funding for design and planning during one biennium and funding for construction in the subsequent biennium; and (e) Set forth the anticipated revenues of the State Government, and any other additional means of financing the expenditures proposed for the next 2 fiscal years.

7. To examine and approve work programs and allotments to the several agencies in the Executive Department, and changes therein, in accordance with NRS 353.220 .

8. To examine and approve statements and reports on the estimated future financial condition and the operations of the agencies in the Executive Department of the State Government and the several budgetary units that have been prepared by those agencies and budgetary units, before the reports are released to the Governor, to the Legislature or for publication.

9. To receive and deal with requests for information as to the budgetary status and operations of the executive agencies of the State Government.

10. To prepare such statements of unit costs and other statistics relating to cost as may be required from time to time, or requested by the Governor or the Legislature.

11. To do and perform such other and further duties relative to the development and submission of an adequate proposed budget for the Executive Department of the State Government of the State of Nevada as the Governor may require.
Nev. Rev. Stat. § 353D.130 — NV Code / Title 31 / Chapter 353D / Section 353D.130
“Program” defined
Status: in_force

<Section effective July 1, 2025. >

“ Program ” means the Nevada Employee Savings Trust Program established by the Board pursuant to NRS 353D.300 .
Nev. Rev. Stat. § 353D.320 — NV Code / Title 31 / Chapter 353D / Section 353D.320
Immunity of employer; employer not deemed fiduciary
Status: in_force

<Section effective July 1, 2025. >

1. A covered employer or other employer may not be held liable for: (a) An employee's decision to participate in or opt out of the Program; (b) A participant's or the Board's investment decisions; (c) The administration, investment, investment returns or investment performance of the Program, including, without limitation, any interest rate or other rate of return on any contribution or account balance, provided the covered employer or other employer played no role; (d) The design of the Program or the benefits paid to participants; (e) A person's awareness of or compliance with the conditions and other provisions of the Internal Revenue Code that determine which persons are eligible to make tax-favored contributions to Individual Retirement Accounts, in what amount and in what time frame and manner; or (f) Any loss, failure to realize any gain or any other adverse consequences, including, without limitation, any adverse tax consequences or loss of favorable tax treatment, public assistance or other benefits, incurred by any person as a result of participating in the Program.

2. A covered employer or other employer must not be deemed to be a fiduciary in relation to the Program.
Nev. Rev. Stat. § 353.540 — NV Code / Title 31 / Chapter 353 / Section 353.540
“State agency” defined
Status: in_force

“ State agency ” means an agency, bureau, board, commission, department, division or any other unit of the government of this State that is required to submit information to the Chief pursuant to subsection 1 or 6 of NRS 353.210 . “State agency” does not include the Nevada System of Higher Education unless it is anticipated that payments under the agreement will be made with state appropriations.
Nev. Rev. Stat. § 353.2975 — NV Code / Title 31 / Chapter 353 / Section 353.2975
“Agency fund” defined
Status: in_force

“Agency fund” means a fiduciary fund which is solely custodial in nature, in which assets equal liabilities, and which does not involve measurement of the results of operations.
Nev. Rev. Stat. § 353B.009 — NV Code / Title 31 / Chapter 353B / Section 353B.009
Money on deposit in prepaid tuition contract or savings trust account not considered asset of parent, guardian or student for purposes of determining certain eligibility
Status: in_force

Notwithstanding the provisions of any specific statute to the contrary, no money on deposit in a prepaid tuition contract pursuant to NRS 353B.010 to 353B.190 , inclusive, or a savings trust account pursuant to NRS 353B.300 to 353B.370 , inclusive, may be considered an asset of a parent, guardian or student for the purpose of determining the eligibility of a person for a grant, scholarship or work opportunity that is based on need and offered or administered by a state agency, except as otherwise required by the source of the funding of the grant, scholarship or work opportunity.
Nev. Rev. Stat. § 356.300 — NV Code / Title 31 / Chapter 356 / Section 356.300
Definitions
Status: in_force

As used in NRS 356.300 to 356.390 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 356.305 to 356.340 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 357.200 — NV Code / Title 31 / Chapter 357 / Section 357.200
Distribution in certain actions to special account in State General Fund or to general fund of political subdivision
Status: in_force

1. If the Attorney General initiates an action pursuant to this chapter, 33 percent of any recovery must be paid into the State General Fund to the credit of a special account, for use by the Attorney General as appropriated or authorized by the Legislature in the investigation and prosecution of false claims.

2. If a designee of the Attorney General pursuant to NRS 357.070 initiates an action pursuant to this chapter, 33 percent of any recovery must be paid into the general fund of the political subdivision that employs the Attorney General's designee.
Nev. Rev. Stat. § 353C.170 — NV Code / Title 31 / Chapter 353C / Section 353C.170
Recordation of judgment; lien upon property of debtor; extension of lien
Status: in_force

1. An abstract of the judgment entered pursuant to NRS 353C.160 , or a copy thereof, may be recorded in the office of the county recorder of any county.

2. From the time of its recordation, the judgment becomes a lien upon all real and personal property situated in the county that is owned by the judgment debtor, or which the debtor may afterward acquire, until the lien expires. The lien has the force, effect and priority of a judgment lien and continues for 4 years after the date of the judgment so entered by the court clerk unless sooner released or otherwise discharged.

3. Within 4 years after the date of the recording of the judgment or within 4 years after the date of the last extension of the lien pursuant to this subsection, the lien may be extended by recording an affidavit of renewal in the office of the county recorder. From the date of recording, the lien is extended for 4 years to all real and personal property situated in the county that is owned by the judgment debtor or acquired by the judgment debtor afterwards, unless the lien is sooner released or otherwise discharged.
Nev. Rev. Stat. § 354.6116 — NV Code / Title 31 / Chapter 354 / Section 354.6116
Revenue from taxes ad valorem from lessee or user of certain taxable property to be deposited in or transferred to certain funds
Status: in_force

A local government, except a school district, that receives revenue from taxes ad valorem from a lessee or user of property which is taxable pursuant to NRS 361.157 or 361.159 shall deposit the revenue in or transfer the revenue to one or more of the funds established by the local government pursuant to NRS 354.6113 or 354.6115 and use that revenue only for the purposes authorized by those sections if the revenue was received in:

1. A fiscal year after the fiscal year the taxes were owed; or

2. The fiscal year the taxes are owed and the taxes were excluded from the estimate of revenue from taxes ad valorem for the local government pursuant to NRS 354.597 .
Nev. Rev. Stat. § 353A.020 — NV Code / Title 31 / Chapter 353A / Section 353A.020
Adoption; elements; modification; development of procedures
Status: in_force

1. The Director, in consultation with the Committee and Legislative Auditor, shall adopt a uniform system of internal accounting and administrative control for agencies. The elements of the system must include, without limitation: (a) A plan of organization which provides for a segregation of duties appropriate to safeguard the assets of the agency; (b) A plan which limits access to assets of the agency to persons who need the assets to perform their assigned duties; (c) Procedures for authorizations and recordkeeping which effectively control accounting of assets, liabilities, revenues and expenses; (d) A system of practices to be followed in the performance of the duties and functions of each agency; and (e) An effective system of internal review.

2. The Director, in consultation with the Committee and Legislative Auditor, may modify the system whenever the Director considers it necessary.

3. Each agency shall develop written procedures to carry out the system of internal accounting and administrative control adopted pursuant to this section.

4. For the purposes of this section, “agency” does not include: (a) A board created by the provisions of NRS 590.485 and chapters 623 to 625A, inclusive, 628, 630 to 644A, inclusive, 648, 654 and 656 of NRS. (b) The Nevada System of Higher Education. (c) The Public Employees' Retirement System. (d) The Housing Division of the Department of Business and Industry. (e) The Colorado River Commission of Nevada.
Nev. Rev. Stat. § 354.59819 — NV Code / Title 31 / Chapter 354 / Section 354.59819
Separate fund for revenue used for operation of regional facility
Status: in_force

1. If two or more counties create an administrative entity pursuant to NRS 354.59818 , the administrative entity shall establish a separate fund to account for the revenue received from taxes levied pursuant to NRS 354.59818 .

2. The money in the fund may only be withdrawn by the administrative entity and must be used only to pay the expenses of operating the regional facility that is operated by the administrative entity.

3. All interest and income from money deposited in the fund must be credited to the fund.

4. The annual budget and audit report of an administrative entity that establishes a fund pursuant to this section must: (a) Identify the fund; (b) Indicate in detail all revenue received for the year; (c) Indicate in detail all expenses for the year which were paid with money from the fund; and (d) Specifically identify any planned accumulation of money in the fund.

5. Money remaining in the fund at the end of a fiscal year must not revert to any other fund.

6. Upon termination of an interlocal agreement or interlocal contract that creates an administrative entity, the money remaining in a fund established pursuant to this section must be transmitted to the treasurer of each county which was a party to the interlocal agreement or interlocal contract and which levied a tax pursuant to NRS 354.59818 . Each county that is entitled to receive a portion of the money remaining in the fund must receive an amount equal to the same proportion of the total amount of revenue the county contributed to the fund. A county that receives money pursuant to this section shall deposit the money in a fund established pursuant to NRS 354.6113 or 354.6115 for use in the same manner as other money deposited in that fund.

7. Nothing in this section may be construed to require a board of county commissioners that is a party to an interlocal agreement or interlocal contract to levy a tax pursuant to NRS 354.59818 .
Nev. Rev. Stat. § 354.59883 — NV Code / Title 31 / Chapter 354 / Section 354.59883
Limitations on fees applicable to public utilities: Adoption of ordinance imposing or increasing fee prohibited under certain circumstances
Status: in_force

A city or county shall not adopt an ordinance imposing or increasing a fee:

1. If that ordinance would alter the terms of any existing franchise agreement between the city or county and a public utility.

2. That applies to any public utility which does not derive revenue from customers located within the jurisdiction of the city or county.

3. If, after the adoption of the ordinance: (a) Any part of a fee to which the ordinance applies will be based upon any revenue of a public utility other than its revenue from customers located within the jurisdiction of the city or county. (b) The total cumulative amount of all fees the city or county imposes upon a public utility to which the ordinance applies will exceed: (1) Except as otherwise provided in subparagraph (2), 5 percent of the utility's gross revenue from customers located within the jurisdiction of the city or county. (2) For a public utility that sells or resells personal wireless services, 5 percent of its gross revenue from the first $15 charged monthly for each line of access for each of its customers whose place of primary use is located within the jurisdiction of the city or county.
Nev. Rev. Stat. § 355.150 — NV Code / Title 31 / Chapter 355 / Section 355.150
Determinations to be made before investment; opinion of Attorney General
Status: in_force

1. Before making any investment in the bonds and other securities designated in NRS 355.140 , the State Board of Finance, or other board, commission or agency of the State contemplating the making of any such investments shall make due and diligent inquiry as to: (a) Whether the bonds of such federal agencies are actually underwritten or payment thereof is guaranteed by the United States. (b) The financial standing and responsibility of the state or states, county or counties, incorporated cities, irrigation districts, drainage districts, school districts, and general improvement districts in the bonds or securities of which such investments are contemplated or are to be made. (c) Whether such bonds and other securities are valid and duly authorized and issued, and the proceedings incident thereto have been fully complied with. (d) The financial standing and responsibility of the person or persons, company or companies, corporation or corporations to whom or to which such loans are contemplated. (e) The value of the lands so mortgaged.

2. Such commission, board or other state agency shall require the Attorney General: (a) To give his or her legal opinion in writing as to: (1) The validity of any laws under which such bonds or securities are issued and authorized and in which such investments are contemplated. (2) The validity of such bonds or other securities. (b) To examine and pass upon and to give his or her official opinion in writing upon the title and abstract of title or title insurance of all agricultural lands so mortgaged to secure such loans.

3. Unless such commission, board or other state agency is satisfied from such inquiry and opinion that the bonds of such federal agencies are underwritten or payment thereof guaranteed by the United States and of the financial standing and responsibility of the state, county, incorporated city or district issuing such bonds, then such commission, board or other state agency shall not invest such funds therein, but if satisfied, such commission, board or other state agency may, at its option, so invest such funds in such bonds.
Nev. Rev. Stat. § 353.2753 — NV Code / Title 31 / Chapter 353 / Section 353.2753
Requests for grants and loans: Assessment of damages by Division; report of damages; determination of whether event constitutes disaster; regulations
Status: in_force

1. A state agency or local government may request the Division to provide technical assistance to the state agency or local government by conducting an assessment of the damages related to an event for which the state agency or local government seeks a grant or loan from the Account.

2. Upon receipt of such a request, the Division shall: (a) Notify the State Board of Examiners of the request; (b) Investigate the event or cause the event to be investigated to make an assessment of the damages related to the event; and (c) Make or cause to be made a written report of the damages.

3. As soon as practicable after completion of the investigation and preparation of the report of damages, the Division shall: (a) Determine whether the event constitutes a disaster for which the state agency or local government may seek a grant or loan from the Account; and (b) Submit the report prepared pursuant to this section and its written determination regarding whether the event constitutes a disaster to the state agency or local government.

4. The Division shall prescribe by regulation the information that must be included in a report of damages, including, without limitation, a description of the damage caused by the event, an estimate of the costs to repair such damage and a specification of whether the purpose of the project is for repair or replacement, emergency response or mitigation.
Nev. Rev. Stat. § 353.160 — NV Code / Title 31 / Chapter 353 / Section 353.160
Administration
Status: in_force

The Budget Division of the Office of Finance shall administer the provisions of NRS 353.150 to 353.246 , inclusive, except NRS 353.226 to 353.229 , inclusive, subject to administrative supervision by the Director of the Office of Finance.
Nev. Rev. Stat. § 354.5943 — NV Code / Title 31 / Chapter 354 / Section 354.5943
Regulations establishing procedures for transferring function from one local government to another
Status: in_force

1. The Committee on Local Government Finance shall adopt regulations to establish procedures for transferring a function from one local government to another local government.

2. The regulations adopted by the Committee on Local Government Finance pursuant to subsection 1 must: (a) Be adopted in the manner prescribed for state agencies in chapter 233B of NRS . (b) Include provisions requiring: (1) Except as otherwise provided in subsection 3, at least 180 days' notice to the affected local governments of the intent to transfer a function from one local government to another local government, unless a different period of notification is required by a statute or by contractual agreement. (2) The exchange of such information between the affected local governments as is necessary to complete the transfer, including, without limitation, such matters as a complete description of the function to be transferred and the mechanism to be used to pay for the performance of that function.

3. Affected local governments may, by mutual agreement, waive the requirements set forth in subparagraph (1) of paragraph (b) of subsection 2.
Nev. Rev. Stat. § 353C.198 — NV Code / Title 31 / Chapter 353C / Section 353C.198
Appointment of agent to file application for summary judgment or record certificate of liability against debtor
Status: in_force

1. Notwithstanding any specific statute to the contrary, if an agency has assigned a debt to the State Controller for collection pursuant to NRS 353C.195 , the State Controller may: (a) Appoint a private debt collector or any other person as his or her agent to: (1) File an application for the entry of summary judgment against the debtor pursuant to NRS 353C.150 ; or (2) Record a certificate of liability against the debtor in the office of a county recorder pursuant to NRS 353C.180 ; and (b) Authorize his or her agent to incur any reasonable costs, including, without limitation, attorney's fees, that are necessary to carry out his or her duties pursuant to the appointment.

2. The State Controller must, before appointing an agent pursuant to this section, determine that making the appointment is likely to generate more net revenue for the State than other methods available to the State Controller to collect the debt.
Nev. Rev. Stat. § 353B.155 — NV Code / Title 31 / Chapter 353B / Section 353B.155
Duty of Board to promote and market use of Trust Fund and solicit certain opinions; authority to limit qualified beneficiaries
Status: in_force

1. The Board shall actively promote and market use of the Trust Fund.

2. The Board shall, before it enters into a prepaid tuition contract with a purchaser, solicit the opinion of: (a) The Securities and Exchange Commission regarding the application of federal law regarding securities to the Trust Fund; or (b) An independent legal counsel to ensure that the method of structuring and offering the Trust Fund is in compliance with federal law regarding securities.

3. The Board may: (a) Require a reasonable length of residence in the State to become a qualified beneficiary. (b) Restrict the number of qualified beneficiaries.
Nev. Rev. Stat. § 358.010 — NV Code / Title 31 / Chapter 358 / Section 358.010
“Council” defined
Status: in_force

As used in this chapter, unless the context otherwise requires, “ Council ” means the Nevada Advisory Council on Federal Assistance created by NRS 358.020 .
Nev. Rev. Stat. § 353.560 — NV Code / Title 31 / Chapter 353 / Section 353.560
Legislature not obligated to appropriate money for payments due pursuant to agreement; prohibition on such representations
Status: in_force

1. The provisions of NRS 353.500 to 353.630 , inclusive, do not obligate the Legislature to appropriate money for payments due pursuant to an agreement entered into pursuant to those sections.

2. A state agency, person acting on behalf of a state agency, officer of this State or employee of this State shall not represent that the Legislature is obligated to appropriate money for payments due pursuant to an agreement entered into pursuant to NRS 353.500 to 353.630 , inclusive.
Nev. Rev. Stat. § 355.310 — NV Code / Title 31 / Chapter 355 / Section 355.310
“Company” defined
Status: in_force

“ Company ” means any domestic or foreign sole proprietorship, organization, association, corporation, partnership, joint venture, limited partnership, limited-liability partnership, limited-liability company, or other domestic or foreign entity or business association, including, without limitation, any wholly owned subsidiary, majority owned subsidiary, parent company or affiliate of such an entity or business association, that exists for the purpose of making a profit.
Nev. Rev. Stat. § 354.180 — NV Code / Title 31 / Chapter 354 / Section 354.180
Claim by sheriff or constable for delivery of prisoner committed to county jail by justice of the peace
Status: in_force

1. The board of county commissioners is authorized to examine, audit and allow to the sheriff or a constable the actual fare paid by such officer in the conveyance or transportation of any one or more prisoners committed to the county jail by a justice of the peace of the county.

2. The amount provided for in subsection 1 shall be in addition to the amount allowed by law for the safekeeping and delivering of prisoners to the county jail.

3. A bill for fare actually paid pursuant to the provisions of this section shall be accompanied with a receipt showing the amount paid, and by what conveyance the prisoner or prisoners were conveyed to the county jail. In no case shall a greater sum be allowed for a private conveyance than is usually charged by public conveyance for a similar distance, and such amount shall always be determined by the board of county commissioners in accordance with the best judgment and information of the county commissioners.

4. The county auditor is authorized and directed to draw his or her warrant upon the general fund for the payment of such sum as may be allowed by the board of county commissioners from time to time, in accordance with the provisions of subsection 1, and the county treasurer is directed to pay the sum upon presentation in regular order.
Nev. Rev. Stat. § 353C.100 — NV Code / Title 31 / Chapter 353C / Section 353C.100
Determination of debt to be past due
Status: in_force

For the purposes of this chapter, a debt is past due if the debt has not been remitted and paid to an agency or the State of Nevada as required by law, or as agreed upon by the debtor and the agency or the State of Nevada, as appropriate.
Nev. Rev. Stat. § 353.276 — NV Code / Title 31 / Chapter 353 / Section 353.276
Requests for grants and loans: Action by Interim Finance Committee; limitation
Status: in_force

1. The State Board of Examiners shall submit a recommendation for each request for a grant or loan made pursuant to NRS 353.2755 to the Director of the Legislative Counsel Bureau. Upon receipt of the recommendation, the Director shall notify the Chair of the Interim Finance Committee of that recommendation. The Chair shall call a meeting of the Committee to consider the recommendation.

2. The Interim Finance Committee may reject any recommendation of the State Board of Examiners and independently evaluate and act upon any request submitted pursuant to NRS 353.2755 .

3. If the Interim Finance Committee finds that a grant or loan from the Account is appropriate and may be made in accordance with the provisions of NRS 353.2705 to 353.2771 , inclusive, it shall, by resolution: (a) Establish the amount and purpose of the grant or loan. (b) Except as otherwise provided in this paragraph, provide for the transfer of that amount from the Account to the appropriate state agency or local government. If the request is for a grant, the Interim Finance Committee shall authorize disbursement of the grant from the Account on the basis of reimbursement for costs unless it determines that disbursement in that manner would cause severe financial hardship to the state agency or local government. If the Interim Finance Committee determines that disbursement on the basis of reimbursement of costs would cause severe financial hardship, the Interim Finance Committee may authorize an advance of money to the state agency or local government in an amount not to exceed 25 percent of the total estimated cost of the projects for which the grant is requested.

4. No grant or loan from the Account may be made by the Interim Finance Committee to increase the salaries of any officers or employees of the State or a local government.
Nev. Rev. Stat. § 354.598 — NV Code / Title 31 / Chapter 354 / Section 354.598
Final budget: Adoption; budget by default; certification; appropriations; limitations; changes
Status: in_force

1. At the time and place advertised for public hearing, or at any time and place to which the public hearing is from time to time adjourned, the governing body shall hold a public hearing on the tentative budget, at which time interested persons must be given an opportunity to be heard.

2. At the public hearing, the governing body shall indicate changes, if any, to be made in the tentative budget and shall adopt a final budget by the favorable votes of a majority of all members of the governing body. Except as otherwise provided in this subsection, the final budget must be adopted on or before June 1 of each year. The final budgets of school districts must be adopted on or before June 8 of each year. Should the governing body fail to adopt a final budget that complies with the requirements of law and the regulations of the Committee on Local Government Finance on or before the required date, the budget adopted and used for certification of the combined ad valorem tax rate by the Department of Taxation for the current year, adjusted as to content and rate in such a manner as the Department of Taxation may consider necessary, automatically becomes the budget for the ensuing fiscal year. When a budget has been so adopted by default, the governing body may not reconsider the budget without the express approval of the Department of Taxation. If the default budget creates a combined ad valorem tax rate in excess of the limit imposed by NRS 361.453 , the Nevada Tax Commission shall adjust the budget as provided in NRS 361.4547 or 361.455 .

3. The final budget must be certified by a majority of all members of the governing body, and a copy of it, together with an affidavit of proof of publication of the notice of the public hearing, must be transmitted to the Nevada Tax Commission. If a tentative budget is adopted by default as provided in subsection 2, the clerk of the governing body shall certify the budget and transmit to the Nevada Tax Commission a copy of the budget, together with an affidavit of proof of the notice of the public hearing, if that notice was published. Certified copies of the final budget must be distributed as determined by the Department of Taxation.

4. Upon the adoption of the final budget or the amendment of the budget in accordance with NRS 354.598005 , the several amounts stated in it as proposed expenditures are appropriated for the purposes indicated in the budget.

5. No governing body may adopt any budget which appropriates for any fund any amount in excess of the budget resources of that fund.

6. If a local government makes a change in its final budget which increases the combined ad valorem tax rate, the local government shall submit the amended final budget to the county auditor within 15 days after making the change.
Nev. Rev. Stat. § 355.030 — NV Code / Title 31 / Chapter 355 / Section 355.030
Legal adviser; Secretary
Status: in_force

1. The Attorney General is the legal adviser of the State Board of Finance.

2. The Chief Deputy State Treasurer is ex officio Secretary of the State Board of Finance.
Nev. Rev. Stat. § 353.263 — NV Code / Title 31 / Chapter 353 / Section 353.263
Emergency Account
Status: in_force

1. As used in this section, “ emergency ” means invasion, disaster, insurrection, riot, breach of the peace, substantial threat to life or property, epidemic or the imminent danger thereof. The term includes damage to or the disintegration of a building owned by this state or of the mechanical or electrical system of such a building when immediate repairs are necessary to maintain the integrity of the structure or its mechanical or electrical system.

2. The Emergency Account is hereby created in the State General Fund. Money for the Account must be provided by direct legislative appropriation.

3. When the State Board of Examiners finds that an emergency exists which requires an expenditure for which no appropriation has been made, or in excess of an appropriation made, the Board may authorize an expenditure from the Emergency Account to meet the emergency.

4. The State Board of Examiners may, under such circumstances as it deems appropriate, authorize its Clerk to determine whether an emergency exists and approve, on behalf of the Board, an expenditure from the Emergency Account.

5. The Chief shall enumerate expenditures from the Account made in the preceding biennium in each executive budget report.

6. Notwithstanding the provisions of this section to the contrary, money in the Emergency Account may be expended for any purpose authorized by the Legislature.
Nev. Rev. Stat. § 353.045 — NV Code / Title 31 / Chapter 353 / Section 353.045
Powers of members: Oaths and affirmations; depositions
Status: in_force

Each member of the State Board of Examiners is authorized:

1. To administer an oath or affirmation to any person concerning any matter before the Board or intended to be brought before it.

2. To take the deposition of any witness to be used before the Board in any matter pending before it.
Nev. Rev. Stat. § 354.685 — NV Code / Title 31 / Chapter 354 / Section 354.685
Severe financial emergency: Conditions; notification of local government by Department of Taxation; plan of corrective action; review of plan by Committee on Local Government Finance; order of Nevada Tax Commission requiring Department to take over management of local government
Status: in_force

1. The Committee may, upon the recommendation of the Executive Director pursuant to subsection 2 or at the request of a local government pursuant to subsection 3, conduct one or more hearings to determine whether a severe financial emergency exists in a local government.

2. The Executive Director may, after giving consideration to the severity of each condition identified in paragraphs (a) to (aa), inclusive, which is found to exist in a local government, recommend that the Committee conduct one or more hearings to determine whether a severe financial emergency exists in a local government if the Department finds that one or more of the following conditions exist in the local government: (a) Required financial reports have not been filed or are consistently late. (b) The audit report reflects the unlawful expenditure of money in excess of the amount appropriated in violation of the provisions of NRS 354.626 . (c) The audit report shows funds with deficit fund balances. (d) The local government has incurred debt beyond its ability to repay. (e) The local government has not corrected violations of statutes or regulations adopted pursuant thereto as noted in the audit report. (f) The local government has serious internal control problems noted in the audit report which have not been corrected. (g) The local government has a record of being late in its payments for services and supplies. (h) The local government has had insufficient cash to meet required payroll payments in a timely manner. (i) The local government has borrowed money or entered into long-term lease arrangements without following the provisions of NRS or regulations adopted pursuant thereto. (j) The governing body of the local government has failed to correct problems after it has been notified of such problems by the Department. (k) The local government has not separately accounted for its individual funds as required by chapter 354 of NRS . (l) The local government has invested its money in financial instruments in violation of the provisions of chapter 355 of NRS . (m) The local government is in violation of any covenant in connection with any debt issued by the local government. (n) The local government has not made bond and lease payments in accordance with the approved payment schedule. (o) The local government has failed to control its assets such that large defalcations have occurred which have impaired the financial condition of the local government. (p) The local government has recognized sizeable losses as a result of the imprudent investment of money. (q) The local government has allowed its accounting system and recording of transactions to deteriorate to such an extent that it is not possible to measure accurately the results of operations or to ascertain the financial position of the local government without a reconstruction of transactions. (r) The local government has consistently issued checks not covered by adequate deposits. (s) The local government has loaned and borrowed money between funds without following the proper procedures. (t) The local government has expended money in violation of the provisions governing the expenditure of that money. (u) Money restricted for any specific use has been expended in violation of the terms and provisions relating to the receipt and expenditure of that money. (v) Money has been withheld in accordance with the provisions of NRS 354.665 . (w) If the local government is a school district, a loan has been made from the State Permanent School Fund to the school district pursuant to NRS 387.526 . (x) An employer in the county that accounts for more than 15 percent of the employment in the county has closed or significantly reduced operations. (y) The local government has experienced a cumulative decline of 10 percent in population or assessed valuation for the past 2 years. (z) The ending balance in the general fund of the local government has declined for the past 2 years or is less than 4 percent of the actual expenditures from the general fund of the local government for the immediately preceding fiscal year. (aa) The local government has failed to pay, in a timely manner, contributions to the Public Employees' Retirement System, workers' compensation or payroll taxes or fails to pay, at any time, a payment required pursuant to the Federal Insurance Contributions Act, 26 U.S.C. §§ 3101 et seq., or the Federal Unemployment Tax Act, 26 U.S.C. §§ 3301 et seq.

3. If the governing body of a local government determines by the affirmative vote of a majority of its members that, because the local government is involved in litigation or threatened litigation, a severe financial emergency will exist in the local government, the governing body may submit a request to the Committee to conduct a hearing to determine whether a severe financial emergency exists in the local government.

4. If the Committee conducts a hearing pursuant to subsection 2 or 3 and determines that a severe financial emergency exists, the Department, on behalf of the Committee, shall: (a) Notify the local government about the determination; (b) Request from the local government any information that the Department deems to be appropriate to determine the extent of the condition; and (c) Require the local government to formulate a plan of corrective action to mitigate the possible financial emergency.

5. Not later than 45 days after receiving notification pursuant to subsection 4, a local government shall submit to the Committee any information requested by the Department and a plan of corrective action.

6. If the Committee determines that a severe financial emergency exists pursuant to subsection 4, the Committee shall: (a) Review the plan of corrective action submitted by a local government pursuant to subsection 5; (b) Provide observations and recommendations for the local government; and (c) If the Committee deems necessary, periodically review the status of and conduct additional hearings to review the financial operations of the local government.

7. In addition to any notice otherwise required, the Department shall give notice of any hearing held pursuant to this section to the governing body of each local government whose jurisdiction overlaps with, or in the case of a city, whose jurisdiction is contiguous to, the jurisdiction of the local government whose financial condition will be considered at least 10 days before the date on which the hearing will be held.

8. If the Committee, following a hearing conducted pursuant to this section, determines that a severe financial emergency exists in a local government, the Committee shall, as soon as practicable, provide notice of its findings, including any recommendations of the Committee, to the Commission.

9. The Commission shall, upon receiving a notice and any recommendations from the Committee pursuant to subsection 8, hold a hearing at which the Department and the Committee must recommend a course of action to mitigate the financial conditions that are the cause of the severe financial emergency which exists in the local government. The Commission shall afford the local government whose financial condition will be considered and each local government whose jurisdiction overlaps with, or in the case of a city, whose jurisdiction is contiguous to, the jurisdiction of the local government whose financial condition will be considered an opportunity to be heard. If, after the hearing, the Nevada Tax Commission determines that a severe financial emergency exists, the Commission shall issue an order requiring the local government to follow a remedial course of action and requiring the Department to take over the management of the local government as soon as practicable.
Nev. Rev. Stat. § 355.300 — NV Code / Title 31 / Chapter 355 / Section 355.300
Definitions
Status: in_force

As used in NRS 355.300 to 355.350 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 355.305 to 355.330 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 353C.115 — NV Code / Title 31 / Chapter 353C / Section 353C.115
Regulations of State Controller: Establishing fee for returned or dishonored check or other method of payment
Status: in_force

1. The State Controller shall adopt regulations establishing a fee of $25 that an agency shall charge a person for each check or other method of payment that is returned to the agency or otherwise dishonored upon presentation for payment because the person had insufficient money or credit with the drawee or financial institution to pay the check or other method of payment, or because the person stopped payment on the check or other method of payment.

2. Notwithstanding any specific statute or regulation to the contrary, an agency may only charge and collect a fee for a check or other method of payment returned to the agency or otherwise dishonored upon presentation for payment because the person has insufficient money or credit, or because the person stopped payment on the check or other method of payment, in accordance with the regulations adopted by the State Controller pursuant to this section.

3. For the purposes of this section, “ agency ” does not include the Department of Taxation, Nevada Gaming Commission or Nevada Gaming Control Board.
Nev. Rev. Stat. § 353.264 — NV Code / Title 31 / Chapter 353 / Section 353.264
Reserve for Statutory Contingency Account
Status: in_force

1. The Reserve for Statutory Contingency Account is hereby created in the State General Fund.

2. The State Board of Examiners shall administer the Reserve for Statutory Contingency Account. The money in the Account must be expended only for: (a) The payment of claims which are obligations of the State pursuant to NRS 41.03435 , 41.0347 , 62I.025 , 176.485 , 179.310 , 212.040 , 212.050 , 212.070 , 281.174 , 282.290 , 282.315 , 293.2504 , 293.253 , 293.405 , 298.710 , 304.230 , 353.120 , 353.262 , 412.154 and 475.235 ; (b) The payment of claims which are obligations of the State pursuant to: (1) Chapter 472 of NRS arising from operations of the Division of Forestry of the State Department of Conservation and Natural Resources directly involving the protection of life and property; and (2) NRS 7.155 , 34.750 , 176A.640 , 179.225 , 180.008 and 213.153 , except that claims may be approved for the respective purposes listed in this paragraph only when the money otherwise appropriated for those purposes has been exhausted; (c) The payment of claims which are obligations of the State pursuant to NRS 41.0349 and 41.037 , but only to the extent that the money in the Fund for Insurance Premiums is insufficient to pay the claims; (d) The payment of claims which are obligations of the State pursuant to NRS 41.950 ; and (e) The payment of claims which are obligations of the State pursuant to NRS 535.030 arising from remedial actions taken by the State Engineer when the condition of a dam becomes dangerous to the safety of life or property.

3. The State Board of Examiners may authorize its Clerk or a person designated by the Clerk, under such circumstances as it deems appropriate, to approve, on behalf of the Board, the payment of claims from the Reserve for Statutory Contingency Account. For the purpose of exercising any authority granted to the Clerk of the State Board of Examiners or to the person designated by the Clerk pursuant to this subsection, any statutory reference to the State Board of Examiners relating to such a claim shall be deemed to refer to the Clerk of the Board or the person designated by the Clerk.
Nev. Rev. Stat. § 354.592 — NV Code / Title 31 / Chapter 354 / Section 354.592
Publication of notice: Requirements; cost
Status: in_force

Whenever the terms of NRS 354.470 to 354.626 , inclusive, require publication of notice, such requirement shall be deemed to have been met when such notice is published once in some newspaper published within the area encompassed or served by the local government. However, if no such newspaper is published within that area such notice shall be published in some newspaper published in the State of Nevada and having a general circulation in the area. The cost of publications shall be a proper charge against the appropriate fund of the local government.
Nev. Rev. Stat. § 353B.335 — NV Code / Title 31 / Chapter 353B / Section 353B.335
Establishment; availability of and accounting method for money in accounts; regulations; gifts, grants and donations; authority to transfer unaccessed or expired balances to Endowment Account
Status: in_force

1. The Board shall establish the Nevada College Kick Start Program to provide for the creation of an account for each pupil who is a resident of this State upon commencement of his or her enrollment in kindergarten at a public school in this State. Within the limits of money available for this purpose, the Board shall make money available to each such account to be used to pay a portion of the costs of higher education of the pupil. The Board shall determine the appropriate accounting method for the money in such an account, which must be in accordance with generally accepted accounting principles.

2. The Board shall adopt regulations for the implementation of the Program, including, without limitation, regulations regarding: (a) Enrollment in the Program, including without limitation, opting in or opting out of the Program; (b) Procedures for the parent or guardian of a pupil to access the account of the pupil created pursuant to subsection 1; (c) The time within which the money in the account created pursuant to subsection 1 must be used; and (d) Distributions from an account created pursuant to subsection 1.

3. The Board may apply for and accept any gift, donation, bequest, grant or other source of money to carry out the Program.

4. The Board may transfer to the Endowment Account established pursuant to NRS 353B.350 the balance in the account of a pupil created pursuant to subsection 1 that: (a) Has not been accessed by a parent or guardian of the pupil in the manner prescribed in the regulations adopted pursuant to subsection 2 by the time the pupil is enrolled in grade 5. (b) Is otherwise remaining after expiration of the time prescribed in the regulations adopted pursuant to subsection 2 within which the money in the account must be used.
Nev. Rev. Stat. § 354.59893 — NV Code / Title 31 / Chapter 354 / Section 354.59893
Advisory committee to review enterprise fund for issuance of building permits, barricade permits and encroachment permits: Establishment; appointment and terms of members; officers; duties and powers
Status: in_force

1. Each local government that creates an enterprise fund pursuant to NRS 354.59891 shall establish an advisory committee to review the operations of, and make recommendations relating to, the enterprise fund.

2. The governing body of the local government or its designee shall appoint at least five members to the committee which: (a) Must include: (1) A representative of the residential construction industry; (2) A representative of the commercial development industry; and (3) A representative of the construction industry; and (b) May include: (1) A public officer or employee of the local government who manages the fiscal affairs of the local government; and (2) A public officer or employee of the local government who oversees directly the operation of the enterprise fund.

3. Each member of the committee must be appointed for a term of at least 2 years but not to exceed 4 years. The governing body or its designee may renew the term of any member of the committee.

4. The members of the committee shall select a chair from among their membership.

5. The committee may issue opinions and recommendations to the governing body of the local government concerning, without limitation: (a) The adequacy of the fees that the local government charges for barricade permits, encroachment permits and building permits; (b) The financial objectives and annual budget of the program for the issuance of barricade permits, encroachment permits and building permits; and (c) Any other relevant issue related to the operation of the enterprise fund.

6. As used in this section: (a) “ Barricade permit ” has the meaning ascribed to it in paragraph (a) of subsection 1 of NRS 354.59891 . (b) “ Building permit ” has the meaning ascribed to it in paragraph (b) of subsection 1 of NRS 354.59891 . (c) “ Encroachment permit ” has the meaning ascribed to it in paragraph (g) of subsection 1 of NRS 354.59891 .
Nev. Rev. Stat. § 353D.080 — NV Code / Title 31 / Chapter 353D / Section 353D.080
“Employer” defined
Status: in_force

<Section effective July 1, 2025. >

1. Except as otherwise provided in subsection 2, “ employer ” means a person or entity engaged in a business, profession, trade or other enterprise in this State, whether for profit or not for profit, that employs one or more persons in this State.

2. The term does not include an agency or entity of the Federal Government, the government of this State or a political subdivision of this State.
Nev. Rev. Stat. § 356.340 — NV Code / Title 31 / Chapter 356 / Section 356.340
“Third-party depository” defined
Status: in_force

“ Third-party depository ” means a trust company, a broker-dealer registered under 15 U.S.C. § 78o(b)(1) or trust department of a state, national or federal reserve district bank which is authorized to hold acceptable securities on behalf of a depository for the benefit of a collateral pool pursuant to regulations adopted by the State Treasurer under NRS 356.390 .
Nev. Rev. Stat. § 356.380 — NV Code / Title 31 / Chapter 356 / Section 356.380
Payment of assessment; administrative fine for failure to pay
Status: in_force

1. A depository shall, within 45 days after the date on which the depository received the notice provided pursuant to subsection 3 of NRS 356.370 , remit to the State Treasurer the amount of the assessment levied against the depository.

2. The State Treasurer may impose an administrative fine not exceeding $500 per day against a depository that fails to comply with the provisions of subsection 1.
Nev. Rev. Stat. § 353A.010 — NV Code / Title 31 / Chapter 353A / Section 353A.010
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires:

1. “Agency” means every agency, department, division, board, commission or similar body, or elected officer, of the Executive Branch of the State.

2. “Committee” means the Executive Branch Audit Committee created pursuant to NRS 353A.038 .

3. “Director” means the Director of the Office of Finance.

4. “Internal accounting and administrative control” means a method through which agencies can safeguard assets, check the accuracy and reliability of their accounting information, promote efficient operations and encourage adherence to prescribed managerial policies.
Nev. Rev. Stat. § 353D.260 — NV Code / Title 31 / Chapter 353D / Section 353D.260
Limitation on effect of action by Board of Trustees; imposition of obligations on State or pledge of State’s credit prohibited
Status: in_force

<Section effective July 1, 2025. >

1. An act or undertaking of the Board does not constitute a debt of the State of Nevada, or any political subdivision thereof, or a pledge of the full faith and credit of the State of Nevada, or of any political subdivision thereof, and is payable solely from the Trust.

2. The Board may not impose any obligations on the State or pledge the credit of the State.
Nev. Rev. Stat. § 353.005 — NV Code / Title 31 / Chapter 353 / Section 353.005
Inapplicability of chapter to certain boards
Status: in_force

Except as otherwise provided in NRS 353.007 , the provisions of this chapter do not apply to boards created by the provisions of NRS 590.485 and chapters 623 to 625A, inclusive, 628, 630 to 644A, inclusive, 648, 654 and 656 of NRS and the officers and employees of those boards.
Nev. Rev. Stat. § 354.557 — NV Code / Title 31 / Chapter 354 / Section 354.557
“Regional facility” defined
Status: in_force

“ Regional facility ” means a facility that is used by each county that levies a tax ad valorem for its operation pursuant to NRS 354.59818 and provides services related to public safety, health or criminal justice. The term includes a regional facility for the treatment and rehabilitation of children for which an assessment is paid pursuant to NRS 62B.160 .
Nev. Rev. Stat. § 355.210 — NV Code / Title 31 / Chapter 355 / Section 355.210
Conditions and requirements for investment
Status: in_force

1. Except as otherwise provided in subsection 2, when any money has been deposited in any court pursuant to law or rule of court, and when in the judgment of the clerk of the court, or the judge thereof if there is no clerk, payment out of the deposit will not be required for 90 days or more, the clerk or the judge, as the case may be, may invest the money so deposited, either alone or by commingling it with other money deposited.

2. If money has been deposited in any court pursuant to chapter 37 of NRS, the money must be kept in a separate account and invested.

3. The investment may be made: (a) By deposit at interest in a state or national bank or credit union in the State of Nevada; or (b) In bills, bonds, debentures, notes or other securities whose purchase by a board of county commissioners is authorized by NRS 355.170 .

4. Except as otherwise provided in NRS 37.280 , the interest earned from any investment of money pursuant to this section must be deposited to the credit of the general fund of the political subdivision or municipality which supports the court.

5. The requirements of this section may be modified by an ordinance adopted pursuant to the provisions of NRS 244.207 , except the requirements of subsection 2.
Nev. Rev. Stat. § 355.325 — NV Code / Title 31 / Chapter 355 / Section 355.325
“Public fund” defined
Status: in_force

“ Public fund ” means a trust fund administered by the State Treasurer.
Nev. Rev. Stat. § 355.165 — NV Code / Title 31 / Chapter 355 / Section 355.165
Local Government Pooled Long-Term Investment Account: Creation; administration; applicability of NRS 355.167; permissible investments; assessment of costs; computation of interest; establishment of subaccounts
Status: in_force

1. The Local Government Pooled Long-Term Investment Account is hereby created. The Account must be administered by the State Treasurer.

2. All of the provisions of NRS 355.167 apply to the Local Government Pooled Long-Term Investment Account.

3. In addition to the investments which are permissible pursuant to subsection 3 of NRS 355.167 , the Treasurer may invest the money in the Local Government Pooled Long-Term Investment Account in: (a) Mutual funds which: (1) Are registered with the Securities and Exchange Commission; (2) Are rated in the highest rating category by at least one nationally recognized rating service; and (3) Invest only in securities issued by the Federal Government or agencies of the Federal Government or in repurchase agreements fully collateralized by such securities. (b) An investment contract that is collateralized with securities issued by the Federal Government or agencies of the Federal Government if: (1) The collateral has a market value of at least 102 percent of the amount invested and any accrued unpaid interest thereon; (2) The Treasurer receives a security interest in the collateral that is fully perfected and the collateral is held in custody for the State by a third-party agent of the State which is a commercial bank authorized to exercise trust powers; (3) The market value of the collateral is determined not less frequently than weekly and, if the ratio required by subparagraph (1) is not met, sufficient additional collateral is deposited with the agent of this State to meet that ratio within 2 business days after the determination; and (4) The party with whom the investment contract is executed is a commercial bank or credit union, or that party or a guarantor of the performance of that party is: (I) An insurance company which has a rating on its ability to pay claims of not less than “Aa2” by Moody's Investors Service, Inc., or “AA” by Standard and Poor's Ratings Services, or their equivalent; or (II) An entity which has a credit rating on its outstanding long-term debt of not less than “A2” by Moody's Investors Service, Inc., or “A” by Standard and Poor's Ratings Services, or their equivalent.

4. In addition to the reasonable charges against the Account which the State Treasurer may assess pursuant to subsection 8 of NRS 355.167 , the State Treasurer may, in the case of a local government pooled long-term investment account, assess the costs: (a) Associated with a calculation of any rebate of arbitrage profits which is required to be paid to the Federal Government by 26 U.S.C. § 148 ; and (b) Of contracting with qualified persons to assist in the: (1) Calculation of any rebate of arbitrage profits which is required to be paid to the Federal Government by 26 U.S.C. § 148 ; and (2) Administration of the Account.

5. In addition to the quarterly computations of interest to be reinvested for or paid to each participating local government pursuant to subsection 9 of NRS 355.167 , the State Treasurer may, in the case of a local government pooled long-term investment account, compute and reinvest or pay the interest more frequently. The State Treasurer may also base his or her computations on the amount of interest accrued rather than the amount received.

6. The Treasurer may establish one or more separate subaccounts in the Local Government Pooled Long-Term Investment Account for identified investments that are made for and allocated to specific participating local governments.
Nev. Rev. Stat. § 353D.380 — NV Code / Title 31 / Chapter 353D / Section 353D.380
Persons who are fiduciaries; standards for discharge of duties by fiduciaries
Status: in_force

<Section effective July 1, 2025. >

1. Each member of the Board, the Trustee and each investment adviser or other person who has control of the assets of the Trust is a fiduciary with respect to the Trust and each Individual Retirement Account established and maintained through the Program.

2. Each fiduciary shall discharge its duties with respect to the Program solely in the interests of covered employees and with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with those matters would use in the conduct of an enterprise of like character and aims.
Nev. Rev. Stat. § 354.780 — NV Code / Title 31 / Chapter 354 / Section 354.780
Placement of automated tellers at locations where local government receives payments
Status: in_force

1. A local government may enter into contracts with financial institutions or other business organizations for the placement of automated tellers at locations where the local government receives payments of money.

2. As used in this section: (a) “Automated teller” means an electronic device that dispenses cash in connection with an account maintained in a financial institution or with another business. (b) “Local government” has the meaning ascribed to it in NRS 354.474 .
Nev. Rev. Stat. § 354.598814 — NV Code / Title 31 / Chapter 354 / Section 354.598814
Limitations on fees applicable to public utilities: “Fee” defined
Status: in_force

“ Fee ” means a charge imposed by a city or county upon a public utility for a business license, franchise or right-of-way over streets or other public areas, except any charge paid pursuant to the provisions of NRS 709.110 , 709.230 or 709.270 .
Nev. Rev. Stat. § 356.310 — NV Code / Title 31 / Chapter 356 / Section 356.310
“Depository” defined
Status: in_force

“ Depository ” means an insured state or national bank, insured savings and loan association, insured savings bank or insured credit union in this State in which public money is held on deposit. The term does not include a third-party depository.
Nev. Rev. Stat. § 353.055 — NV Code / Title 31 / Chapter 353 / Section 353.055
Examination of books and papers of State Controller and State Treasurer
Status: in_force

1. For the purpose of discharging the duties imposed on the State Board of Examiners by law, the State Board of Examiners is authorized to demand information, and the State Controller and the State Treasurer are required to furnish to the Board without delay such information as the Board may demand, touching the books, papers, vouchers or matters pertaining to or cognizable in their respective offices.

2. The State Controller and the State Treasurer shall permit the State Board of Examiners to examine the books and papers of their respective offices whenever the Board may wish to make an examination, without delaying the examination on any pretense whatever.
Nev. Rev. Stat. § 354.598818 — NV Code / Title 31 / Chapter 354 / Section 354.598818
Limitations on fees applicable to public utilities: “Revenue” defined
Status: in_force

“Revenue” does not include:

1. Any proceeds from the interstate sale of natural gas to: (a) A provider of electric energy that holds a certificate of public convenience and necessity issued by the Public Utilities Commission of Nevada; or (b) A wholesale provider of electric energy; or

2. Any revenue of a provider of a telecommunication service other than intrastate revenue that the provider collects from retail customers.
Nev. Rev. Stat. § 357.040 — NV Code / Title 31 / Chapter 357 / Section 357.040
Liability for damages and civil penalty for certain acts
Status: in_force

1. Except as otherwise provided in NRS 357.050 , a person who, with or without specific intent to defraud, does any of the following listed acts is liable to the State or a political subdivision, whichever is affected, for the amounts set forth in subsection 2: (a) Knowingly presents or causes to be presented a false or fraudulent claim for payment or approval. (b) Knowingly makes or uses, or causes to be made or used, a false record or statement that is material to a false or fraudulent claim. (c) Has possession, custody or control of public property or money used or to be used by the State or a political subdivision and knowingly delivers or causes to be delivered to the State or a political subdivision less money or property than the amount of which the person has possession, custody or control. (d) Is authorized to prepare or deliver a document that certifies receipt of money or property used or to be used by the State or a political subdivision and knowingly prepares or delivers such a document without knowing that the information on the document is true. (e) Knowingly buys, or receives as a pledge or security for an obligation or debt, public property from a person who is not authorized to sell or pledge the property. (f) Knowingly makes or uses, or causes to be made or used, a false record or statement that is material to an obligation to pay or transmit money or property to the State or a political subdivision. (g) Knowingly conceals or knowingly and improperly avoids or decreases an obligation to pay or transmit money or property to the State or a political subdivision. (h) Is a beneficiary of an inadvertent submission of a false claim and, after discovering the falsity of the claim, fails to disclose the falsity to the State or political subdivision within a reasonable time. (i) Conspires to commit any of the acts set forth in this subsection.

2. For each act described in subsection 1 that is committed by a person, the person is liable for: (a) Three times the amount of damages sustained by the State or political subdivision, whichever is affected, because of the act of the person; (b) The costs of a civil action brought to recover the damages described in paragraph (a); and (c) Except as otherwise provided in this paragraph, a civil penalty of not less than $5,500 or more than $11,000. A civil penalty imposed pursuant to this paragraph must correspond to any adjustments in the monetary amount of a civil penalty for a violation of the federal False Claims Act, 31 U.S.C. § 3729(a) , made by the Attorney General of the United States in accordance with the Federal Civil Penalties Inflation Adjustment Act of 1990, Pub. L. 101-410 , as amended.

3. As used in this section, a person acts “knowingly” with respect to information if he or she: (a) Has knowledge of the information; (b) Acts in deliberate ignorance of whether the information is true or false; or (c) Acts in reckless disregard of the truth or falsity of the information.
Nev. Rev. Stat. § 353.065 — NV Code / Title 31 / Chapter 353 / Section 353.065
Count of securities and money in custody of State Treasurer
Status: in_force

The Legislative Auditor shall count all moneys and securities in the State Treasury belonging to the State, or to any department thereof, and all other moneys and securities of which the State Treasurer is custodian.
Nev. Rev. Stat. § 356.085 — NV Code / Title 31 / Chapter 356 / Section 356.085
Interest on deposits: Contract; amount
Status: in_force

The interest to be paid by a depository bank, credit union, savings and loan association or savings bank must be paid in accordance with the contract made with the State Treasurer and in an amount determined by the rates established pursuant to NRS 356.015 or by any Act of Congress.
Nev. Rev. Stat. § 353.2751 — NV Code / Title 31 / Chapter 353 / Section 353.2751
Authorized loans to local governments
Status: in_force

Money in the Account may be distributed as a loan to a local government because of a disaster for:

1. The payment of expenses incurred by the local government for: (a) The repair or replacement of public roads, public streets, bridges, water control facilities, public buildings, public utilities, recreational facilities and parks owned by the local government and damaged by the disaster; (b) Any overtime worked by an employee of the local government because of the disaster or any other extraordinary expenses incurred by the local government because of the disaster; and (c) Any projects to reduce or prevent the possibility of damage to persons or property from similar disasters in the future; and

2. The payment of not more than 50 percent of any grant match the local government must provide to obtain a grant from a federal agency for an eligible project to repair damage caused by the disaster within the jurisdiction of the local government. Before a loan may be distributed to a local government pursuant to this subsection: (a) The Interim Finance Committee must make a determination that the local government is currently unable to meet its financial obligations; and (b) The local government must execute a loan agreement in which the local government agrees to: (1) Use the money only for the purpose of paying the grant match; and (2) Repay the entire amount of the loan, without any interest or other charges, to the Account not later than 10 years after the date on which the agreement is executed.
Nev. Rev. Stat. § 354.533 — NV Code / Title 31 / Chapter 354 / Section 354.533
“Fund balance” defined
Status: in_force

“ Fund balance ” means the excess of assets over liabilities in a governmental fund.
Nev. Rev. Stat. § 356.127 — NV Code / Title 31 / Chapter 356 / Section 356.127
Conditions for deposit in insured deposit accounts; redeposit of uninsured amounts
Status: in_force

1. In addition to deposits authorized by NRS 356.120 and 356.125 , a county treasurer may enter into an agreement to: (a) If one or more insured banks, insured credit unions, insured savings and loan associations or insured savings banks are located in the county, deposit county money in such insured banks, credit unions, savings and loan associations or savings banks in insured deposit accounts. (b) If no such bank, credit union, savings and loan association or savings bank exists in the county, deposit county money in any insured bank, insured credit union, insured savings and loan association or insured savings bank in this State in insured deposit accounts.

2. If at any time the amount of county money deposited in an account pursuant to subsection 1 and any interest accrued on the money exceeds the limits of insurance provided by an instrumentality of the United States or pursuant to NRS 672.750 , the bank, credit union, savings and loan association or savings bank shall: (a) Arrange for the redeposit of the amount of the county money that exceeds the limits of insurance provided by an instrumentality of the United States or pursuant to NRS 672.750 into one or more insured deposit accounts in one or more insured state or national banks, insured credit unions, insured savings and loan associations or insured savings banks; and (b) Ensure that the total amount of money redeposited in an account and any interest accrued on the money is within the limits of insurance provided by an instrumentality of the United States or pursuant to NRS 672.750 .

3. The provisions of this section apply only to an account authorized pursuant to subsection 3 of NRS 356.005 .
Nev. Rev. Stat. § 354.170 — NV Code / Title 31 / Chapter 354 / Section 354.170
Order of district judge or district court drawing money from county treasury
Status: in_force

Except as otherwise provided in NRS 6.160 or 50.225 , in every case in which the district court or district judge is authorized by law to order any money to be paid out of the county treasury, this order must be first presented to the county auditor, who shall number and register the order and issue his or her warrant on any fund in the county treasury not otherwise specially appropriated or set apart.
Nev. Rev. Stat. § 354.6215 — NV Code / Title 31 / Chapter 354 / Section 354.6215
Limitation on use of reserves or balances of funds created to insure risks
Status: in_force

Except as otherwise provided in NRS 354.6241 , if a local government provides a fund for self-insurance of property, for any form of insurance for the benefit of its employees, or for any other risk that it is permitted by law to assume, the reserves or balance of a fund thus provided must not be expended for any purpose other than that for which the fund was established, except that when the governing body deems the reserve or balance to be no longer required, either in whole or in part, it shall transfer the excess balance to the general fund of the local government. Any such transfer must be reported to the Department of Taxation within 30 days. Money so transferred is not available as a basis for augmentation of the local government's budget during the year of transfer.
Nev. Rev. Stat. § 354.496 — NV Code / Title 31 / Chapter 354 / Section 354.496
“Budget year” defined
Status: in_force

“Budget year” means the fiscal year for which a budget is being prepared.
Nev. Rev. Stat. § 353.530 — NV Code / Title 31 / Chapter 353 / Section 353.530
“Chief” defined
Status: in_force

“Chief” means the Chief of the Budget Division of the Office of Finance.
Nev. Rev. Stat. § 354.7235 — NV Code / Title 31 / Chapter 354 / Section 354.7235
Severe financial emergency: Management of Department of Taxation ceases at time of disincorporation or dissolution
Status: in_force

The management of the Department ceases at the time of the disincorporation or dissolution of a local government pursuant to NRS 354.723 .
Nev. Rev. Stat. § 353.240 — NV Code / Title 31 / Chapter 353 / Section 353.240
Governor to submit fiscal details to successor
Status: in_force

1. The Governor shall submit to his or her successor in office: (a) A detailed record of all expenditures made in the preceding fiscal year by each of the departments of the State Government supported by public funds. (b) A record of fund balances, the income to each fund in the State Treasury, and the record of the sources of income to each fund in the State Treasury from or during the preceding fiscal year. (c) A statement of the bonded debt and of the obligations and assets of the State as of the close of the preceding fiscal year.

2. The records and statements required by subsection 1 must be submitted in such form as to permit the entry of the items in the proposed budget for the Executive Department of the State Government.
Nev. Rev. Stat. § 353.262 — NV Code / Title 31 / Chapter 353 / Section 353.262
Payment from Reserve for Statutory Contingency Account of salary of person replacing state officer or employee if sufficient appropriated money is not available after leave payments
Status: in_force

When the State Board of Examiners finds, after diligent inquiry and examination, that:

1. As a result of payment for terminal leave, sick leave or unused sick leave to any state officer or employee or his or her beneficiary, sufficient appropriated money does not remain available to permit the payment of a salary when due to a person to be appointed or employed to replace the officer or employee; and

2. The appointment or employment of the replacement is necessary in the best interests of the State,

the State Board of Examiners may authorize the expenditure of sums not exceeding $12,000 from the Reserve for Statutory Contingency Account for payment of a salary when due to each person so appointed or employed as a replacement for the person to whom the terminal leave pay or sick leave pay was paid or is payable.
Nev. Rev. Stat. § 353.2735 — NV Code / Title 31 / Chapter 353 / Section 353.2735
Creation; administration; deposits; grants and loans
Status: in_force

1. The Disaster Relief Account is hereby created in the State General Fund. The Interim Finance Committee shall administer the Disaster Relief Account.

2. The Division may accept grants, gifts or donations for deposit in the Disaster Relief Account. Except as otherwise provided in subsection 3, money received from: (a) A direct legislative appropriation to the Disaster Relief Account; (b) A transfer from the State General Fund in an amount equal to not more than 10 percent of the aggregate balance in the Account to Stabilize the Operation of the State Government made pursuant to NRS 353.288 ; and (c) A grant, gift or donation to the Disaster Relief Account, must be deposited in the Disaster Relief Account. Except as otherwise provided in NRS 414.135 , the interest and income earned on the money in the Disaster Relief Account must, after deducting any applicable charges, be credited to the Disaster Relief Account.

3. If, at the end of each quarter of a fiscal year, the balance in the Disaster Relief Account exceeds 0.75 percent of the total amount of all appropriations from the State General Fund for the operation of all departments, institutions and agencies of State Government and authorized expenditures from the State General Fund for the regulation of gaming for that fiscal year, the State Controller shall not, until the balance in the Disaster Relief Account is 0.75 percent or less of that amount, transfer any money in the Account to Stabilize the Operation of the State Government from the State General Fund to the Disaster Relief Account pursuant to the provisions of NRS 353.288 .

4. Money in the Disaster Relief Account may be used for any purpose authorized by the Legislature or distributed through grants to persons who own and occupy homes damaged by a disaster pursuant to NRS 353.2737 or through grants and loans to state agencies and local governments as provided in NRS 353.2705 to 353.2771 , inclusive. Except as otherwise provided in NRS 353.276 , grants to state agencies and local governments will be disbursed on the basis of reimbursement of costs authorized pursuant to NRS 353.274 and 353.2745 .

5. If the State Board of Examiners receives a notice submitted to and forwarded by the Division pursuant to subsections 1 and 2 of NRS 353.2755 , the State Board of Examiners shall estimate: (a) The money in the Disaster Relief Account that is available for grants and loans for the disaster that is the subject of the notice pursuant to the provisions of NRS 353.2705 to 353.2771 , inclusive; and (b) The anticipated amount of those grants and loans for the disaster. Except as otherwise provided in this subsection, if the anticipated amount determined pursuant to paragraph (b) exceeds the available money in the Disaster Relief Account for such grants and loans, all grants and loans from the Disaster Relief Account for the disaster must be reduced in the same proportion that the anticipated amount of the grants and loans exceeds the money in the Disaster Relief Account that is available for grants and loans for the disaster. If the reduction of a grant or loan from the Disaster Relief Account would result in a reduction in the amount of money that may be received by a state agency or local government from the Federal Government, the reduction in the grant or loan must not be made.
Nev. Rev. Stat. § 353.295 — NV Code / Title 31 / Chapter 353 / Section 353.295
Definitions
Status: in_force

As used in the State Accounting Procedures Law, unless the context otherwise requires, and in all accounting procedures and reports pursuant to this chapter, the words and terms defined in NRS 353.2961 to 353.3135 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 353.090 — NV Code / Title 31 / Chapter 353 / Section 353.090
Procedure for payment of claims pursuant to legislative appropriation or authorization; regulations; availability of money allocated to State by federal program
Status: in_force

1. Except for claims against the Legislative Fund or for the payment of the salaries of public officers, every claim for payment from the State Treasury pursuant to an appropriation or authorization by the Legislature must be presented to the State Board of Examiners for a determination of its correctness. The State Board of Examiners shall adopt regulations providing for the use of sampling procedures and postaudit techniques for making such a determination.

2. Any money which: (a) Is allocated to this state pursuant to a federal program in the form of a letter of credit or its equivalent; (b) Is authorized for expenditure by the Legislature; (c) Has not been deposited in the State Treasury; and (d) Is immediately available to this state through an automated federal payment management system, shall be deemed to be available for a claim for payment from the State Treasury.

3. The State Controller shall not allow or draw his or her warrant for: (a) Any claim of the class described in this section which has not been approved by the State Board of Examiners; or (b) A greater amount than allowed by the Board, except when the claim has not been acted upon by the Board within 30 days after its presentation to the Board.
Nev. Rev. Stat. § 357.230 — NV Code / Title 31 / Chapter 357 / Section 357.230
Distribution of unapportioned portion to general fund of State or political subdivision, or both
Status: in_force

The portion of any recovery not apportioned pursuant to NRS 357.200 and 357.210 must be paid into the State General Fund if the money, property or services were provided only by the State, or into the general fund of the political subdivision if they were provided only by a political subdivision. If the action involved both the State and a political subdivision, the court shall apportion the remaining portion of any recovery between them according to the respective values of the money, property or services provided by each.
Nev. Rev. Stat. § 355.130 — NV Code / Title 31 / Chapter 355 / Section 355.130
Loans to local governments
Status: in_force

1. By unanimous vote of its members and with the approval of the State Board of Examiners, the State Board of Finance may lend any available money in the State Treasury, other than that in the State Permanent School Fund and the State Insurance Fund, to local governments situated within the boundaries of the State of Nevada. Such loans must be made only to local governments which have observed the regulations and followed the procedure for obtaining a medium-term obligation set forth in chapter 350 of NRS . Such loans must be made for a period of not longer than 10 years and must bear interest at a rate which does not exceed by more than 3 percent the Index of Twenty Bonds which was most recently published before the bids are received or a negotiated offer is accepted.

2. In making loans to local governments, the State Board of Finance shall follow the procedure for making other loans set forth in this chapter.
Nev. Rev. Stat. § 354.597 — NV Code / Title 31 / Chapter 354 / Section 354.597
Tentative budget and final budget: Reduction of estimate of revenues by amount of taxes ad valorem expected to be delinquent
Status: in_force

1. In preparing a tentative budget, the governing body of a local government, except a school district, which determines that the amount of revenue to be received from taxes ad valorem during the ensuing fiscal year will be reduced because one or more lessees or users of property which is taxable pursuant to NRS 361.157 or 361.159 will be delinquent in paying the tax, may, upon approval by the Executive Director of the Department of Taxation, reduce the estimate of revenue from taxes ad valorem by the amount of the tax expected to be delinquent.

2. In adopting a final budget, the governing body of a local government, except a school district, shall reduce the estimate of revenue from taxes ad valorem by the amount determined pursuant to subsection 1, unless the governing body has determined since the preparation of the tentative budget that some or all of the tax expected to be delinquent will be paid. The governing body shall increase the estimate of revenue from taxes ad valorem by the amount of tax no longer expected to be delinquent, if any.

3. The provisions of this section do not affect the calculation of the limitation upon revenue from taxes ad valorem pursuant to NRS 354.59811 or any estimate of assessed valuation used to distribute revenue among local governments or determine the debt limit of the State, a local government or a school district.
Nev. Rev. Stat. § 354.105 — NV Code / Title 31 / Chapter 354 / Section 354.105
Creation; appointment of members; terms; vacancies; Chair and Vice Chair; meetings; quorum; allowances and expenses; administrative support
Status: in_force

1. The Committee on Local Government Finance, consisting of 11 members, is hereby created.

2. The following associations shall each appoint three members to serve on the Committee: (a) Nevada League of Cities; (b) Nevada Association of County Commissioners; and (c) Nevada Association of School Boards.

3. The Nevada State Board of Accountancy shall appoint two members to serve on the Committee.

4. Each appointment must be for a term of 3 years, and each member appointed may be reappointed to additional terms.

5. A vacancy must be filled as soon as practicable by the appointing authority of the person who vacated the seat.

6. If any of the associations listed in subsection 2 cease to exist, the appointments required by subsection 2 must be made by the association's successor in interest or, if there is no successor in interest, one each by the other appointing authorities.

7. The members of the Committee shall elect by majority vote a member as Chair and another member as Vice Chair, who shall serve for terms of 3 years or until their successors are elected.

8. The Committee shall meet not less than twice per year and may meet at other times upon the call of the Chair or a majority of the members of the Committee.

9. A majority of the members of the Committee constitutes a quorum, and a quorum may exercise all the power and authority conferred on the Committee.

10. Members of the Committee serve without compensation, except that for each day or portion of a day during which a member of the Committee attends a meeting of the Committee or is otherwise engaged in the business of the Committee, the member is entitled to receive the per diem allowance and travel expenses provided for state officers and employees generally.

11. The Department of Taxation shall provide administrative support to the Committee.
Nev. Rev. Stat. § 355.135 — NV Code / Title 31 / Chapter 355 / Section 355.135
Lending of securities from state investment portfolio
Status: in_force

The State Treasurer may lend securities from the investment portfolio of this state if he or she receives collateral from the borrower which represents at least 102 percent of the value of the securities borrowed. For the purposes of this section, the value of the securities borrowed must be determined on a daily basis.
Nev. Rev. Stat. § 355.171 — NV Code / Title 31 / Chapter 355 / Section 355.171
Additional authorized investments; exceptions
Status: in_force

1. Except as otherwise provided in this section, the governing body of a local government or an administrative entity established pursuant to NRS 277.080 to 277.180 , inclusive, that is not a local government may purchase for investment: (a) Notes, bonds and other unconditional obligations for the payment of money issued by corporations organized and operating in the United States that: (1) Are purchased from a registered broker-dealer; (2) At the time of purchase have a remaining term to maturity of no more than 5 years; and (3) Are rated by a nationally recognized rating service as “A” or its equivalent, or better. (b) Collateralized mortgage obligations that are rated by a nationally recognized rating service as “AAA” or its equivalent. (c) Asset-backed securities that are rated by a nationally recognized rating service as “AAA” or its equivalent.

2. With respect to investments purchased pursuant to paragraph (a) of subsection 1: (a) Such investments must not, in aggregate value, exceed 25 percent of the total par value of the portfolio as determined at the time of purchase; (b) Not more than 5 percent of the total par value of the portfolio may be in notes, bonds and other unconditional obligations issued by any one corporation; and (c) If the rating of an obligation is reduced to a level that does not meet the requirements of that paragraph, the investment adviser must, as soon as possible, report the reduction in the rating to the governing body of the local government or administrative entity that purchased the investment.

3. Subsections 1 and 2 do not: (a) Apply to a: (1) Board of county commissioners of a county whose population is less than 100,000; (2) Board of trustees of a county school district in a county whose population is less than 100,000; (3) Governing body of an incorporated city whose population is less than 150,000; (4) Governing body of a local government not specified in subparagraph (1), (2) or (3) if the population subject to the jurisdiction of the governing body or served by the governing body is less than 100,000; or (5) Governing body of an administrative entity established pursuant to NRS 277.080 to 277.180 , inclusive, that is not a local government if the population subject to the jurisdiction of the governing body or served by the governing body is less than 150,000, unless the purchase is effected by the State Treasurer pursuant to his or her investment of a pool of money from local governments or by an investment adviser who is registered with the Securities and Exchange Commission and approved by the State Board of Finance. (b) Authorize the investment of money administered pursuant to a contract, debenture agreement or grant in a manner not authorized by the terms of the contract, agreement or grant.

4. As used in this section, “local government” has the meaning ascribed to it in NRS 354.474 .
Nev. Rev. Stat. § 354.553 — NV Code / Title 31 / Chapter 354 / Section 354.553
“Proprietary fund” defined
Status: in_force

“Proprietary fund” means an internal service fund or enterprise fund.
Nev. Rev. Stat. § 353A.090 — NV Code / Title 31 / Chapter 353A / Section 353A.090
Corrective actions
Status: in_force

Within 6 months after the date that the final report is submitted pursuant to NRS 353A.085 , if corrective action is recommended for an agency, the Administrator shall determine whether appropriate corrective actions are being taken and whether those actions are achieving the desired result. The Administrator shall inform the Committee and the head of the audited agency of the effect of any corrective actions taken.
Nev. Rev. Stat. § 358.020 — NV Code / Title 31 / Chapter 358 / Section 358.020
Creation; membership; terms; vacancies; allowances and expenses; administrative support
Status: in_force

1. The Nevada Advisory Council on Federal Assistance is hereby created. The Council consists of the following 11 members: (a) One member of the Senate appointed by the Majority Leader of the Senate. (b) One member of the Assembly appointed by the Speaker of the Assembly. (c) One member appointed by the Majority Leader of the Senate who represents a nonprofit organization, a local agency or a tribal government. (d) One member appointed by the Speaker of the Assembly who represents a nonprofit organization, a local agency or a tribal government. (e) One member appointed by the Governor who represents a nonprofit organization that provides grants in this State. (f) One member appointed by the Governor who represents a local government. (g) One member appointed by the Governor who represents private businesses. (h) The State Treasurer, who may name a designee to serve on the Council on his or her behalf. (i) The State Controller, who may name a designee to serve on the Council on his or her behalf. (j) The Chief of the Budget Division of the Office of Finance. (k) The Director of the Office of Federal Assistance.

2. The members described in: (a) Paragraphs (a) to (i), inclusive, of subsection 1 are voting members. (b) Paragraphs (j) and (k) of subsection 1 are nonvoting members.

3. The Governor shall, to the extent practicable, collaborate to ensure that the persons appointed pursuant to paragraphs (e), (f) and (g) of subsection 1 are representative of the urban and rural areas of this State.

4. Each appointed member of the Council serves a term of 2 years.

5. An appointed member of the Council: (a) May be reappointed. (b) Shall not serve more than three terms.

6. Any vacancy occurring in the appointed membership of the Council must be filled in the same manner as the original appointment not later than 30 days after the vacancy occurs. A member appointed to fill a vacancy shall serve as a member of the Council for the remainder of the original term of appointment.

7. Each member of the Council: (a) Serves without compensation; and (b) While engaged in the business of the Council, is entitled to receive the per diem allowance and travel expenses provided for state officers and employees generally.

8. The Office of Federal Assistance shall provide the Council with administrative support.