Nev. Rev. Stat. § 355.170 — NV Code / Title 31 / Chapter 355 / Section 355.170
Authorized investments; disposition of interest
Status: in_force

1. Except as otherwise provided in this section and NRS 354.750 and 355.171 , 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 the following securities and no others: (a) Bonds and debentures of the United States, the maturity dates of which do not extend more than 10 years after the date of purchase. (b) A bond, note or other obligation issued or unconditionally guaranteed by the International Bank for Reconstruction and Development, the International Finance Corporation or the Inter-American Development Bank that: (1) Is denominated in United States dollars; (2) Is a senior unsecured unsubordinated obligation; (3) At the time of purchase has a remaining term to maturity of 5 years or less; and (4) Is rated by a nationally recognized rating service as “AA” or its equivalent, or better, except that investments pursuant to this paragraph may not, in aggregate value, exceed 15 percent of the total par value of the portfolio as determined at the time of purchase. (c) A bond, note or other obligation publicly issued in the United States by a foreign financial institution, corporation or government that: (1) Is denominated in United States dollars; (2) Is a senior unsecured unsubordinated obligation; (3) Is registered with the Securities and Exchange Commission in accordance with the provisions of the Securities Act of 1933, §§ 77a et seq., as amended; (4) Is purchased from a registered broker-dealer; (5) At the time of purchase has a remaining term to maturity of 5 years or less; and (6) Is rated by a nationally recognized rating service as “A” or its equivalent, or better, except that investments pursuant to this paragraph may not, in aggregate value, exceed 10 percent of the total par value of the portfolio as determined at the time of purchase. (d) Farm loan bonds, consolidated farm loan bonds, debentures, consolidated debentures and other obligations issued by federal land banks and federal intermediate credit banks under the authority of the Federal Farm Loan Act, formerly 12 U.S.C. §§ 636 to 1012 , inclusive, and §§ 1021 to 1129 , inclusive, and the Farm Credit Act of 1971, 12 U.S.C. §§ 2001 to 2259 , inclusive, and bonds, debentures, consolidated debentures and other obligations issued by banks for cooperatives under the authority of the Farm Credit Act of 1933, formerly 12 U.S.C. §§ 1131 to 1138e , inclusive, and the Farm Credit Act of 1971, 12 U.S.C. §§ 2001 to 2259 , inclusive. (e) Bills and notes of the United States Treasury, the maturity date of which is not more than 10 years after the date of purchase. (f) Obligations of an agency or instrumentality of the United States of America or a corporation sponsored by the government, the maturity date of which is not more than 10 years after the date of purchase. (g) Negotiable certificates of deposit issued by commercial banks, insured credit unions, savings and loan associations or savings banks that: (1) At the time of purchase have a remaining term to maturity of 5 years or less; and (2) If the certificates are not within the limits of insurance provided by an instrumentality of the United States, are rated by a nationally recognized rating service as “A-1,” “P-1” or its equivalent, or better, or are collateralized in the same manner as is required for uninsured deposits by a county treasurer pursuant to NRS 356.133 , except that not more than 5 percent of the total par value of the portfolio may be invested in notes, bonds and other unconditional obligations issued by any one commercial bank, insured credit union, savings and loan association or savings bank. If the rating of an obligation is reduced to a level that does not meet the requirements of this paragraph, the investment advisor must report the reduction in the rating to the governing body of the local government that purchased the investment, the governing body of the local government or, if the purchase was effected by the State Treasurer pursuant to his or her investment of a pool of money from local governments, the State Treasurer must take such action as the governing body or State Treasurer deems appropriate to preserve the principal value and integrity of the portfolio as a whole and the governing body or State Treasurer, as applicable, must report to the State Board of Finance any action taken pursuant to this paragraph. For the purposes of subparagraph (2) of this paragraph, any reference in NRS 356.133 to a “county treasurer” or “board of county commissioners” shall be deemed to refer to the appropriate financial officer or governing body of the local government purchasing the certificates. (h) Securities which have been expressly authorized as investments for local governments by any provision of Nevada Revised Statutes or by any special law. (i) Nonnegotiable certificates of deposit issued by insured commercial banks, insured credit unions, insured savings and loan associations or insured savings banks, except certificates that are not within the limits of insurance provided by an instrumentality of the United States, unless those certificates are collateralized in the same manner as is required for uninsured deposits by a county treasurer pursuant to NRS 356.133 . For the purposes of this paragraph, any reference in NRS 356.133 to a “ county treasurer ” or “ board of county commissioners ” shall be deemed to refer to the appropriate financial officer or governing body of the local government purchasing the certificates. (j) Subject to the limitations contained in NRS 355.177 , negotiable notes or medium-term obligations issued by local governments of the State of Nevada pursuant to NRS 350.087 to 350.095 , inclusive. (k) Bankers' acceptances of the kind and maturities made eligible by law for rediscount with Federal Reserve Banks, and generally accepted by banks or trust companies which are members of the Federal Reserve System. Eligible bankers' acceptances may not exceed 180 days' maturity. Purchases of bankers' acceptances may not exceed 25 percent of the money available to a local government for investment as determined at the time of purchase. (l) Obligations of state and local governments if the obligation: (1) Has been rated “A” or higher by one or more nationally recognized bond credit rating agencies; or (2) Is secured by the proceeds that are paid into the tax increment account of a tax increment area created by a municipality pursuant to NRS 278C.220 . (m) Commercial paper issued by a corporation, trust or limited-liability company organized and operating in the United States or by a depository institution licensed by the United States or any state and operating in the United States that: (1) At the time of purchase has a remaining term to maturity of no more than 270 days; and (2) Is rated by a nationally recognized rating service as “A-1,” “P-1” or its equivalent, or better, except that investments pursuant to this paragraph may not, in aggregate value, exceed 25 percent of the total par value of the portfolio as determined at the time of purchase, and not more than 5 percent of the total par value of the portfolio may be invested in commercial paper issued by any one corporation or depository institution. If the rating of an obligation is reduced to a level that does not meet the requirements of this paragraph, the investment advisor must report the reduction in the rating to the governing body of the local government that purchased the investment, the governing body of the local government or, if the purchase was effected by the State Treasurer pursuant to his or her investment of a pool of money from local governments, the State Treasurer must take such action as the governing body or State Treasurer deems appropriate to preserve the principal value and integrity of the portfolio as a whole and the governing body or State Treasurer, as applicable, must report to the State Board of Finance any action taken pursuant to this paragraph. (n) Money market mutual funds which: (1) Are registered with the Securities and Exchange Commission; (2) Are rated by a nationally recognized rating service as “AAA” or its equivalent; and (3) Invest only in: (I) Securities issued by the Federal Government or agencies of the Federal Government; (II) Master notes, bank notes or other short-term commercial paper rated by a nationally recognized rating service as “A-1,” “P-1” or its equivalent, or better, issued by a corporation organized and operating in the United States or by a depository institution licensed by the United States or any state and operating in the United States; or (III) Repurchase agreements that are fully collateralized by the obligations described in sub-subparagraphs (I) and (II). (o) Obligations of the Federal Agricultural Mortgage Corporation.

2. Repurchase agreements are proper and lawful investments of money of a governing body of a local government for the purchase or sale of securities which are negotiable and of the types listed in subsection 1 if made in accordance with the following conditions: (a) The governing body of the local government shall designate in advance and thereafter maintain a list of qualified counterparties which: (1) Regularly provide audited and, if available, unaudited financial statements; (2) The governing body of the local government has determined to have adequate capitalization and earnings and appropriate assets to be highly creditworthy; and (3) Have executed a written master repurchase agreement in a form satisfactory to the governing body of the local government pursuant to which all repurchase agreements are entered into. The master repurchase agreement must require the prompt delivery to the governing body of the local government and the appointed custodian of written confirmations of all transactions conducted thereunder, and must be developed giving consideration to the Federal Bankruptcy Act. (b) In all repurchase agreements: (1) At or before the time money to pay the purchase price is transferred, title to the purchased securities must be recorded in the name of the appointed custodian, or the purchased securities must be delivered with all appropriate, executed transfer instruments by physical delivery to the custodian; (2) The governing body of the local government must enter a written contract with the custodian appointed pursuant to subparagraph (1) which requires the custodian to: (I) Disburse cash for repurchase agreements only upon receipt of the underlying securities; (II) Notify the governing body of the local government when the securities are marked to the market if the required margin on the agreement is not maintained; (III) Hold the securities separate from the assets of the custodian; and (IV) Report periodically to the governing body of the local government concerning the market value of the securities; (3) The market value of the purchased securities must exceed 102 percent of the repurchase price to be paid by the counterparty and the value of the purchased securities must be marked to the market weekly; (4) The date on which the securities are to be repurchased must not be more than 90 days after the date of purchase; and (5) The purchased securities must not have a term to maturity at the time of purchase in excess of 10 years.

3. The securities described in paragraphs (a), (d) and (e) of subsection 1 and the repurchase agreements described in subsection 2 may be purchased when, in the opinion of the governing body of the local government, there is sufficient money in any fund of the local government to purchase those securities and the purchase will not result in the impairment of the fund for the purposes for which it was created.

4. When the governing body of the local government has determined that there is available money in any fund or funds for the purchase of bonds as set out in subsection 1 or 2, those purchases may be made and the bonds paid for out of any one or more of the funds, but the bonds must be credited to the funds in the amounts purchased, and the money received from the redemption of the bonds, as and when redeemed, must go back into the fund or funds from which the purchase money was taken originally.

5. Any interest earned on money invested pursuant to subsection 3, may, at the discretion of the governing body of the local government, be credited to the fund from which the principal was taken or to the general fund of the local government.

6. The governing body of a local government may invest any money apportioned into funds and not invested pursuant to subsection 3 and any money not apportioned into funds in bills and notes of the United States Treasury, the maturity date of which is not more than 1 year after the date of investment. These investments must be considered as cash for accounting purposes, and all the interest earned on them must be credited to the general fund of the local government.

7. This section does not 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.

8. As used in this section: (a) “ Counterparty ” means a bank organized and operating or licensed to operate in the United States pursuant to federal or state law or a securities dealer which is: (1) A registered broker-dealer; (2) Designated by the Federal Reserve Bank of New York as a “primary” dealer in United States government securities; and (3) In full compliance with all applicable capital requirements. (b) “ Local government ” has the meaning ascribed to it in NRS 354.474 . (c) “ Repurchase agreement ” means a purchase of securities by the governing body of a local government from a counterparty which commits to repurchase those securities or securities of the same issuer, description, issue date and maturity on or before a specified date for a specified price.
Nev. Rev. Stat. § 356.007 — NV Code / Title 31 / Chapter 356 / Section 356.007
Preference for bank, credit union, savings and loan association or savings bank within specially benefited zone
Status: in_force

The State, and the city or county within whose jurisdiction is located a specially benefited zone designated and approved under chapter 274 of NRS , shall give preference in its deposits of public money to banks, credit unions, savings and loan associations and savings banks qualified to receive public money which are located within the specially benefited zone and are making loans to businesses located within the zone.
Nev. Rev. Stat. § 353.610 — NV Code / Title 31 / Chapter 353 / Section 353.610
State agency to file copies of agreement and schedule of payments upon execution of agreement
Status: in_force

Immediately after an agreement is executed pursuant to NRS 353.550 , the state agency on whose behalf the agreement was executed shall file with the Chief, the Director of the Department of Administration and the State Treasurer:

1. A fully executed copy of the agreement; and

2. A schedule of payments that indicates the principal and interest payments due throughout the term of the agreement.
Nev. Rev. Stat. § 353.331 — NV Code / Title 31 / Chapter 353 / Section 353.331
Annual preparation; review and approval
Status: in_force

The Administrator of the Administrative Services Division of the Department of Administration shall annually prepare and submit to the Chief of the Budget Division of the Office of Finance a statewide cost allocation plan distributing service agency indirect costs among the various agencies in accordance with the principles and procedures established by federal regulations and guidelines. The Chief of the Budget Division shall review, revise as necessary and approve the plan.
Nev. Rev. Stat. § 353.146 — NV Code / Title 31 / Chapter 353 / Section 353.146
“State agency” defined
Status: in_force

As used in NRS 353.146 to 353.148 , inclusive, “ state agency ” means an agency, bureau, board, commission, department, division or any other unit of the Executive Department of the State Government.
Nev. Rev. Stat. § 353.225 — NV Code / Title 31 / Chapter 353 / Section 353.225
Reserves
Status: in_force

1. In order to provide some degree of flexibility to meet emergencies arising during each fiscal year in the expenditures for the State Education Fund and for operation and maintenance of the various departments, institutions and agencies of the Executive Department of the State Government, the Chief, with the approval in writing of the Governor, may require the State Controller or the head of each such department, institution or agency to set aside a reserve in such amount as the Chief may determine, out of the total amount appropriated or out of other funds available from any source whatever to the department, institution or agency.

2. At any time during the fiscal year this reserve or any portion of it may be returned to the appropriation or other fund to which it belongs and may be added to any one or more of the allotments, if the Chief so orders in writing.
Nev. Rev. Stat. § 354.6113 — NV Code / Title 31 / Chapter 354 / Section 354.6113
Fund for construction of capital projects
Status: reserved

1. The governing body of a local government may, by resolution, establish a fund for the construction of capital projects.

2. Any interest or income earned on money in the fund in excess of any amount which is reserved for rebate payments to the Federal Government pursuant to 26 U.S.C. § 148 , as amended, or is otherwise required to be applied in a specific manner by the Internal Revenue Code of 1986, as amended, must be credited to the fund.

3. The money in the fund must be used only for the construction of capital projects which are included in the plan for capital improvement of the local government prepared pursuant to NRS 350.013 . The money in the fund at the end of the fiscal year may not revert to any other fund or be a surplus for any purpose other than the purpose specified in this subsection.

4. The annual budget and audit report of the local government prepared pursuant to NRS 354.624 must specifically identify the fund and: (a) Indicate in detail the capital projects that have been constructed with money from the fund; (b) Specify the amount of money, if any, that will be deposited in the fund for the next fiscal year; (c) Specify any proposed capital projects that will be constructed with money from the fund during the next fiscal year; and (d) Identify any planned accumulation of the money in the fund. The audit report must include a statement by the auditor whether the local government has complied with the provisions of this subsection.
Nev. Rev. Stat. § 354.6245 — NV Code / Title 31 / Chapter 354 / Section 354.6245
Review of annual audits by Department of Taxation; referral of accountant who issued noncompliant audit to Nevada State Board of Accountancy; plan of correction of violations
Status: in_force

1. The Department of Taxation shall review each annual audit to determine whether it complies with regulations adopted pursuant to NRS 354.594 . Any independent auditor's report, whether upon financial position and results of operations or upon internal financial controls, which the Department believes may not comply with those regulations must be referred by the Department to the Nevada State Board of Accountancy for investigation and such action in respect to the issuing accountant as the Board may find appropriate in the circumstances.

2. In its review of the annual audits submitted, the Department shall identify all violations of statute and regulation reported therein. Within 60 days after the delivery of the annual audit to the local government, the governing body shall advise the Department what action has been taken to prevent recurrence of each violation of law or regulation or to correct each continuing violation. The Department shall evaluate the local government's proposed plan of correction and, if the plan is satisfactory, shall so advise the governing body. If the plan is not satisfactory, the Department shall advise the governing body that it deems the plan inadequate and propose an alternative plan. Within 30 days thereafter the governing body shall report its assent to the Department's plan or request a hearing before the Nevada Tax Commission. This hearing must be held at the next meeting of the Commission, but the hearing must not be held more than 90 days after such a request is received. The determination of the Nevada Tax Commission is final.

3. If the governing body fails to submit a proposed plan of correction pursuant to subsection 2, or the Executive Director of the Department of Taxation determines that the plan established is not being complied with, he or she must, through the Office of the Attorney General, seek a writ from a court of competent jurisdiction to compel compliance.
Nev. Rev. Stat. § 353C.175 — NV Code / Title 31 / Chapter 353C / Section 353C.175
Withholding of income: Duties of employer upon receipt of notice to withhold
Status: in_force

An employer who receives a notice to withhold income pursuant to NRS 353C.171 :

1. Shall: (a) Calculate the amount of income to be withheld from a person's wages during each pay period in accordance with the provisions of NRS 31.295 and subject to the limitation on withholding prescribed in that section; or (b) Request that the State Controller calculate the amount of income to be withheld from a person's wages during each pay period in accordance with the provisions of NRS 31.295 and subject to the limitation on withholding prescribed in that section. For the purposes of this subsection, a withholding of income shall be deemed a garnishment of earnings.

2. Shall withhold the amount calculated pursuant to: (a) Paragraph (a) of subsection 1, beginning with the first pay period that occurs within 14 days after the date the notice was mailed to the employer; or (b) Paragraph (b) of subsection 1, beginning with the first pay period that occurs within 14 days after the State Controller notifies the employer of the amount to be withheld, as applicable.

3. Shall continue to withhold the amount calculated pursuant to subsection 1 until: (a) The State Controller notifies the employer to discontinue the withholding; or (b) The full amount required to be paid to the State Controller has been paid, as indicated by a written statement to the employer from the State Controller.

4. Shall deliver the money withheld to the State Controller within 7 days after the date of each payment of the regularly scheduled payroll of the employer.

5. Shall notify the State Controller when the person subject to withholding terminates his or her employment and provide the last known address of the person and the name of any new employer of the person, if known.
Nev. Rev. Stat. § 353.033 — NV Code / Title 31 / Chapter 353 / Section 353.033
Director of Office of Finance is ex officio Clerk of State Board of Examiners; duties
Status: in_force

1. In addition to his or her other duties, the Director of the Office of Finance is ex officio Clerk of the State Board of Examiners. Except as otherwise provided in subsection 4 of NRS 41.036 , the Director shall: (a) Assist the State Board of Examiners in the examination and classification of all the claims required to be presented to the Board pursuant to NRS 353.090 . (b) Conduct a postaudit of claims that have been presented to the Board in the manner prescribed in the regulations adopted pursuant to NRS 353.090 . (c) Approve, on behalf of and when authorized by the Board, claims against the State not required to be passed upon by the Legislature. (d) Each calendar quarter, provide to the Board a report of his or her determinations regarding any claims, refunds or other payments the Board has authorized the Director to approve on its behalf.

2. The rules of procedure governing the duties of the Director pursuant to this section must be adopted by the State Board of Examiners.

3. The Director may delegate these duties to the Deputy Director of the Office of Finance.
Nev. Rev. Stat. § 353C.135 — NV Code / Title 31 / Chapter 353C / Section 353C.135
Payment of costs and fees for collection of certain debts
Status: in_force

1. Except as otherwise provided in subsection 2 or by a specific statute, a person who owes a debt of more than $300 pursuant to this chapter shall, in addition to the debt, pay: (a) If the State Controller has entered into a contract pursuant to NRS 353C.200 with a private debt collector or any other person for the assignment of the collection of the debt: (1) A fee payable to the State Controller in the amount of 2 percent of the amount of the debt assigned to the State Controller for collection pursuant to NRS 353C.195 ; (2) The amount of the costs and fees established in the contract; and (3) Any additional costs and fees actually incurred to collect the debt; or (b) If the State Controller has not assigned the collection of the debt pursuant to NRS 353C.200 : (1) A fee payable to the State Controller in the amount of 2 percent of the amount of the debt assigned to the State Controller for collection pursuant to NRS 353C.195 . (2) An amount payable to the State Controller for costs and fees which is equal to a percentage of the amount of the debt recovered. The State Controller shall calculate the appropriate percentage pursuant to this subparagraph that is applicable to the debt by reducing by 5 percentage points the lowest such percentage established in any contract entered into by the State Controller pursuant to NRS 353C.200 that was effective at the time the debt was incurred. (3) Any additional costs and fees actually incurred to collect the debt.

2. The total amount of costs and fees required pursuant to subsection 1 must not exceed 35 percent of the amount of the debt or $50,000, whichever is less. Any prejudgment or postjudgment interest on the debt authorized by law must not be included in the calculation of the costs and fees actually incurred to collect the debt.
Nev. Rev. Stat. § 353.110 — NV Code / Title 31 / Chapter 353 / Section 353.110
Overpayment of taxes, license fees and other charges
Status: in_force

1. Whenever an amount has been paid into a county treasury for taxes which exceeds the amount required by law to be paid for the applicable tax year, and all or part of the amount so paid has been deposited in the State Treasury, a claim for refund of that portion of the overpayment which has been deposited in the State Treasury may be made only to the State Board of Examiners.

2. Whenever an overpayment of a license fee, tax or other charge has been made to any state agency or officer, except under the circumstances specified in subsection 1, the agency or officer may, subject to the provisions of any other applicable law, refund the amount of the overpayment after obtaining the approval of the State Board of Examiners, except that the State Board of Examiners may authorize its Clerk, under such circumstances as it deems appropriate, to approve such a refund on behalf of the Board. A state agency or officer who is aggrieved by a determination of the Clerk to deny all or any part of such a refund may appeal that determination to the State Board of Examiners.
Nev. Rev. Stat. § 353.2765 — NV Code / Title 31 / Chapter 353 / Section 353.2765
Repayment of loans by local governments: Schedule; use of money received from Federal Government
Status: in_force

1. In addition to any applicable requirements set forth in NRS 353.2751 , if the Interim Finance Committee approves a loan to a local government pursuant to the provisions of NRS 353.2705 to 353.2771 , inclusive, the approval must include a schedule for the repayment of the loan. The schedule must specify: (a) A period of not more than 10 years for the repayment of the loan; and (b) The rate of interest, if any, for the loan.

2. Except as otherwise provided in subsection 3, if a local government receives a loan from the Account and, before the loan is repaid, the local government receives money from the Federal Government for a grant match or any of the expenses set forth in subsection 1 of NRS 353.2751 for which the local government received the loan, the local government shall deposit with the State Treasurer for credit to the Account an amount of money equal to the money it received from the Federal Government for the grant match or the expenses.

3. Any money deposited with the State Treasurer for credit to the Account pursuant to subsection 2 must be used to pay the unpaid balance of the loan specified in subsection 2. If any money remains after that payment is made, the remaining money must be paid to the local government to whom the loan was made.
Nev. Rev. Stat. § 353B.160 — NV Code / Title 31 / Chapter 353B / Section 353B.160
Investment; prohibited interests, payments and actions; modification of terms of subsequent prepaid tuition contracts to ensure actuarial soundness
Status: in_force

1. The Board shall create a comprehensive plan that specifies the policies for investment which the State Treasurer shall follow in administrating the Trust Fund.

2. The Board may authorize the State Treasurer to invest the property of the Trust Fund in: (a) A bond, note, certificate or other general obligation of the State of Nevada, or of a county, city, general improvement district or school district of the State of Nevada. (b) A corporate bond of a corporation created by or existing under the laws of the United States or of a state, district or territory of the United States with a rating not lower than “A” or its equivalent by a nationally recognized rating service. The total amount invested in such bonds must not exceed 50 percent of the book value of the total fixed income investments of the Trust Fund. (c) Commercial paper of a corporation created by or existing under the laws of the United States or of a state, district or territory of the United States or of a wholly owned subsidiary of such a corporation with a rating not lower than “A-3” or “P-3” by a nationally recognized rating service. (d) A bond, note, debenture or other valid obligation that is issued by the Treasury of the United States. (e) A bond, note, debenture or other security that is issued by an agency or instrumentality of the United States or that is fully guaranteed by the United States in: (1) The Federal Farm Credit Banks Funding Corporation; (2) The Federal National Mortgage Association; (3) The Federal Home Loan Banks; (4) The Federal Home Loan Mortgage Corporation; or (5) The Government National Mortgage Association. (f) A bond, note, debenture or other security in the Student Loan Marketing Association, regardless of whether it is guaranteed by the United States. (g) A bond, note or other obligation issued or unconditionally guaranteed by the International Bank for Reconstruction and Development, the International Finance Corporation or the Inter-American Development Bank that: (1) Is denominated in United States dollars; (2) Is a senior unsecured unsubordinated obligation; (3) At the time of purchase has a remaining term to maturity of 5 years or less; and (4) Is rated by a nationally recognized rating service as “AA” or its equivalent, or better, except that investments pursuant to this paragraph may not, in aggregate value, exceed 15 percent of the total par value of the Trust Fund at the time of purchase. (h) A bond, note or other obligation publicly issued in the United States by a foreign financial institution, corporation or government that: (1) Is denominated in United States dollars; (2) Is a senior unsecured unsubordinated obligation; (3) Is registered with the Securities and Exchange Commission in accordance with the provisions of the Securities Act of 1933, 15 U.S.C. §§ 77a et seq., as amended; (4) Is purchased from a registered broker-dealer; (5) At the time of purchase has a remaining term to maturity of 5 years or less; and (6) Is rated by a nationally recognized rating service as “A” or its equivalent, or better, except that investments pursuant to this paragraph may not, in aggregate value, exceed 10 percent of the total par value of the Trust Fund as determined at the time of purchase. (i) Collateralized mortgage obligations that are rated “AAA” or its equivalent by a nationally recognized rating service. (j) Asset-backed securities that are rated “AAA” or its equivalent by a nationally recognized rating service. (k) Money market mutual funds that: (1) Are registered with the Securities and Exchange Commission; (2) Are rated by a nationally recognized rating service as “A” or its equivalent, or better; 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. The total dollar amount invested in such mutual funds must not exceed 20 percent of the total dollar amount of the Trust Fund that is invested. (l) Common or preferred stock of a corporation created by or existing under the laws of the United States or of a state, district or territory of the United States, if: (1) The stock of the corporation is: (I) Listed on a national stock exchange; or (II) Traded in the over-the-counter market, if the price quotations for the over-the-counter stock are quoted by the National Association of Securities Dealers Automated Quotation System, NASDAQ; (2) The outstanding shares of the corporation have a total market value of not less than $50,000,000; (3) The maximum investment in stock is not greater than 60 percent of the book value of the total investments of the Trust Fund; (4) Except for investments made pursuant to paragraph (o), the amount of an investment in a single corporation is not greater than 3 percent of the book value of the assets of the Trust Fund; and (5) Except for investments made pursuant to paragraph (o), the total amount of shares owned by the Trust Fund is not greater than 5 percent of the outstanding stock of a single corporation. (m) A covered call or put option on securities that are traded on one or more of the regulated exchanges in the United States. (n) A pooled or commingled real estate fund or a real estate security that is managed by a corporate trustee or by an investment advisory firm that is registered with the Securities and Exchange Commission, either of which may be retained by the Board as an investment manager. The shares and the pooled or commingled fund must be held in trust. The total book value of an investment made under this paragraph must not at any time be greater than 5 percent of the total book value of all investments of the Trust Fund. (o) Mutual funds or common trust funds that consist of any combination of the investments listed in paragraphs (a) to (n), inclusive.

3. The State Treasurer shall exercise the standard of care in investing the property of the Trust Fund that a person of prudence, discretion and intelligence would exercise in the management of his or her own affairs, given the prevailing circumstances, not in regard to speculation but rather to the permanent disposition of the property, considering the potential income from and the probable safety of his or her capital.

4. Subject to the terms, conditions, limitations and restrictions set forth in this section, the State Treasurer may sell, assign, transfer or dispose of the property and investments of the Trust Fund upon the approval of a majority of the Board.

5. The assets of the Trust Fund: (a) Must be maintained, invested and expended solely for the purposes of NRS 353B.010 to 353B.190 , inclusive; and (b) Must not be loaned, transferred or otherwise used for a purpose other than the purposes of NRS 353B.010 to 353B.190 , inclusive.

6. The State Treasurer shall credit any income derived from an investment or a gain from a sale or exchange of an investment to the Trust Fund.

7. The State Treasurer shall acquire each investment for the Trust Fund at a price not to exceed the prevailing market value for such an investment.

8. Each investment in the Trust Fund must be clearly marked to indicate ownership by the Trust Fund.

9. The State Treasurer, an employee of the State Treasurer, or a member or employee of the Board shall not: (a) Have a direct or indirect interest in the income, gain or profit of an investment that the State Treasurer makes; (b) Receive pay or emolument for his or her services in connection with an investment that the State Treasurer makes; or (c) Become an endorser, surety or obligor for money that is borrowed from the Trust Fund.

10. If the annual actuarial study performed pursuant to NRS 353B.190 reveals that there is insufficient money to ensure the actuarial soundness of the Trust Fund, the Board shall modify the terms of subsequent prepaid tuition contracts.

11. The terms, conditions, limitations and restrictions regarding investments of the Trust Fund listed in this section apply only at the time an investment is originally acquired and must not be construed to require the liquidation of an investment at any time.
Nev. Rev. Stat. § 353B.330 — NV Code / Title 31 / Chapter 353B / Section 353B.330
Savings trust accounts and agreements not guaranteed by full faith and credit
Status: in_force

Savings trust accounts and agreements entered into pursuant to NRS 353B.300 to 353B.370 , inclusive, are not guaranteed by the full faith and credit of the State of Nevada.
Nev. Rev. Stat. § 355.176 — NV Code / Title 31 / Chapter 355 / Section 355.176
Investment of money held by local government pursuant to deferred compensation plan
Status: in_force

Any money held by a local government pursuant to a deferred compensation plan may be invested in the types of investments set forth in paragraphs (a) to (h), inclusive, of subsection 1 of NRS 355.170 and may additionally be invested in corporate stocks, bonds and securities, mutual funds, savings and loan or savings bank accounts, credit union accounts, life insurance policies, annuities, mortgages, deeds of trust or other security interests in real or personal property.
Nev. Rev. Stat. § 353.650 — NV Code / Title 31 / Chapter 353 / Section 353.650
State Controller: Entry into cooperative agreements to act as collection agent for any governmental entity
Status: in_force

The Office of the State Controller may act as the collection agent for any governmental entity pursuant to a cooperative agreement entered into between the Office of the State Controller and the governmental entity.
Nev. Rev. Stat. § 353.285 — NV Code / Title 31 / Chapter 353 / Section 353.285
Cash flow of money belonging to State; allocation between deposits and investments; duties of State Board of Finance
Status: in_force

The State Board of Finance shall, in addition to its other duties prescribed by law:

1. Study the cash flow of moneys belonging to the State, and recommend to the State Controller and the State Treasurer appropriate measures to accommodate the time of cash expenditures to the time of cash receipts, in order to minimize the amount of money required as active deposits.

2. Ascertain and keep current a proper allocation of the moneys belonging to the State between deposits, active and inactive, and investments.
Nev. Rev. Stat. § 353.025 — NV Code / Title 31 / Chapter 353 / Section 353.025
Records
Status: in_force

The State Board of Examiners shall cause a record of its proceedings to be kept, and any member may cause his or her dissent to the action of the majority upon a matter brought before it to be entered upon the record.
Nev. Rev. Stat. § 353.035 — NV Code / Title 31 / Chapter 353 / Section 353.035
Attendance of witnesses: Subpoenas; fees
Status: in_force

1. The Chair shall have power to issue subpoenas and compel the attendance of witnesses before the Board in the same manner that any court in this state can compel the attendance of witnesses before it.

2. Whenever in the opinion of the Board the testimony of any witness against a demand pending before the Board is material, the Chair shall cause the attendance of the witness before the Board to testify concerning the demand.

3. The Board is authorized to make such witness a reasonable allowance for such attendance not exceeding the fees of witnesses in civil cases, which shall be paid from the contingent fund allowed the State Board of Examiners, but in no instance shall an allowance be made in favor of a witness who testifies in behalf of a claimant.
Nev. Rev. Stat. § 353C.010 — NV Code / Title 31 / Chapter 353C / Section 353C.010
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 353C.020 to 353C.080 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 354.743 — NV Code / Title 31 / Chapter 354 / Section 354.743
Use of leases and lease-purchase and installment-purchase agreements; “Agreement” defined
Status: in_force

As used in NRS 354.740 and 354.745 , “ agreement ” means an agreement to purchase property in the form of a lease or an agreement to pay in installments, pursuant to which a local government may pay the purchase price of real or personal property over a period of time which extends beyond the biennium in which the agreement is executed, including, without limitation:

1. An agreement pursuant to which a local government may acquire the property that is the subject of the agreement at the end of the term of the agreement or at the end of the term of a renewal of the agreement upon payment of no additional consideration or nominal additional consideration; and

2. An agreement that, for the purposes of federal income tax, is treated as an agreement for conditional sale.
Nev. Rev. Stat. § 355.145 — NV Code / Title 31 / Chapter 355 / Section 355.145
Standard of care for investments made pursuant to NRS 355.140
Status: in_force

In investing pursuant to NRS 355.140 , the State Treasurer shall exercise the judgment and care, under the circumstances then prevailing, which a person of prudence, discretion and intelligence exercises in the management of his or her own affairs, not in regard to speculation, but in regard to the investment of his or her money, considering the probable income as well as the probable safety of his or her capital.
Nev. Rev. Stat. § 353.245 — NV Code / Title 31 / Chapter 353 / Section 353.245
Submission and resubmission of budgets of state executive departments and agencies requesting federal money
Status: in_force

In addition to the requirements of NRS 353.335 , every department, institution and agency of the Executive Department of the State Government, when making requests for budgets to be submitted to the Federal Government for money, equipment, material or services, shall file the request or budget with the office of the Chief and with the Fiscal Analysis Division of the Legislative Counsel Bureau before submitting it to the proper federal authority. When the federal authority has approved the request or budget, in whole or in part, the department, institution or agency of the State Government shall resubmit it to the Chief and to the Fiscal Analysis Division of the Legislative Counsel Bureau for recording before any allotment or encumbrance of the federal money is made.
Nev. Rev. Stat. § 353.115 — NV Code / Title 31 / Chapter 353 / Section 353.115
Limitation of time for claim
Status: in_force

A claim for refund of money deposited in the State Treasury or paid to a state agency or officer shall be made within 1 year from the date of such deposit or payment unless:

1. Payment was made under protest; or

2. The statute applicable to claims against or refunds by a particular state agency or officer prescribes a different period.
Nev. Rev. Stat. § 356.010 — NV Code / Title 31 / Chapter 356 / Section 356.010
Conditions; redeposit of amounts in excess of insurance limits; compensation
Status: in_force

1. All money under the control of the State Treasurer belonging to the State must be deposited in any insured state or national banks, any insured credit unions, any insured savings and loan associations or any insured savings banks in this State or, if approved by the State Board of Finance, in any insured banks, insured credit unions, insured savings and loan associations or insured savings banks outside of this State.

2. The State Treasurer may, with the approval of the State Board of Finance, enter into an agreement with an insured bank, insured credit union, insured savings and loan association or insured savings bank to: (a) Arrange for the redeposit of any money under the control of the State Treasurer 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, credit unions, insured savings and loan associations or insured savings banks; and (b) Ensure that the total amount of money redeposited 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 depository banks, credit unions, savings and loan associations or savings banks may, if authorized by a contract negotiated with the State Treasurer, receive compensation for handling, collecting and paying all checks, drafts and other exchange. The compensation may be provided through the use of a compensating balance or a fixed-rate fee, or any combination thereof.
Nev. Rev. Stat. § 356.015 — NV Code / Title 31 / Chapter 356 / Section 356.015
Time certificates of deposit: Establishment of rate of interest; warrants; inactive deposits
Status: in_force

1. The State Treasurer shall establish the rate of interest to be paid on the maturity of each time certificate of deposit.

2. The State Treasurer shall make all such deposits through warrants of the State Controller.

3. The State Controller shall maintain accurate records of inactive deposits. Time certificates of deposit which are placed with insured banks, credit unions, savings and loan associations and savings banks shall be deemed to constitute inactive deposits.
Nev. Rev. Stat. § 356.305 — NV Code / Title 31 / Chapter 356 / Section 356.305
“Acceptable securities” defined
Status: in_force

“ Acceptable securities ” means the securities described in:

1. Subsection 1 of NRS 356.020 ; and

2. Subsection 1 of NRS 356.133 .
Nev. Rev. Stat. § 354.750 — NV Code / Title 31 / Chapter 354 / Section 354.750
Alternative method for local government to borrow money or purchase or lease property
Status: in_force

1. A local government may borrow money or purchase or lease property or facilities from a nonprofit corporation or trustee in conjunction with one or more other local governments, and in connection therewith may sell or lease property or facilities to the nonprofit corporation or trustee, in each case with such maturity, term, payment, security, pledge, default, remedy, prepayment, redemption, interest rate and other terms or provisions as may be specified in the loan, loan purchase, installment sale, lease or other agreement or note entered into by the local government for that purpose if: (a) Each participating local government determines that it will benefit from economies of scale in borrowing money or purchasing or leasing property in conjunction with one or more other local governments pursuant to this section; and (b) In the case of borrowing to finance operations and other noncapital purposes, the amount borrowed and the interest payable thereon, at the initial interest rate if interest is variable, does not exceed 85 percent of the estimated amount of uncollected taxes, income, revenue, cash receipts and other money of the local government which will be available during the term of the agreement for the repayment of the loan and the interest thereon. As used in this paragraph, “revenue” includes, without limitation, federal and state money received by the local government.

2. A local government may enter into an agreement for liquidity or credit enhancement, with such reimbursement, term, payment, security, pledge, default, remedy, interest rate and other terms, and may invest the proceeds of any borrowing, sale or lease under this section or any certificates of participation therein and any money pledged or set aside for the payment or security thereof in such securities or obligations, as the local government deems necessary or appropriate in connection with any borrowing, sale or lease pursuant to this section. A local government may also do all things and execute all documents that may be necessary or desirable in connection with the issuance of certificates of participation, or other interests, in any loan, note, installment sale, lease or other agreement of the local government entered into pursuant to this section or otherwise necessary to effectuate the purposes of this section, and may authorize a nonprofit corporation or trustee to act as its agent for purposes of entering into any trust, liquidity, credit, investment or other agreement in connection with financing pursuant to this section.

3. This section provides a complete, additional and alternative method for accomplishing the acts authorized by this section and must be liberally construed to accomplish its purposes.

4. As used in this section, “local government” has the meaning ascribed to it in NRS 354.474 .
Nev. Rev. Stat. § 356.190 — NV Code / Title 31 / Chapter 356 / Section 356.190
Liability of county treasurer if depository fails or becomes insolvent; deposit of collateral or security for safekeeping
Status: in_force

1. Where the county treasurer, in accordance with the terms and provisions of NRS 356.120 to 356.180 , inclusive, has deposited and kept on deposit any public money in depositories so designated, he or she: (a) Is not liable personally on or upon his or her official bond for any public money that may be lost by reason of the failure or insolvency of any such depository. (b) Is chargeable with the safekeeping, management and disbursement of any bonds that may be deposited with the county treasurer as security for deposits of county money, and with interest thereon, and with the proceeds of any sale of such bonds.

2. The county treasurer may deposit for safekeeping with an insured bank, insured credit union, insured savings and loan association, insured savings bank or trust company within or without this state any securities or bonds pledged with him or her, as county treasurer, as collateral or as security for any purpose, but the securities or bonds may only be so deposited by the county treasurer with the joint consent and approval, in writing, of the pledgor thereof and the board of county commissioners. Any bonds or securities so deposited must be deposited under a written deposit agreement between the pledgor and the county treasurer, to be held and released only upon a written order of the county treasurer that has been approved by the board of county commissioners.
Nev. Rev. Stat. § 353.337 — NV Code / Title 31 / Chapter 353 / Section 353.337
Grant from Federal Government: Compliance with requirement for public hearing
Status: in_force

If a public hearing is required in connection with a grant from the Federal Government to a state agency, commission or department, the agency, commission or department may:

1. Request that the hearing be included as an item on the agenda of a meeting of the Interim Finance Committee; or

2. Conduct the hearing in accordance with chapter 241 of NRS .
Nev. Rev. Stat. § 355.270 — NV Code / Title 31 / Chapter 355 / Section 355.270
Corporation for public benefit: Formation and purpose; composition, chair, compensation and duties of board of directors
Status: in_force

1. The State Treasurer shall cause to be formed in this State an independent corporation for public benefit, the general purpose of which is to act as a limited partner of limited partnerships or a shareholder or member of limited-liability companies that provide private equity funding 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.

2. The corporation for public benefit created pursuant to subsection 1 must have a board of directors consisting of: (a) Five members from the private sector who have at least 10 years of experience in the field of investment, finance or banking and who are appointed for a term of 4 years as follows: (1) One member appointed by the Governor; (2) One member appointed by the Senate Majority Leader; (3) One member appointed by the Speaker of the Assembly; (4) One member appointed by the Senate Minority Leader; and (5) One member appointed by the Assembly Minority Leader; (b) The Chancellor of the Nevada System of Higher Education or his or her designee; (c) The State Treasurer; and (d) With the approval of a majority of the members of the board of directors described in subparagraphs (1), (2) and (3) of paragraph (a), up to 5 additional members who are direct investors in the corporation for public benefit.

3. Vacancies in the appointed positions on the board of directors of the corporation for public benefit created pursuant to subsection 1 must be filled by the appointing authority for the unexpired term.

4. The State Treasurer shall serve as chair of the board of directors of the corporation for public benefit created pursuant to subsection 1.

5. The members of the board of directors of the corporation for public benefit must serve without compensation but are entitled to be reimbursed for actual and necessary expenses incurred in the performance of their duties, including, without limitation, travel expenses.

6. A member of the board of directors of the corporation for public benefit created pursuant to subsection 1 must not have an equity interest in any: (a) External asset manager or venture capital or private equity investment firm contracting with the board pursuant to NRS 355.275 ; or (b) Business which receives private equity funding pursuant to NRS 355.250 to 355.285 , inclusive.

7. The board of directors of the corporation for public benefit created pursuant to subsection 1 shall: (a) Comply with the provisions of chapter 281A of NRS . (b) Meet at least quarterly and conduct any meetings of the board of directors in accordance with chapter 241 of NRS . (c) Review the performance of all external asset managers and venture capital and private equity investment firms contracting with the corporation for public benefit pursuant to NRS 355.275 . (d) On or before December 1 of each year, provide an annual report to the Governor and the Director of the Legislative Counsel Bureau for transmission to the next session of the Legislature, if the report is submitted in an even-numbered year or to the Legislative Commission, if the report is submitted in an odd-numbered year. The report must include, without limitation: (1) An accounting of all money received and expended by the corporation for public benefit, including, without limitation, any matching grant funds, gifts or donations; and (2) The name and a brief description of all businesses receiving an investment of money pursuant to the provisions of NRS 355.250 to 355.285 , inclusive.
Nev. Rev. Stat. § 353.291 — NV Code / Title 31 / Chapter 353 / Section 353.291
Short title
Status: in_force

NRS 353.291 to 353.3245 , inclusive, may be cited as the State Accounting Procedures Law.
Nev. Rev. Stat. § 353B.040 — NV Code / Title 31 / Chapter 353B / Section 353B.040
“Purchaser” defined
Status: in_force

“Purchaser” means a person who makes or is obligated to make payments for tuition in accordance with a prepaid tuition contract.
Nev. Rev. Stat. § 354.530 — NV Code / Title 31 / Chapter 354 / Section 354.530
“Fund” defined
Status: in_force

“Fund” means a fiscal and accounting entity having a self-balancing set of accounts, recording cash and other financial resources together with all related liabilities and residual equities or balances, or changes therein, which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with specific regulations, restrictions or limitations.
Nev. Rev. Stat. § 355.172 — NV Code / Title 31 / Chapter 355 / Section 355.172
Possession of securities purchased by or for local government; security interest in lieu of possession
Status: in_force

1. Except as otherwise provided in NRS 355.178 , any securities purchased as an investment of money by or on behalf of a local government, as defined in NRS 354.474 , must remain in the possession of the county treasurer, the appropriate officer of that local government or a qualified bank or trust, throughout the period of the investment, except that any securities subject to repurchase by the seller may be evidenced by a fully perfected, first-priority security interest, as provided in subsection 3.

2. The county treasurer or the appropriate officer of a local government may physically possess those securities, which must be registered in the name of the local government, or may make an agreement, in writing, with any qualified bank or trust to hold those securities for, and in the name of, that local government. If such an agreement is made, the bank or trust shall furnish the county treasurer or the appropriate officer of the local government with a written statement acknowledging that it is so holding the securities.

3. If the securities purchased are subject to an arrangement for the repurchase of those securities by the seller thereof, the county treasurer, the appropriate officer of the local government or a qualified bank or trust may, in lieu of the requirement of possession, obtain the sole, fully perfected, first-priority security interest in those securities. If the bank or trust obtains such a security interest, it shall furnish the county treasurer or the appropriate officer of the local government with a written statement acknowledging that fact. Any securities so purchased must, at the time of purchase by or for a local government, have a fair market value equal to or greater than the repurchase price of the securities.

4. For the purposes of this section, a bank or trust is qualified to hold securities for a local government if the bank or trust is rated by a nationally recognized rating service as “AA-“ or its equivalent, or better.
Nev. Rev. Stat. § 353.070 — NV Code / Title 31 / Chapter 353 / Section 353.070
Actual money only to be counted
Status: in_force

It is unlawful for the Legislative Auditor to count as money in the State Treasury anything but actual checks pending deposit and currency in the custody of the State Treasurer, or deposits in depository banks, credit unions or savings banks or in insured savings and loan associations.
Nev. Rev. Stat. § 357.026 — NV Code / Title 31 / Chapter 357 / Section 357.026
“Original source” defined
Status: in_force

“ Original source ” means a person:

1. Who voluntarily discloses to the State or a political subdivision the information on which the allegations or transactions in an action for a false claim are based before the public disclosure of the information; or

2. Who has knowledge of information that is independent of and materially adds to the publicly disclosed allegations or transactions and who voluntarily provides such information to the State or political subdivision before bringing an action for a false claim based on the information.
Nev. Rev. Stat. § 355.320 — NV Code / Title 31 / Chapter 355 / Section 355.320
“Indirect holdings” defined
Status: in_force

“ Indirect holdings ” means all publicly traded securities of a company that are held by the State Treasurer in an account or fund which is managed by one or more persons who are not employed by the State Treasurer and in which the public fund owns shares or interests, together with other investors who are not subject to NRS 355.300 to 355.350 , inclusive.
Nev. Rev. Stat. § 353.307 — NV Code / Title 31 / Chapter 353 / Section 353.307
“Fund balance” defined
Status: in_force

“Fund balance” means the excess of assets over liabilities in a governmental fund.
Nev. Rev. Stat. § 353D.040 — NV Code / Title 31 / Chapter 353D / Section 353D.040
“Compensation” defined
Status: in_force

<Section effective July 1, 2025. >

“ Compensation ” means compensation within the meaning of section 219(f)(1) of the Internal Revenue Code , 26 U.S.C. § 219 (f)(1) , that is received by a covered employee from a covered employer.
Nev. Rev. Stat. § 354.475 — NV Code / Title 31 / Chapter 354 / Section 354.475
Exemption of certain special districts from certain requirements of Local Government Budget and Finance Act; conditional exemption from requirement of providing annual audit; request for audit of exempt special district by board of county commissioners; regulations
Status: in_force

1. All special districts subject to the provisions of the Local Government Budget and Finance Act with annual total expenditures of less than $300,000 may petition the Department of Taxation for exemption from the requirements of the Local Government Budget and Finance Act for the filing of certain budget documents and audit reports. Such districts may further petition to use a cash basis of accounting.

2. A special district subject to the provisions of the Local Government Budget and Finance Act with budgeted annual total expenditures of $300,000 or more in a fiscal year that reasonably anticipates its actual annual total expenditures for that fiscal year will be less than $300,000 may petition the Department of Taxation for a conditional exemption from the requirement of providing for an annual audit pursuant to NRS 354.624 for that fiscal year. If the actual annual total expenditures of the special district are $300,000 or more, the special district shall provide for an annual audit for that fiscal year.

3. A petition filed with the Department of Taxation: (a) Pursuant to subsection 1 must be received by the Department of Taxation on or before March 1 to be effective for the succeeding fiscal year; or (b) Pursuant to subsection 2 must be received by the Department of Taxation on or before March 1 to be effective for the current fiscal year.

4. A board of county commissioners may request the Department of Taxation to audit the financial records of a special district that is exempt from the requirement of providing for an annual audit pursuant to this section.

5. If a petition filed by a special district pursuant to subsection 1 is granted by the Department of Taxation: (a) The minimum required of the special district is the filing with the Department of Taxation of an annual budget on or before April 15 of each year and the filing of fiscal reports in accordance with NRS 354.6015 ; and (b) The special district is exempt from all publication requirements of the Local Government Budget and Finance Act, except that the Department of Taxation by regulation shall require an annual publication of a notice of budget adoption and filing.

6. The Committee on Local Government Finance shall adopt regulations pursuant to NRS 354.594 which are necessary to carry out the purposes of this section.

7. The revenue recorded in accounts that are kept on a cash basis must consist of cash items.

8. As used in this section, “ cash basis ” means the system of accounting under which revenues are recorded only when received and expenditures or expenses are recorded only when paid.
Nev. Rev. Stat. § 354.59817 — NV Code / Title 31 / Chapter 354 / Section 354.59817
Limitation upon revenue from taxes ad valorem: Levy of additional tax ad valorem for capital projects upon approval of voters
Status: in_force

1. In addition to the allowed revenue from taxes ad valorem determined pursuant to NRS 354.59811 , upon the approval of a majority of the registered voters of a county voting upon the question, the board of county commissioners may levy a tax ad valorem on all taxable property in the county at a rate not to exceed 15 cents per $100 of the assessed valuation of the county. A tax must not be levied pursuant to this section for more than 10 years.

2. The board of county commissioners shall direct the county treasurer to distribute quarterly the proceeds of any tax levied pursuant to the provisions of this section among the county and the cities and towns within that county in the proportion that the supplemental city-county relief tax distribution factor of each of those local governments for the 1990-1991 fiscal year bears to the sum of the supplemental city-county relief tax distribution factors of all the local governments in the county for the 1990-1991 fiscal year.

3. The board of county commissioners shall not reduce the rate of any tax levied pursuant to the provisions of this section without the approval of each of the local governments that receives a portion of the tax, except that, if a local government declines to receive its portion of the tax in a particular year, the levy may be reduced by the amount that local government would have received.

4. The governing body of each local government that receives a portion of the revenue from the tax levied pursuant to this section shall establish a separate capital projects fund for the purposes set forth in this section. All interest and income earned on the money in the fund must also be deposited in the fund. The money in the fund may only be used for: (a) The purchase of capital assets, including land, improvements to land and major items of equipment; (b) The construction or replacement of public works; and (c) The renovation of existing governmental facilities, not including normal recurring maintenance. The money in the fund must not be used to finance the issuance or the repayment of bonds or other obligations, including medium-term obligations and installment-purchase agreements.

5. Money may be retained in the fund for not more than 10 years to allow the funding of projects without the issuance of bonds or other obligations. For the purpose of determining the length of time a deposit of money has been retained in the fund, all money withdrawn from the fund shall be deemed to be taken on a first-in, first-out basis. No money in the fund at the end of the fiscal year may revert to any other fund, nor may the money be a surplus for any other purpose than those specified in this section.

6. The annual budget and audit report of each local government must specifically identify this fund and must indicate in detail the projects that have been funded with money from the fund. Any planned accumulation of the money in the fund must also be specifically identified.

7. The projects on which money raised pursuant to this section will be expended must be approved by the voters in the question submitted pursuant to subsection 1 or in a separate question submitted on the ballot at a general or special election.
Nev. Rev. Stat. § 354.484 — NV Code / Title 31 / Chapter 354 / Section 354.484
“Assets” defined
Status: in_force

“Assets” means property which:

1. Is owned by a governmental unit; and

2. Has a monetary value.
Nev. Rev. Stat. § 356.390 — NV Code / Title 31 / Chapter 356 / Section 356.390
Regulations
Status: in_force

The State Treasurer shall adopt such regulations as he or she determines are necessary to carry out the provisions of NRS 356.300 to 356.390 , inclusive.
Nev. Rev. Stat. § 354.790 — NV Code / Title 31 / Chapter 354 / Section 354.790
Additional fee for providing service to customer in expeditious or convenient manner
Status: in_force

1. Except as otherwise provided by specific statute, a local government may charge, in addition to the fee otherwise imposed for a service provided by the local government, a reasonable fee for providing the service in an expedited manner or in a manner that is expeditious or convenient to the customer.

2. The fee authorized pursuant to subsection 1 must not exceed 5 percent of the fee otherwise imposed.

3. As used in this section, “local government” has the meaning ascribed to it in NRS 354.474 .
Nev. Rev. Stat. § 353D.090 — NV Code / Title 31 / Chapter 353D / Section 353D.090
“Individual Retirement Account” defined
Status: in_force

<Section effective July 1, 2025. >

“ Individual Retirement Account ” means an individual retirement account or an individual retirement annuity established under section 408 or 408A of the Internal Revenue Code , 26 U.S.C. § 408 or 408A .
Nev. Rev. Stat. § 353.085 — NV Code / Title 31 / Chapter 353 / Section 353.085
Procedure for payment of contract claims when no legislative appropriation has been made
Status: in_force

1. The State Board of Examiners shall: (a) Examine all claims arising out of contract and not under NRS 282.290 against the State presented to the Board by petition, for which no appropriation has been made and which require action by the Legislature. (b) Take all evidence in regard to the same which may be offered by the claimant or deemed proper by the Board.

2. The evidence shall be reduced to writing, and the petition, the written evidence and the opinion of the Board in reference to the merits of the same shall be transmitted to the Legislature on the first day of its next session.
Nev. Rev. Stat. § 354.598743 — NV Code / Title 31 / Chapter 354 / Section 354.598743
Adjustment of allowed revenue from taxes ad valorem upon assumption by local government of function previously performed by another local government that no longer exists
Status: in_force

Except as otherwise provided in NRS 354.598747 , if one or more local governments assume the functions previously performed by a local government that no longer exists, the Nevada Tax Commission shall add to the allowed revenue from taxes ad valorem otherwise allowable to the local government or local governments pursuant to NRS 354.59811 an amount equal to the allowed revenue from taxes ad valorem for the last fiscal year of existence of the local government whose functions were assumed. If more than one local government assumes the functions, the additional revenue must be divided among the local governments 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 taxes ad valorem if the increase would result in a decrease in revenue of any local government in the county that does not assume those functions.
Nev. Rev. Stat. § 357.250 — NV Code / Title 31 / Chapter 357 / Section 357.250
Entitlement of employee, contractor or agent to remedies in certain circumstances
Status: in_force

1. If an employee, contractor or agent is discharged, demoted, suspended, threatened, harassed or discriminated against in the terms and conditions of employment as a result of any lawful act of the employee, contractor, agent or associated others in furtherance of an action brought pursuant to this chapter or any other effort to stop a violation of this chapter, the employee, contractor or agent is entitled to all relief necessary to make the employee, contractor or agent whole, including, without limitation, reinstatement with the same seniority as if the discharge, demotion, suspension, threat, harassment or discrimination had not occurred or damages in lieu of reinstatement if appropriate, twice the amount of lost compensation, interest on the lost compensation, any special damage sustained as a result of the discharge, demotion, suspension, threat, harassment or discrimination and punitive damages if appropriate. The employee, contractor or agent may also receive compensation for expenses recoverable pursuant to NRS 357.180 , costs and attorney's fees.

2. A civil action brought pursuant to this section may not be brought more than 3 years after the date on which the discharge, demotion, suspension, threat, harassment or discrimination occurred.
Nev. Rev. Stat. § 354.59813 — NV Code / Title 31 / Chapter 354 / Section 354.59813
Limitation upon revenue from taxes ad valorem: Levy of additional tax ad valorem for operating purposes under certain circumstances
Status: in_force

1. In addition to the allowed revenue from taxes ad valorem determined pursuant to NRS 354.59811 , if the estimate of the revenue available from the supplemental city-county relief tax to the county as determined by the Executive Director of the Department of Taxation pursuant to the provisions of subsection 10 of NRS 360.690 is less than the amount of money that would be generated by applying a tax rate of $1.15 per $100 of assessed valuation to the assessed valuation of the county, except any assessed valuation attributable to the net proceeds of minerals, the governing body of each local government may levy an additional tax ad valorem for operating purposes. The total tax levied by the governing body of a local government pursuant to this section must not exceed a rate calculated to produce revenue equal to the difference between the: (a) Amount of revenue from supplemental city-county relief tax estimated to be received by the county pursuant to subsection 10 of NRS 360.690 ; and (b) The tax that the county would have been estimated to receive if the estimate for the total revenue available from the tax was equal to the amount of money that would be generated by applying a tax rate of $1.15 per $100 of assessed valuation to the assessed valuation of the county, multiplied by the proportion determined for the local government pursuant to subparagraph (2) of paragraph (a) of subsection 4 of NRS 360.690 , subparagraph (2) of paragraph (a) of subsection 5 of NRS 360.690 or subsection 6 of NRS 360.690 , as appropriate.

2. Any additional taxes ad valorem levied as a result of the application of this section must not be included in the base from which the allowed revenue from taxes ad valorem for the next subsequent year is computed.

3. As used in this section, “local government” has the meaning ascribed to it in NRS 360.640 .
Nev. Rev. Stat. § 356.350 — NV Code / Title 31 / Chapter 356 / Section 356.350
Establishment
Status: in_force

The State Treasurer shall establish a program for the monitoring of collateral maintained by a depository for the uninsured balances of public money upon the request of the public entity that deposited the public money with the depository.
Nev. Rev. Stat. § 354.598005 — NV Code / Title 31 / Chapter 354 / Section 354.598005
Procedures and requirements for augmenting or amending budget
Status: in_force

1. If anticipated resources actually available during a budget period exceed those estimated, a local government may augment a budget in the following manner: (a) If it is desired to augment the appropriations of a fund to which ad valorem taxes are allocated as a source of revenue, the governing body shall, by majority vote of all members of the governing body, adopt a resolution reciting the appropriations to be augmented, and the nature of the unanticipated resources intended to be used for the augmentation. Before the adoption of the resolution, the governing body shall publish notice of its intention to act thereon in a newspaper of general circulation in the county for at least one publication. No vote may be taken upon the resolution until 3 days after the publication of the notice. (b) If it is desired to augment the budget of any fund other than a fund described in paragraph (a) or an enterprise or internal service fund, the governing body shall adopt, by majority vote of all members of the governing body, a resolution providing therefor at a regular meeting of the body.

2. A budget augmentation becomes effective upon delivery to the Department of Taxation of an executed copy of the resolution providing therefor.

3. Nothing in NRS 354.470 to 354.626 , inclusive, precludes the amendment of a budget by increasing the total appropriation for any fiscal year to include a grant-in-aid, gift or bequest to a local unit of government which is required to be used for a specific purpose as a condition of the grant. Acceptance of such a grant and agreement to the terms imposed by the granting agency or person constitutes an appropriation to the purpose specified.

4. A local government need not file an augmented budget for an enterprise or internal service fund with the Department of Taxation but shall include the budget augmentation in the next quarterly report.

5. Budget appropriations may be transferred between functions, funds or contingency accounts in the following manner, if such a transfer does not increase the total appropriation for any fiscal year and is not in conflict with other statutory provisions: (a) The person designated to administer the budget for a local government may transfer appropriations within any function. (b) The person designated to administer the budget may transfer appropriations between functions or programs within a fund, if: (1) The governing body is advised of the action at the next regular meeting; and (2) The action is recorded in the official minutes of the meeting. (c) Upon recommendation of the person designated to administer the budget, the governing body may authorize the transfer of appropriations between funds or from the contingency account, if: (1) The governing body announces the transfer of appropriations at a regularly scheduled meeting and sets forth the exact amounts to be transferred and the accounts, functions, programs and funds affected; (2) The governing body sets forth its reasons for the transfer; and (3) The action is recorded in the official minutes of the meeting.

6. In any year in which the Legislature by law increases or decreases the revenues of a local government, and that increase or decrease was not included or anticipated in the local government's final budget as adopted pursuant to NRS 354.598 , the governing body of any such local government may, within 30 days of adjournment of the legislative session, file an amended budget with the Department of Taxation increasing or decreasing its anticipated revenues and expenditures from that contained in its final budget to the extent of the actual increase or decrease of revenues resulting from the legislative action.

7. In any year in which the Legislature enacts a law requiring an increase or decrease in expenditures of a local government, which was not anticipated or included in its final budget as adopted pursuant to NRS 354.598 , the governing body of any such local government may, within 30 days of adjournment of the legislative session, file an amended budget with the Department of Taxation providing for an increase or decrease in expenditures from that contained in its final budget to the extent of the actual amount made necessary by the legislative action.

8. An amended budget, as approved by the Department of Taxation, is the budget of the local government for the current fiscal year.

9. On or before January 1 of each school year, each school district shall adopt an amendment to its final budget after the average daily enrollment of pupils is reported for the preceding quarter pursuant to subsection 1 of NRS 387.1223 . The amendment must reflect any adjustments necessary as a result of the report.
Nev. Rev. Stat. § 353A.038 — NV Code / Title 31 / Chapter 353A / Section 353A.038
Executive Branch Audit Committee: Creation; membership; compensation of members; duties
Status: in_force

1. The Executive Branch Audit Committee is hereby created.

2. The Committee must consist of one member who is a representative of the general public appointed by the Governor, who has at least 5 years of progressively responsible experience in the field of auditing and who does not engage in business with any agency, and the following ex officio members: (a) The Governor, who shall serve as Chair of the Committee; (b) The Lieutenant Governor; (c) The Secretary of State; (d) The State Treasurer; (e) The State Controller; and (f) The Attorney General.

3. The member of the Committee who is a representative of the general public is entitled to receive a salary of $80 per day while engaged in the business of the Committee.

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

5. The Committee shall: (a) Adopt policies and procedures for the operation of the Division; (b) Approve, with or without revision, each annual plan for auditing agencies presented by the Administrator pursuant to NRS 353A.045 , and any revisions to such a plan, before the plan is implemented; and (c) Approve, with or without revision, each annual report submitted by the Administrator pursuant to NRS 353A.065 .
Nev. Rev. Stat. § 358.040 — NV Code / Title 31 / Chapter 358 / Section 358.040
Powers and duties
Status: in_force

1. The Council shall: (a) Advise and assist the Director with: (1) Developing and carrying out the State Plan For Maximizing Federal Assistance required by NRS 223.486 ; and (2) Carrying out the provisions of NRS 223.460 to 223.498 , inclusive, including, without limitation, any training provided by the Director pursuant to paragraph (k) of subsection 1 of NRS 232.224 ; and (b) Develop legislative and executive recommendations relating to obtaining and maximizing federal assistance in this State.

2. The Council may request information from state and local agencies, tribal governments and nonprofit organizations for the purposes of advising and assisting the Director with evaluating and monitoring the success of such agencies, governments or organizations in accordance with the stated purpose of the Office pursuant to NRS 223.472 . A state agency, local agency, tribal government or nonprofit organization may provide any information, collaborate with the Council or utilize any assistance offered by the Council for the purpose of obtaining and maximizing any federal assistance that may be available to the agency, government or organization.

3. As used in this section: (a) “ Director ” means the Director of the Office. (b) “ Federal assistance ” has the meaning ascribed to it in NRS 223.464 . (c) “ Office ” means the Office of Federal Assistance created by NRS 223.472 .
Nev. Rev. Stat. § 356.083 — NV Code / Title 31 / Chapter 356 / Section 356.083
Calls from inactive deposits; waiver of interest
Status: in_force

Subject to the applicable contract with the depositary, the State Treasurer may call in money from inactive deposits, waiving interest thereon if required, and place it in active deposits when necessary to meet current requirements.
Nev. Rev. Stat. § 353.321 — NV Code / Title 31 / Chapter 353 / Section 353.321
Categories of funds: Reporting; accounting; assignment by State Controller
Status: in_force

1. The State Controller shall report each fund in one of the following categories for purposes of annual financial statements: (a) State General Fund; (b) Special revenue funds; (c) Capital projects funds; (d) Debt service funds; (e) Permanent funds; (f) Enterprise funds; (g) Internal service funds; (h) Pension trust funds; (i) Investment trust funds; (j) Private purpose trust funds; or (k) Agency funds.

2. All resources and financial transactions of the State Government must be accounted for within a fund. The State Controller shall assign each existing fund which is created by statute to the proper category necessary to present the annual financial statements in conformity with generally accepted accounting principles, notwithstanding any statutory designation to the contrary.
Nev. Rev. Stat. § 355.175 — NV Code / Title 31 / Chapter 355 / Section 355.175
Authority for investments; priority in case of conflicting orders concerning same money; disposition of interest
Status: in_force

1. The governing body of any local government or agency, whether or not it is included in the provisions of chapter 354 of NRS , may: (a) Direct its treasurer or other appropriate officer to invest its money or any part thereof in any investment which is lawful for a local government pursuant to NRS 355.170 ; or (b) Allow a county treasurer to make such investments through a pool as provided in NRS 355.168 .

2. In case of conflict, any order made pursuant to paragraph (a) of subsection 1 takes precedence over any other order concerning the same money or funds pursuant to subsection 5 of NRS 355.170 .

3. Any interest earned from investments made pursuant to this section must be credited, at the discretion of the local governing unit, to any fund under its control, but the designation of the fund must be made at the time of investment of the principal.
Nev. Rev. Stat. § 354.655 — NV Code / Title 31 / Chapter 354 / Section 354.655
Definitions
Status: in_force

As used in NRS 354.655 to 354.725 , inclusive, unless the context requires otherwise:

1. “ Basic function ” means an activity of a local government for the purpose of accomplishing a primary service or function of the local government, including, without limitation, those services and functions relating to general governance, public safety, public works, public health, public welfare and judicial services or functions for which the local government is responsible.

2. “ Commission ” means the Nevada Tax Commission.

3. “ Committee ” means the Committee on Local Government Finance.

4. “ Department ” means the Department of Taxation.

5. “ Executive Director ” means the Executive Director of the Department.

6. “ Fiscal watch ” means the monitoring of a local government pursuant to a notice issued pursuant to subsection 1 of NRS 354.675 .

7. “ Holder ” includes, without limitation, any owner or other person described in NRS 350.530 , a trustee, guarantor, insurer and credit enhancer, and a bank that issues a letter of credit.

8. “ Local government ” means any local government subject to the provisions of the Local Government Budget and Finance Act.

9. “ Technical financial assistance ” means assistance provided by the Department to a local government, including, without limitation, assistance with developing budgets, reviewing contracts, analyzing cost allocations, debt management, feasibility analyses and revenue forecasting.

10. The words and terms defined in the Local Government Budget and Finance Act have the meanings ascribed to them in that act.
Nev. Rev. Stat. § 356.011 — NV Code / Title 31 / Chapter 356 / Section 356.011
Requirements for account of state agency in bank, credit union, savings and loan association or savings bank
Status: in_force

1. A state agency which opens an account in a bank, credit union, savings and loan association or savings bank must first obtain the approval of the State Board of Finance, except in cases where the account is specifically authorized by statute.

2. The titles of the accounts must indicate that the account is in the name of the State of Nevada.

3. The State Treasurer shall keep a list of all state accounts in banks, credit unions, savings and loan associations or savings banks, whether they are maintained within or outside the State. The list must contain: (a) The names of those financial institutions with which state agencies have accounts, and the names of those agencies. (b) The names of those state agencies which have accounts with banks, credit unions, savings and loan associations and savings banks, and the names of those financial institutions.

4. Each state agency shall send to the State Controller at the end of each fiscal year a copy of the statement of account for each account it maintains with a bank, credit union, savings and loan association or savings bank, and other related documents which reconcile the account to the agency’s books.
Nev. Rev. Stat. § 355.045 — NV Code / Title 31 / Chapter 355 / Section 355.045
General duties
Status: in_force

The State Board of Finance shall review and approve or disapprove the policies established by the State Treasurer for investment of money of the State and of money in the Local Government Pooled Investment Fund. The Board shall review both sets of policies at least every 4 months.
Nev. Rev. Stat. § 353D.250 — NV Code / Title 31 / Chapter 353D / Section 353D.250
Personally identifiable information of participants in Program and account information are confidential; exceptions
Status: in_force

<Section effective July 1, 2025. >

Except to the extent necessary to administer the Program, personally identifiable information relating to individual participants in the Program, including, without limitation, the name, physical and electronic mail address, telephone number and other personally identifiable information of the participant, and information relating to individual accounts established or maintained through the Program, including, without limitation, the identity or amount of any investment, contribution or earnings attributable to an account, is confidential and must be maintained as confidential, unless the person who provides the information or is the subject of the information expressly agrees in writing to the disclosure of the information.
Nev. Rev. Stat. § 353.249 — NV Code / Title 31 / Chapter 353 / Section 353.249
State money to be deposited in State Treasury and credited to State General Fund; exception
Status: in_force

Except as otherwise expressly provided in a particular statute:

1. All money which belongs to the State must be deposited in the State Treasury.

2. All money which is deposited in the State Treasury must be credited to the State General Fund.
Nev. Rev. Stat. § 353B.370 — NV Code / Title 31 / Chapter 353B / Section 353B.370
Duties and powers of Board; contracts for services
Status: in_force

1. The Board shall establish a comprehensive investment plan for the money in the Trust Fund.

2. Notwithstanding the provisions of any specific statute to the contrary, the Board may invest or cause to be invested any money in the Trust Fund, including, without limitation, the money in the Program Account, in any manner reasonable and appropriate to achieve the objectives of the Nevada College Savings Program, exercising the discretion and care of a prudent person in similar circumstances with similar objectives. The Board shall consider the risk, expected rate of return, term or maturity, diversification of total investments, liquidity and anticipated investments in and withdrawals from the Trust Fund.

3. The Board may establish criteria and select investment managers, mutual funds or other such entities to act as investment managers for the Nevada College Savings Program.

4. The Board may employ or contract with investment managers, evaluation services or other services as determined by the Board to be necessary for the effective and efficient operation of the Nevada College Savings Program.

5. The Board may employ personnel and contract for goods and services necessary for the effective and efficient operation of the Nevada College Savings Program.

6. The marketing plan and materials for the Nevada College Savings Program must be approved by the Board.

7. The Board may prescribe terms and conditions of savings trust agreements.

8. The Board may contract with one or more qualified entities for the day-to-day operations of the Nevada College Savings Program as the Program Administrator for the management of the marketing of the Program, the administration of the comprehensive investment plan and Trust Fund, the selection of investment managers for the Nevada College Savings Program and the performance of similar activities.

9. All contracts authorized by this section are subject to the requirements of chapter 333 of NRS , except that: (a) Notwithstanding the provisions of subsection 1 of NRS 333.165 to the contrary, the Board shall contract for all services regardless of the estimated value of the services; and (b) Notwithstanding the provisions of NRS 333.335 to the contrary, each proposal received by the Board concerning services must be evaluated by the Board at a public meeting and each contract for services must be awarded by the Board at a public meeting.
Nev. Rev. Stat. § 353B.140 — NV Code / Title 31 / Chapter 353B / Section 353B.140
Creation; sources; nonreversion
Status: in_force

1. The Nevada Higher Education Prepaid Tuition Trust Fund is hereby created within the State Treasury to allow: (a) The cost of tuition to be paid in advance of enrollment at an institution of higher education; and (b) The payment of qualified higher education expenses for qualified beneficiaries in accordance with the policy adopted pursuant to NRS 353B.145 .

2. The Trust Fund consists of payments received pursuant to: (a) A prepaid tuition contract; (b) A bequest, endowment or grant from the Federal Government; (c) A matching contribution made as described in NRS 363A.137 or 363B.117 ; (d) A loan made to the Trust Fund for purposes of the fiscal stabilization of the Nevada Higher Education Prepaid Tuition Program; or (e) Any other public or private source of money.

3. Money in the Trust Fund that is not expended during any biennium does not revert to the State General Fund at any time.

4. As used in this section, “qualified higher education expenses” has the meaning ascribed to it in 26 U.S.C. § 529 .
Nev. Rev. Stat. § 354.470 — NV Code / Title 31 / Chapter 354 / Section 354.470
Short title
Status: in_force

NRS 354.470 to 354.626 , inclusive, may be cited as the Local Government Budget and Finance Act.
Nev. Rev. Stat. § 357.020 — NV Code / Title 31 / Chapter 357 / Section 357.020
“Claim” defined
Status: in_force

1. “ Claim ” means any request or demand, regardless of whether it is made under a contract or otherwise, for money, property or services, regardless of whether the State or a political subdivision has title to the money or property, that is: (a) Presented to an officer, employee or agent of this state or of a political subdivision of this state; or (b) Made to a contractor, grantee or other recipient if the money, property or services are to be spent or used on behalf of the State or a political subdivision and the State or political subdivision: (1) Provides or has provided any portion of the money, property or services that are requested or demanded; or (2) Will reimburse the contractor, grantee or other recipient for any portion of the money, property or services that are requested or demanded.

2. The term does not include a request or demand for money or property that the State or a political subdivision has paid or provided to a natural person as: (a) Compensation for employment; or (b) An income subsidy with no restriction on the natural person's use of the money or property.
Nev. Rev. Stat. § 356.160 — NV Code / Title 31 / Chapter 356 / Section 356.160
Requirements for payment of warrant of county auditor
Status: in_force

A warrant of the county auditor is a check or order of the county treasurer, and must be paid by the depository bank, credit union, savings and loan association or savings bank designated thereon, if the warrant is registered and countersigned, and the bank, credit union, savings and loan association or savings bank has been designated for payment thereof as provided in NRS 356.180 .
Nev. Rev. Stat. § 354.256 — NV Code / Title 31 / Chapter 354 / Section 354.256
Notification of county auditor concerning uncollectible account; application for removal of information concerning uncollectible accounts from records of county
Status: in_force

1. If at any time, in the opinion of the centralized collection system or the district attorney, it becomes impossible or impractical to collect an account receivable owed to the county because: (a) The debtor has filed bankruptcy; (b) The debtor has died; (c) The amount of the account receivable is less than the amount it would cost to collect it; or (d) Of some other reason or circumstance, the centralized collection system or the district attorney shall notify the county auditor in writing that the account receivable is uncollectible and the reasons therefor.

2. Upon receiving notification that an account receivable is uncollectible, the county auditor may apply 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.

3. The application must include: (a) The amount of the account receivable; (b) The name of the debtor; (c) A record of the efforts made to collect the account receivable; and (d) The written notice provided pursuant to subsection 1.

4. If the board of county commissioners approves the application, the county auditor shall remove the amount of the account receivable and the name of the debtor from the county records.
Nev. Rev. Stat. § 353A.034 — NV Code / Title 31 / Chapter 353A / Section 353A.034
“Administrator” defined
Status: in_force

“Administrator” means the Administrator of the Division.
Nev. Rev. Stat. § 353C.040 — NV Code / Title 31 / Chapter 353C / Section 353C.040
“Debt” defined
Status: in_force

“Debt” means a tax, fee, fine or other obligation:

1. That is owed to an agency or the State of Nevada; and

2. The payment of which is past due.
Nev. Rev. Stat. § 357.180 — NV Code / Title 31 / Chapter 357 / Section 357.180
Award of expenses and attorney's fees
Status: in_force

1. If the Attorney General, a designee of the Attorney General pursuant to NRS 357.070 or a private plaintiff prevails in or settles an action pursuant to NRS 357.080 , the private plaintiff is entitled to a reasonable amount for expenses that the court finds were necessarily incurred, including reasonable costs, attorney's fees and the fees of expert consultants and expert witnesses. Those expenses must be awarded against the defendant, and may not be allowed against the State or a political subdivision.

2. If the Attorney General or the Attorney General's designee does not proceed with the action and the defendant prevails in the action brought by a private plaintiff, the court may award the defendant reasonable expenses and attorney's fees against the party or parties who participated in the action if it finds that the action was clearly frivolous, clearly vexatious or brought primarily for the purposes of harassment.
Nev. Rev. Stat. § 356.050 — NV Code / Title 31 / Chapter 356 / Section 356.050
Liability of State Treasurer if depository fails or becomes insolvent; deposit of collateral or security for safekeeping
Status: in_force

1. Where the State Treasurer, in accordance with the terms and provisions of NRS 356.010 to 356.110 , inclusive, has deposited and kept on deposit any public money in depositories so designated, the State Treasurer is not liable personally or upon his or her official bond for any public money that may be lost by reason of the failure or insolvency of any such depository; but the State Treasurer is chargeable with the safekeeping, management and disbursement of the bonds deposited with the State Treasurer as security for deposits of state money and with interest thereon, and with the proceeds of any sale under the provisions of NRS 356.010 to 356.110 , inclusive.

2. The State Treasurer may deposit for safekeeping with any insured bank, credit union, savings and loan association or savings bank or a trust company within or without this state any securities or bonds pledged with him or her, as State Treasurer, as collateral or as security for any purpose, but the securities or bonds may only be so deposited by the State Treasurer with the joint consent and approval, in writing, of the pledgor thereof and the State Board of Finance. Any bonds or securities so deposited by the State Treasurer must be deposited under a written deposit agreement between the pledgor and the State Treasurer, to be held and released only upon a written order of the State Treasurer or his or her deputy, and signed by the Governor or acting governor and by one additional member of the State Board of Finance.
Nev. Rev. Stat. § 356.133 — NV Code / Title 31 / Chapter 356 / Section 356.133
Collateral required for uninsured deposits: Types; pledge; fair market value; review; reports by depository; deposit of additional securities
Status: in_force

1. All money deposited by a county treasurer that is not within the limits of insurance provided by an instrumentality of the United States must be secured by collateral composed of the following types of securities: (a) United States treasury notes, bills, bonds or obligations as to which the full faith and credit of the United States are pledged for the payment of principal and interest, including the guaranteed portions of Small Business Administration loans if the full faith and credit of the United States is pledged for the payment of the principal and interest; (b) Bonds of this state; (c) Bonds of a county, municipality or school district within this state; (d) Mortgage-backed pass-through securities guaranteed by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation or the Government National Mortgage Association; (e) Instruments in which the county is authorized by NRS 355.170 to invest; or (f) Irrevocable letters of credit from any Federal Home Loan Bank with the State Treasurer named as the beneficiary.

2. Collateral deposited by the depository bank, credit union, savings and loan association or savings bank must be pledged with the county treasurer or with a trust company, a broker-dealer registered under 15 U.S.C. § 78o(b)(1) , a Federal Home Loan Bank or any insured bank, insured credit union, insured savings and loan association or insured savings bank, other than the depository bank, credit union, savings and loan association or savings bank, which will accept the securities in trust for the purposes of this section.

3. The fair market value of the deposit of securities as collateral by each depository bank, credit union, savings and loan association or savings bank must be at least the amount required pursuant to NRS 356.300 to 356.390 , inclusive.

4. All securities to be used as such collateral are subject to review by the county treasurer and the board of county commissioners. The depository bank, credit union, savings and loan association or savings bank shall submit reports to the State Treasurer as required pursuant to NRS 356.300 to 356.390 , inclusive. The State Treasurer will provide periodic reports to the county treasurer showing the securities which constitute the collateral and their fair market value.

5. The county treasurer or the board of county commissioners may, from time to time, require the deposit of additional securities as collateral if, in their judgment, the additional securities are necessary to secure the county treasurer's deposit.
Nev. Rev. Stat. § 353B.002 — NV Code / Title 31 / Chapter 353B / Section 353B.002
“Board” defined
Status: in_force

“ Board ” means the Board of Trustees of the College Savings Plans of Nevada created by NRS 353B.005 .
Nev. Rev. Stat. § 353.2737 — NV Code / Title 31 / Chapter 353 / Section 353.2737
Revolving account for awarding grants to persons who own and occupy homes damaged by a disaster: Establishment; transfers of money from Disaster Relief Account; regulations
Status: in_force

1. The Division shall establish a revolving account within the State General Fund for the awarding of grants by the Division from the revolving account to persons who own and occupy homes damaged by a disaster for costs related to the damages.

2. Upon the declaration of a disaster pursuant to NRS 414.070 , the Chief of the Division may request approval of the Interim Finance Committee for the transfer of money from the Disaster Relief Account to the revolving account. The Interim Finance Committee shall not approve such a transfer of money to the revolving account if the transfer would result in a balance in the revolving account that is more than 25 percent of the balance of the Disaster Relief Account.

3. The Division shall adopt such regulations as are necessary to carry out the provisions of this section, including, without limitation, regulations prescribing standards for eligibility for a grant pursuant to this section.
Nev. Rev. Stat. § 353B.050 — NV Code / Title 31 / Chapter 353B / Section 353B.050
“Qualified beneficiary” defined
Status: in_force

“Qualified beneficiary” means a person for whom tuition is paid pursuant to a prepaid tuition contract.
Nev. Rev. Stat. § 353.2739 — NV Code / Title 31 / Chapter 353 / Section 353.2739
Authorized grants and loans to tribal governments
Status: in_force

1. The Attorney General may enter into an agreement with a tribal government to provide for the distribution of money from the Account as a grant or loan to the tribal government because of a disaster. The provisions of such an agreement must require: (a) The tribal government to substantially comply with the provisions of NRS 353.2705 to 353.2771 , inclusive, as those provisions apply to a local government; and (b) The Division to administer such a grant or loan.

2. “Tribal government” has the meaning ascribed to it in NRS 239C.105 .
Nev. Rev. Stat. § 354.220 — NV Code / Title 31 / Chapter 354 / Section 354.220
Applicability
Status: in_force

NRS 354.220 to 354.250 , inclusive, apply in making applications for refund of money which has been paid into the county treasuries in cases where:

1. Through mistake or inadvertence, a county and school district tax for any 1 tax year has, by reason of the assessment of the same piece of property, been paid two or more times.

2. A remission of the assessed valuation on a patented mine or mining claim has been ordered by a board having jurisdiction of the matter because annual assessment work was performed thereon, and the remission has not been made by the proper county officers, and taxes on the full valuation have been paid under protest by the owner of the patented mining claims.

3. Licenses or taxes have been twice paid on the same band of sheep.

4. In the opinion of the board of county commissioners, or the county treasurer in those cases in which the county treasurer is authorized to make a refund, the applicant for refund has a just cause for making the application and the granting of the refund would be equitable.
Nev. Rev. Stat. § 353.1467 — NV Code / Title 31 / Chapter 353 / Section 353.1467
Payments of $10,000 or more required to be made by electronic transfer of money; exceptions
Status: in_force

1. Except as otherwise provided in subsection 2, all payments of money owed to a state agency for taxes, interest, penalties or any other obligations that, in the aggregate, amount to $10,000 or more must be made by any method of electronic transfer of money allowed by the state agency.

2. The provisions of subsection 1: (a) Apply to a person who has entered into an agreement with one or more employers who are required to pay contributions pursuant to NRS 612.535 , if: (1) Pursuant to such agreement, the person is required to submit the contributions to the Employment Security Division of the Department of Employment, Training and Rehabilitation on behalf of the employers; and (2) The amount of such contributions from employers, in the aggregate, is $10,000 or more. (b) Do not apply to: (1) The payment of money owed to the Secretary of State, unless the Secretary of State requires the payment of money owed to the Secretary of State’s office for taxes, interest, penalties or any other obligations that, in the aggregate, amount to $10,000 or more be made by any method of electronic transfer of money. (2) The payment of money owed to a state agency by a governmental entity.

3. If the payment of money owed to a state agency is required pursuant to this section to be made electronically, the electronic payment must be credited to the State of Nevada on or before the date that such payment is due. An employer who is required to pay a contribution pursuant to NRS 612.535 must initiate the payment of the contribution on or before the date that such payment is due.

4. As used in this section: (a) “ Electronic transfer of money ” means any transfer of money, other than a transaction initiated by a check or other similar instrument, that is initiated through an automated clearinghouse transaction, an electronic check transaction or a wire transfer for the purpose of ordering, instructing or authorizing a financial institution to debit or credit an account. (b) “ Employer ” has the meaning ascribed to it in NRS 612.055 . (c) “ Governmental entity ” means: (1) The government of this State; (2) An agency of the government of this State; (3) A political subdivision of this State; and (4) An agency of a political subdivision of this State.
Nev. Rev. Stat. § 355.040 — NV Code / Title 31 / Chapter 355 / Section 355.040
Records
Status: in_force

The State Board of Finance shall keep a permanent record of all its meetings, in which record shall be:

1. Recorded the aye and nay vote of the members of the Board upon all questions presented to the Board.

2. Kept all opinions of the Attorney General as required by the provisions of this chapter.
Nev. Rev. Stat. § 354.526 — NV Code / Title 31 / Chapter 354 / Section 354.526
“Fiscal year” defined
Status: in_force

“Fiscal year” means the 12-month period beginning on the first day of July and ending on the last day of June.
Nev. Rev. Stat. § 354.523 — NV Code / Title 31 / Chapter 354 / Section 354.523
“Expense” defined
Status: in_force

“ Expense ” means any charge incurred, under the accrual basis, whether paid or unpaid, for operation, maintenance or interest or any other charge which is presumed to provide benefit in the current fiscal period.
Nev. Rev. Stat. § 354.6105 — NV Code / Title 31 / Chapter 354 / Section 354.6105
Fund for extraordinary maintenance, repair or improvement of capital projects
Status: reserved

1. A local government may establish a fund for the extraordinary maintenance, repair or improvement of capital projects.

2. Any interest and income earned on the money in the fund in excess of any amount which is reserved for rebate payments to the Federal Government pursuant to 26 U.S.C. § 148 , as amended, or is otherwise required to be applied in a specific manner by the Internal Revenue Code of 1986, as amended, must be credited to the fund.

3. Except as otherwise provided in NRS 374A.020 , the money in the fund may be used only for the extraordinary maintenance, repair or improvement of capital projects or facilities that replace capital projects of the entity that made the deposits in the fund. The money in the fund at the end of the fiscal year may not revert to any other fund or be a surplus for any purpose other than the purpose specified in this subsection.

4. As used in this section, “ extraordinary maintenance, repair or improvement ” means all expenses ordinarily incurred not more than once every 5 years to maintain a local governmental facility or capital project in a fit operating condition.
Nev. Rev. Stat. § 354.560 — NV Code / Title 31 / Chapter 354 / Section 354.560
“Reserve” defined
Status: in_force

“Reserve” means, in accounting and reporting of government funds, a portion of the fund equity which is not appropriable for expenditures or is segregated by law or contract for a specific future use.
Nev. Rev. Stat. § 353.347 — NV Code / Title 31 / Chapter 353 / Section 353.347
Temporary advance from State General Fund for authorized expenses of the Nevada Equal Rights Commission within the Department of Employment, Training and Rehabilitation
Status: in_force

1. If the Director of the Department of Employment, Training and Rehabilitation determines that current claims exceed the amount of money available because revenue from billed services has not been collected or because of a delay in the receipt of money from federal grants, he or she 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 his or her 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 budget account of the Nevada Equal Rights Commission of the Department of Employment, Training and Rehabilitation. (b) Is limited to 25 percent of the revenue 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. § 354.270 — NV Code / Title 31 / Chapter 354 / Section 354.270
Issuance of receipts; apportionment of revenue
Status: in_force

1. If a county treasurer does not use an automated accounting system, the county treasurer shall issue a receipt in triplicate for all money received by him or her. The original must be delivered to the payee, the duplicate immediately filed by the county treasurer with the county auditor, and the triplicate retained by the county treasurer. The duplicate and triplicate receipts must, in addition to showing the amount and source of revenue, contain an apportionment to the proper funds as follows: (a) All revenue collected for general, administrative, current expense, salary, indigent and contingent purposes must be apportioned to the general fund. (b) All revenue collected for special purposes must be apportioned to special funds, or to separate accounts established under the provisions of NRS 354.603 , that have been or may be created, the purpose of which must be indicated in the title of each special fund.

2. If a county treasurer uses an automated accounting system, the county treasurer shall enter information regarding all money received by him or her, including the amount and source of the money and the manner in which it must be apportioned, into the system. The county treasurer shall retain all of the original documentation regarding each transaction. The treasurer is not required to issue a receipt to a payee unless the payee so requests.

3. A county treasurer failing to comply with the provisions of this section shall be punished as provided in NRS 354.310 .
Nev. Rev. Stat. § 354.599 — NV Code / Title 31 / Chapter 354 / Section 354.599
Specified source of additional revenue required under certain circumstances when Legislature directs local governmental action requiring additional funding
Status: in_force

If the Legislature directs one or more local governments to:

1. Establish a program or provide a service; or

2. Increase a program or service already established which requires additional funding,

and the expense required to be paid by each local government to establish, provide or increase the program or service is $5,000 or more, a specified source for the additional revenue to pay the expense must be authorized by a specific statute. The additional revenue may only be used to pay expenses directly related to the program or service. If a local government has money from any other source available to pay such expenses, that money must be applied to the expenses before any money from the revenue source specified by statute.
Nev. Rev. Stat. § 353D.210 — NV Code / Title 31 / Chapter 353D / Section 353D.210
Staff and administrative support for Board of Trustees; authority for Board to enter into intergovernmental agreements or contracts for outreach, technical assistance or compliance services; duty of governmental entities to provide information to Board
Status: in_force

<Section effective July 1, 2025. >

1. The State Treasurer shall, within the limits of legislative appropriations, provide staff support to the Board and may otherwise provide administrative support to the Board.

2. The Board may enter into an intergovernmental agreement or contract to obtain outreach, technical assistance or compliance services with any officer, agency, division or department of the State, including, without limitation, the Lieutenant Governor, Secretary of State, Department of Taxation, Department of Employment, Training and Rehabilitation, Department of Business and Industry and Office of the Labor Commissioner. An officer, agency, division or department that enters into such an intergovernmental agreement or contract with the Board shall collaborate with any other officer, agency, division or department of the State as necessary to provide such outreach, technical assistance or compliance services to the Board.

3. Each officer, agency, division or department of the State must provide any information necessary for the Board to implement the Program regardless of whether the Board has entered into an intergovernmental agreement or contract with the officer, agency, division or department pursuant to subsection 2.
Nev. Rev. Stat. § 353.2965 — NV Code / Title 31 / Chapter 353 / Section 353.2965
“Accounting system” defined
Status: in_force

“Accounting system” means the total structure of records and procedures which discover, record, classify, summarize and report information on the financial position and results of operations of the State's funds, account groups and organizational components.
Nev. Rev. Stat. § 357.170 — NV Code / Title 31 / Chapter 357 / Section 357.170
Limitation of actions; standard of proof; effect of certain findings of guilt in criminal proceeding on action
Status: in_force

1. An action pursuant to this chapter may not be commenced: (a) More than 3 years after the date on which the Attorney General or a designee of the Attorney General pursuant to NRS 357.070 discovers, or reasonably should have discovered, the fraudulent activity, but in no event more than 10 years after the fraudulent activity occurred; or (b) More than 6 years after the fraudulent activity occurred, whichever occurs later. Within those limits, an action may be based upon fraudulent activity that occurred before May 27, 2015.

2. In an action pursuant to this chapter, the standard of proof is a preponderance of the evidence. A finding of guilty or guilty but mentally ill in a criminal proceeding charging false statement or fraud, whether upon a verdict of guilty or guilty but mentally ill or a plea of guilty, guilty but mentally ill or nolo contendere, estops the person found guilty or guilty but mentally ill from denying an essential element of that offense in an action pursuant to this chapter based upon the same transaction as the criminal proceeding.
Nev. Rev. Stat. § 353C.090 — NV Code / Title 31 / Chapter 353C / Section 353C.090
Applicability
Status: in_force

Except as otherwise provided in NRS 353C.195 , the provisions of this chapter apply to an agency only to the extent that no other specific statute exists which provides for the collection of debts due the agency. To the extent that the provisions of this chapter conflict with such a specific statute, the provisions of the specific statute control until a debt is assigned to the State Controller for collection.
Nev. Rev. Stat. § 354.230 — NV Code / Title 31 / Chapter 354 / Section 354.230
Limitation of time for claim
Status: in_force

The claim for a refund of money must be presented to the board of county commissioners, or the county treasurer in those cases in which the county treasurer is authorized to make a refund, within 3 years after the time the claim was incurred.
Nev. Rev. Stat. § 355.060 — NV Code / Title 31 / Chapter 355 / Section 355.060
Monthly notification of amount of uninvested money; authorized and prohibited investments
Status: in_force

1. The State Controller shall notify the State Treasurer monthly of the amount of uninvested money in the State Permanent School Fund.

2. Whenever there is a sufficient amount of money for investment in the State Permanent School Fund, the State Treasurer shall proceed to negotiate for the investment of the money in: (a) United States bonds. (b) A bond, note or other obligation issued or unconditionally guaranteed by the International Bank for Reconstruction and Development, the International Finance Corporation or the Inter-American Development Bank that: (1) Is denominated in United States dollars; (2) Is a senior unsecured unsubordinated obligation; (3) At the time of purchase has a remaining term to maturity of 5 years or less; and (4) Is rated by a nationally recognized rating service as “AA” or its equivalent, or better, except that investments pursuant to this paragraph may not, in aggregate value, exceed 15 percent of the total par value of the portfolio as determined at the time of purchase. (c) A bond, note or other obligation publicly issued in the United States by a foreign financial institution, corporation or government that: (1) Is denominated in United States dollars; (2) Is a senior unsecured unsubordinated obligation; (3) Is registered with the Securities and Exchange Commission in accordance with the provisions of the Securities Act of 1933, 15 U.S.C. §§ 77a et seq., as amended; (4) Is purchased from a registered broker-dealer; (5) At the time of purchase has a remaining term to maturity of 5 years or less; and (6) Is rated by a nationally recognized rating service as “A” or its equivalent, or better, except that investments pursuant to this paragraph may not, in aggregate value, exceed 10 percent of the total par value of the portfolio as determined at the time of purchase. (d) Obligations or certificates of the Federal National Mortgage Association, the Federal Home Loan Banks, the Federal Home Loan Mortgage Corporation, the Federal Farm Credit Banks Funding Corporation or the Student Loan Marketing Association, whether or not guaranteed by the United States. (e) Bonds of this state or of other states. (f) Bonds of any county of the State of Nevada. (g) United States treasury notes. (h) Farm mortgage loans fully insured and guaranteed by the Farm Service Agency of the United States Department of Agriculture. (i) Loans at a rate of interest of not less than 6 percent per annum, secured by mortgage on agricultural lands in this state of not less than three times the value of the amount loaned, exclusive of perishable improvements, of unexceptional title and free from all encumbrances. (j) Money market mutual funds that: (1) Are registered with the Securities and Exchange Commission; (2) Are rated by a nationally recognized rating service as “AAA” or its equivalent; and (3) Invest only in securities issued or guaranteed as to payment of principal and interest by the Federal Government, or its agencies or instrumentalities, or in repurchase agreements that are fully collateralized by such securities. (k) Common or preferred stock of a corporation created by or existing under the laws of the United States or of a state, district or territory of the United States, if: (1) The stock of the corporation is: (I) Listed on a national stock exchange; or (II) Traded in the over-the-counter market, if the price quotations for the over-the-counter stock are quoted by the National Association of Securities Dealers Automated Quotation System (NASDAQ); (2) The outstanding shares of the corporation have a total market value of not less than $50,000,000; (3) The maximum investment in stock is not greater than 50 percent of the book value of the total investments of the State Permanent School Fund; (4) Except for investments made pursuant to paragraph (m), the amount of an investment in a single corporation is not greater than 3 percent of the book value of the assets of the State Permanent School Fund; and (5) Except for investments made pursuant to paragraph (m), the total amount of shares owned by the State Permanent School Fund is not greater than 5 percent of the outstanding stock of a single corporation. (l) A pooled or commingled real estate fund or a real estate security that is managed by a corporate trustee or by an investment advisory firm that is registered with the Securities and Exchange Commission, either of which may be retained by the State Treasurer as an investment manager. The shares and the pooled or commingled fund must be held in trust. The total book value of an investment made under this paragraph must not at any time be greater than 5 percent of the total book value of all investments of the State Permanent School Fund. (m) Mutual funds or common trust funds that consist of any combination of the investments listed in paragraphs (a) to (l), inclusive. (n) The limited partnerships or limited-liability companies described in NRS 355.280 . (o) Commercial paper issued by a corporation, trust or limited-liability company organized and operating in the United States or by a depository institution licensed by the United States or any state and operating in the United States that: (1) At the time of purchase has a remaining term to maturity of not more than 270 days; and (2) Is rated by a nationally recognized rating service as “A-1,” “P-1” or its equivalent, or better, except that investments pursuant to this paragraph may not, in aggregate value, exceed 10 percent of the total par value of the portfolio as determined at the time of purchase. If the rating of an obligation is reduced to a level that does not meet the requirements of this paragraph, the State Treasurer shall take such action as he or she deems appropriate to preserve the principal value and integrity of the portfolio as a whole and report to the State Board of Finance any action taken by the State Treasurer pursuant to this paragraph. (p) Notes, bonds and other unconditional obligations for the payment of money, except certificates of deposit that are not issued by commercial banks, insured credit unions, savings and loan associations or savings banks, issued by corporations organized and operating in the United States or by depository institutions licensed by the United States or any state 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 not more than 5 years; and (3) Are rated by a nationally recognized rating service as “A” or its equivalent, or better, except that investments pursuant to this paragraph may not, in aggregate value, exceed 15 percent of the total par value of the portfolio as determined at the time of purchase. If the rating of an obligation is reduced to a level that does not meet the requirements of this paragraph, the State Treasurer shall take such action as he or she deems appropriate to preserve the principal value and integrity of the portfolio as a whole and report to the State Board of Finance any action taken by the State Treasurer pursuant to this paragraph.

3. The State Treasurer shall not invest any money in the State Permanent School Fund pursuant to paragraph (k), (l), (m), (n), (o) or (p) of subsection 2 unless the State Treasurer obtains a judicial determination that the proposed investment or category of investments will not violate the provisions of Section 9 of Article 8 of the Constitution of the State of Nevada . The State Treasurer shall contract for the services of independent contractors to manage any investments of the State Treasurer made pursuant to paragraph (k), (l), (m), (o) or (p) of subsection 2. The State Treasurer shall establish such criteria for the qualifications of such an independent contractor as are appropriate to ensure that each independent contractor has expertise in the management of such investments.

4. In addition to the investments authorized by subsection 2, the State Treasurer may make loans of money from the State Permanent School Fund to school districts pursuant to NRS 387.526 .

5. No part of the State Permanent School Fund may be invested pursuant to a reverse-repurchase agreement.
Nev. Rev. Stat. § 354.609 — NV Code / Title 31 / Chapter 354 / Section 354.609
Petty cash, imprest or revolving account
Status: in_force

1. The governing body of any local government may, by resolution, establish one or more petty cash accounts, imprest accounts or revolving accounts in a bank or credit union to assist in the administration of any activities in which the local government is authorized by law to engage.

2. A resolution establishing any petty cash account, imprest account or revolving account in a bank or credit union shall, in detail, set forth the following: (a) The object and purpose of the account. (b) The source of money to be used to establish and maintain the account. (c) The method of controlling expenditures from the account. (d) The maximum dollar amount of any single expenditure.

3. Payments made out of any such accounts in accordance with the establishing resolution may be made directly without approval of the governing body of any local government.

4. Reimbursement of any such petty cash, imprest or revolving accounts must be made no less often than monthly. The reimbursement must be supported by proper evidences of expenditures made from the account and must be approved by the governing body in the same manner as other claims against the fund to which the reimbursement is to be charged.
Nev. Rev. Stat. § 356.005 — NV Code / Title 31 / Chapter 356 / Section 356.005
Deposit of public money in bank, credit union, savings and loan association or savings bank
Status: in_force

1. The State, a local government or an agency of either, if specifically authorized by statute or a state agency if approved by the State Board of Finance, may deposit public money in any insured state or national bank, in any insured credit union, in any insured savings and loan association or in any insured savings bank.

2. Deposits made by the State in an insured credit union, savings and loan association or savings bank which is a mutual association must be evidenced by an instrument which acknowledges that the State is not a member of the association by virtue of the deposit.

3. In addition to any public money deposited pursuant to subsection 1 and unless otherwise limited by law, a local government, a political subdivision or an agency of either is authorized to deposit public money in any state or national bank, credit union, savings and loan association or savings bank if: (a) The public money is initially deposited in an insured depository institution in this State as selected by the depositing governmental entity; (b) The selected depository institution arranges for the redeposit of the public money into insured deposit accounts in one or more state or national banks, credit unions, savings and loan associations or savings banks; and (c) The full amount of the redeposited public money and any accrued interest is fully insured.

4. As used in this section, “depository institution” has the meaning ascribed to it in NRS 657.037 .
Nev. Rev. Stat. § 354.59818 — NV Code / Title 31 / Chapter 354 / Section 354.59818
Limitation upon revenue from taxes ad valorem: Levy of additional tax ad valorem for operation of regional facility without approval of voters
Status: in_force

1. In addition to the allowed revenue from taxes ad valorem determined pursuant to NRS 354.59811 , the boards of county commissioners of at least two counties may levy a tax ad valorem on all taxable property in their respective counties at a rate not to exceed 5 cents per $100 of the assessed valuation of each county to pay the costs of operating a regional facility.

2. Counties that levy a tax ad valorem pursuant to subsection 1 may enter into an interlocal agreement or interlocal contract to create an administrative entity to operate a regional facility.

3. The revenue of a tax collected pursuant to this section must be remitted on the first day of the first month of each calendar quarter to: (a) If the regional facility is operated by a county, the treasurer of the county; or (b) If the regional facility is operated by an administrative entity, the administrative entity.

4. By the end of each fiscal year, the board of county commissioners of each county that levies a tax pursuant to this section must determine the rate of tax required to produce revenue in an amount which is sufficient to pay the operating costs of the regional facility for the ensuing fiscal year. When calculating a rate pursuant to this section, the board of county commissioners of each county shall consider the amount of money remaining in the fund created pursuant to NRS 354.59819 , if such a fund is created, unless the amount of money remaining in the fund is 10 percent or less of the revenue deposited for the current fiscal year.
Nev. Rev. Stat. § 356.140 — NV Code / Title 31 / Chapter 356 / Section 356.140
Demand, time and insured deposit accounts to be kept in name of county; balances accounted for as cash
Status: in_force

1. Demand accounts authorized by NRS 356.120 , time accounts authorized by NRS 356.125 and insured deposit accounts authorized by NRS 356.127 must be kept in the name of the county in such manner as the board of county commissioners may prescribe.

2. The balance in each such account, as certified to by the proper officer of the bank, credit union, savings and loan association or savings bank in which the money is deposited, and by oath of the county treasurer, may be accounted for by the county as cash.
Nev. Rev. Stat. § 354.517 — NV Code / Title 31 / Chapter 354 / Section 354.517
“Enterprise fund” defined
Status: in_force

“Enterprise fund” means a fund established to account for operations:

1. Which are financed and conducted in a manner similar to the operations of private business enterprises, where the intent of the governing body is to have the expenses (including depreciation) of providing goods or services on a continuing basis to the general public, financed or recovered primarily through charges to the users; or

2. For which the governing body has decided that a periodic determination of revenues earned, expenses incurred and net income is consistent with public policy and is appropriate for capital maintenance, management control, accountability or other purposes.
Nev. Rev. Stat. § 353.150 — NV Code / Title 31 / Chapter 353 / Section 353.150
Short title
Status: in_force

NRS 353.150 to 353.246 , inclusive, may be cited as the State Budget Act.
Nev. Rev. Stat. § 353D.360 — NV Code / Title 31 / Chapter 353D / Section 353D.360
Nevada Employee Savings Trust Administrative Fund: Creation; administration; deposit of money received for Program; use
Status: in_force

<Section effective July 1, 2025. >

1. The Nevada Employee Savings Trust Administrative Fund is hereby created in the State Treasury.

2. The Board shall administer the Administrative Fund.

3. The Board shall deposit in the Administrative Fund all money received for the Program, including, without limitation: (a) Money appropriated to the Administrative Fund by the Legislature; (b) Money transferred to the Administrative Fund from the Federal Government, other state agencies or local governments; (c) Any gifts, donations, grants or other money designated for the Administrative Fund from the State, or any unit of federal or local government, or any other person, firm, partnership, corporation or other entity solely for deposit into the Administrative Fund, whether for investment or administrative expenses; and (d) Earnings on money in the Administrative Fund.

4. The Board shall use the money in the Administrative Fund solely to pay the administrative costs and expenses of the Program and the administrative costs and expenses the Board incurs in the performance of its duties.
Nev. Rev. Stat. § 353D.140 — NV Code / Title 31 / Chapter 353D / Section 353D.140
“State” defined
Status: in_force

<Section effective July 1, 2025. >

“ State ” means the State of Nevada.
Nev. Rev. Stat. § 353.335 — NV Code / Title 31 / Chapter 353 / Section 353.335
Procedure for acceptance of gift or grant of property or services
Status: in_force

1. Except as otherwise provided in subsections 5 and 6, a state agency may accept any gift or grant of property or services from any source only if it is included in an act of the Legislature authorizing expenditures of nonappropriated money or, when it is not so included, if it is approved as provided in subsection 2.

2. If: (a) Any proposed gift or grant is necessary because of an emergency as defined in NRS 353.263 or for the protection or preservation of life or property, the Governor shall take reasonable and proper action to accept 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 acceptance of the gift or grant, and other provisions of this chapter requiring approval before acceptance do not apply. (b) The Governor determines that any proposed gift or grant would be forfeited if the State failed to accept it before the expiration of the period prescribed in paragraph (c), the Governor may declare that the proposed acceptance requires expeditious action by the Interim Finance Committee. Whenever the Governor so declares, the Interim Finance Committee has 15 days after the proposal is submitted to its Secretary within which to approve or deny the acceptance. Any proposed acceptance which is not considered within the 15-day period shall be deemed approved. (c) The proposed acceptance of any gift or grant 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 proposal is submitted to its Secretary within which to consider acceptance. Any proposed acceptance which is not considered within the 45-day period shall be deemed approved.

3. The Secretary shall place each request submitted to the Secretary pursuant to paragraph (b) or (c) of subsection 2 on the agenda of the next meeting of the Interim Finance Committee.

4. In acting upon a proposed gift or grant, the Interim Finance Committee shall consider, among other things: (a) The need for the facility or service to be provided or improved; (b) Any present or future commitment required of the State; (c) The extent of the program proposed; and (d) The condition of the national economy, and any related fiscal or monetary policies.

5. A state agency may accept: (a) Gifts, including grants from nongovernmental sources, not exceeding $200,000 each in value; and (b) Governmental grants not exceeding $200,000 each in value, if the gifts or grants are used for purposes which do not involve the hiring of new employees and if the agency has the specific approval of the Governor or, if the Governor delegates this power of approval to the Chief of the Budget Division of the Office of Finance, the specific approval of the Chief.

6. This section does not apply to: (a) The Nevada System of Higher Education; (b) The Department of Health and Human Services while acting as the state health planning and development agency pursuant to paragraph (d) of subsection 2 of NRS 439A.081 or for donations, gifts or grants to be disbursed pursuant to NRS 433.395 or 435.490 ; (c) Legal services provided on a pro bono basis by an attorney or law firm engaged in the private practice of law to the State of Nevada or any officer, agency or employee in the Executive Department of the State Government pursuant to a contract for legal services entered into by or at the request of the Attorney General in accordance with NRS 228.112 to 228.1127 , inclusive; (d) Artifacts donated to the Department of Tourism and Cultural Affairs; (e) The initial $250,000 received by the Department of Wildlife pursuant to subsection 1 of NRS 501.3585 as a gift, donation, bequest or devise, or combination thereof, for an unanticipated emergency event, as defined in NRS 501.3585 ; or (f) A gift or grant that will be deposited in a budget account that consists of money which is not appropriated by or authorized for expenditure by the Legislature.
Nev. Rev. Stat. § 353.311 — NV Code / Title 31 / Chapter 353 / Section 353.311
“Revenue” defined
Status: in_force

“Revenue” means the gross increase in ownership equity during a designated period. If the accounts are kept on an accrual basis, the term designates:

1. Additions to assets which do not increase any liability or represent the recovery of an expenditure or contributions of fund capital in proprietary funds; and

2. The cancellation of liabilities without a corresponding increase in other liabilities or a decrease in assets.

If the accounts are kept on the modified accrual basis, the additions must be measurable and available to finance expenditures of the fiscal period.
Nev. Rev. Stat. § 354.574 — NV Code / Title 31 / Chapter 354 / Section 354.574
“Tax rate” defined
Status: in_force

“Tax rate” means the amount of tax stated in terms of a unit of the tax base.
Nev. Rev. Stat. § 354.5987 — NV Code / Title 31 / Chapter 354 / Section 354.5987
Establishment of allowed revenue from taxes ad valorem of certain local governments by Nevada Tax Commission
Status: in_force

1. For the purposes of NRS 354.59811 , the allowed revenue from taxes ad valorem of any local government must be established by the Nevada Tax Commission for the first fiscal year it is in existence.

2. Except as otherwise provided in subsections 3 and 5, if the local government for which the allowed revenue from taxes ad valorem is to be established performs a function previously performed by another local government, the total revenue allowed to all local governments for performance of substantially the same function in substantially the same geographical area must not be increased. To achieve this result, the Nevada Tax Commission shall request the Committee on Local Government Finance to prepare a statement of the prior cost of performing the function for each predecessor local government. Within 60 days after receipt of such a request, the Committee on Local Government Finance shall prepare a statement pursuant to the request and transmit it to the Nevada Tax Commission. The Nevada Tax Commission may accept, reject or amend the statement of the Committee on Local Government Finance. The decision of the Nevada Tax Commission is final. Upon making a final determination of the prior cost of performing the function for each predecessor local government, the Nevada Tax Commission shall: (a) Determine the percentage that the prior cost of performing the function for each predecessor local government is of the allowed revenue from taxes ad valorem of that local government; and (b) Apply the percentage determined pursuant to paragraph (a) to the allowed revenue from taxes ad valorem and subtract that amount from the allowed revenue from taxes ad valorem of the predecessor local government. The allowed revenue from taxes ad valorem attributable to the new local government for the cost of performing the function must equal the total of the amounts subtracted for the prior cost of performing the function from the allowed revenue from taxes ad valorem of all the predecessor local governments.

3. If the local government for which the allowed revenue from taxes ad valorem is to be established is an unincorporated town which provides a service not previously provided by another local government, and the board of county commissioners has included the unincorporated town in a resolution adopted pursuant to the provisions of NRS 269.5755 , the Nevada Tax Commission shall, if the unincorporated town does not receive revenue from taxes ad valorem, establish the allowed revenue of the town from taxes ad valorem at an amount which is in the same ratio to the assessed valuation of the town as the combined allowed revenues from taxes ad valorem are to the combined assessed valuations of the other unincorporated towns included in the common levy.

4. Except as otherwise provided in subsection 5, the allowed revenue from taxes ad valorem of all local governments in the county, determined pursuant to NRS 354.59811 , must not be increased, but the total allowed revenue from taxes ad valorem must be reallocated among the local governments consistent with subsection 2 to accommodate the amount established for the new local government pursuant to subsection 1.

5. In establishing the allowed revenue from taxes ad valorem of a county, city or town pursuant to this section, the Nevada Tax Commission shall allow a tax rate for operating expenses of at least 15 cents per $100 of assessed valuation in addition to the tax rate allowed for any identified and restricted purposes and for debt service.

6. As used in this section: (a) “ Predecessor local government ” means a local government which previously performed all or part of a function to be performed by the local government for which the allowed revenue from taxes ad valorem is being established pursuant to subsection 1. (b) “ Prior cost of performing the function ” means the amount expended by a local government to perform a function which is now to be performed by another local government. The amount must be determined on the basis of the most recent fiscal year for which reliable information is available.
Nev. Rev. Stat. § 353D.170 — NV Code / Title 31 / Chapter 353D / Section 353D.170
“Trustee” defined
Status: in_force

<Section effective July 1, 2025. >

“ Trustee ” means the Trustee of the Trust appointed by the Board pursuant to subsection 2 of NRS 353D.350 .
Nev. Rev. Stat. § 353D.240 — NV Code / Title 31 / Chapter 353D / Section 353D.240
Maintenance of records; annual audit; transmittal of audited financial report; annual report ion operation of Program
Status: in_force

<Section effective July 1, 2025. >

1. The Board shall cause an accurate account of all the activities, operations and receipts and expenditures of the Board, Program and Trust to be maintained. Each year, a full audit of the books and accounts of the Board, Program and Trust pertaining to those activities, operations, receipts and expenditures, personnel, services and facilities must be conducted by a certified public accountant and must include, without limitation, direct and indirect costs attributable to the use of outside consultants, independent contractors and any other persons who are not state employees for the administration of the Program. For the purposes of the audit, the auditors shall have access to the properties and records of the Board, Program and Trust and may prescribe methods of accounting and the rendering of periodic reports in relation to projects undertaken by the Board, Program and Trust.

2. Not later than August 1 of each year, the Board shall submit to the Governor, the State Controller and the Director of the Legislative Counsel Bureau for transmittal to the Legislature or, if the Legislature is not in session, to the Legislative Commission, an audited financial report, prepared in accordance with generally accepted accounting principles, detailing the activities, operations and receipts and expenditures of the Board, Program and Trust during the immediately preceding calendar year. The report must also include projected activities of the Program for the current calendar year.

3. The Board shall prepare an annual report on the operation of the Program to be available to all citizens and provided to appropriate state officers.
Nev. Rev. Stat. § 354.524 — NV Code / Title 31 / Chapter 354 / Section 354.524
“Final budget” defined
Status: in_force

“ Final budget ” means the budget which has been adopted by a local governing body or adopted by default as defined by NRS 354.470 to 354.626 , inclusive, and which has been determined by the Department of Taxation to be in compliance with applicable statutes and regulations.
Nev. Rev. Stat. § 355.305 — NV Code / Title 31 / Chapter 355 / Section 355.305
“Boycott of Israel” defined
Status: in_force

1. “ Boycott of Israel ” means, except as otherwise provided in subsection 2, refusing to deal or conduct business with, abstaining from dealing or conducting business with, terminating business or business activities with or performing any other action that is intended to limit commercial relations with: (a) Israel; or (b) A person or entity doing business in Israel or in territories controlled by Israel, if such an action is taken in a manner that discriminates on the basis of nationality, national origin or religion.

2. The term does not include an action that is described in subsection 1 if the action: (a) Is based on a bona fide business or economic reason; (b) Is taken pursuant to a boycott against a public entity of Israel if the boycott is applied in a nondiscriminatory manner; or (c) Is taken in compliance with or adherence to calls for a boycott of Israel if that action is authorized in 50 U.S.C. § 4607 or any other federal or state law.
Nev. Rev. Stat. § 353.288 — NV Code / Title 31 / Chapter 353 / Section 353.288
Creation; annual deposit of state revenue required; annual transfer of percentage of total anticipated revenue required; limitation on balance; transfer of percentage of balance to Disaster Relief Account; uses
Status: in_force

1. The Account to Stabilize the Operation of the State Government is hereby created in the State General Fund. Except as otherwise provided in subsections 3 and 4, each year after the close of the previous fiscal year and before the issuance of the State Controller's annual report, the State Controller shall transfer from the State General Fund to the Account to Stabilize the Operation of the State Government: (a) Forty percent of the unrestricted balance of the State General Fund, as of the close of the previous fiscal year, which remains after subtracting an amount equal to 7 percent of all appropriations made from the State General Fund during that previous fiscal year for the operation of all departments, institutions and agencies of State Government and for the funding of schools; and (b) Commencing with the fiscal year that begins on July 1, 2017, 1 percent of the total anticipated revenue for the fiscal year in which the transfer will be made, as projected by the Economic Forum for that fiscal year pursuant to paragraph (e) of subsection 1 of NRS 353.228 and as adjusted by any legislation enacted by the Legislature that affects state revenue for that fiscal year.

2. Money transferred pursuant to subsection 1 to the Account to Stabilize the Operation of the State Government is a continuing appropriation solely for the purpose of authorizing the expenditure of the transferred money for the purposes set forth in this section.

3. The balance in the Account to Stabilize the Operation of the State Government must not exceed 26 percent of the total of all appropriations from the State General Fund for the operation of all departments, institutions and agencies of the State Government and for the funding of schools and authorized expenditures from the State General Fund for the regulation of gaming for the fiscal year in which that revenue will be transferred to the Account to Stabilize the Operation of the State Government.

4. Except as otherwise provided in this subsection and NRS 353.2735 , beginning with the fiscal year that begins on July 1, 2003, the State Controller shall, at the end of each quarter of a fiscal year, transfer from the State General Fund to the Disaster Relief Account created pursuant to NRS 353.2735 an amount equal to not more than 10 percent of the aggregate balance in the Account to Stabilize the Operation of the State Government during the previous quarter. The State Controller shall not transfer more than $500,000 for any quarter pursuant to this subsection.

5. The Director of the Office of Finance in the Office of the Governor may submit a request to the State Board of Examiners to transfer money from the Account to Stabilize the Operation of the State Government to the State General Fund: (a) If the total actual revenue of the State falls short by 5 percent or more of the total anticipated revenue for the biennium in which the transfer will be made, as determined by the Legislature, or the Interim Finance Committee if the Legislature is not in session; or (b) If the Legislature, or the Interim Finance Committee if the Legislature is not in session, and the Governor declare that a fiscal emergency exists.

6. The State Board of Examiners shall consider a request made pursuant to subsection 5 and shall, if it finds that a transfer should be made, recommend the amount of the transfer 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.

7. If the Interim Finance Committee finds that a transfer recommended by the State Board of Examiners should and may lawfully be made, the Committee shall by resolution establish the amount and direct the State Controller to transfer that amount to the State General Fund. The State Controller shall thereupon make the transfer.

8. In addition to the manner of allocation authorized pursuant to subsections 5, 6 and 7, the money in the Account to Stabilize the Operation of the State Government may be allocated directly by the Legislature to be used for any other purpose.
Nev. Rev. Stat. § 354.59875 — NV Code / Title 31 / Chapter 354 / Section 354.59875
Calculation and imposition of common levy for unincorporated town; preparation and availability of document showing services provided
Status: in_force

1. If the board of county commissioners of a county has established a common levy authorized pursuant to NRS 269.5755 , it shall calculate the rate of that levy by combining the amount of revenue from taxes ad valorem authorized for each of the unincorporated towns participating in the common levy, including any adjustment permitted by statute or authorized by the Nevada Tax Commission, and dividing that sum by the combined assessed valuation of those unincorporated towns. The resulting common rate must be imposed on all taxable property located in those unincorporated towns.

2. Whether or not a common levy has been established, each board of county commissioners shall cause to be prepared and made available as a public record a document showing: (a) The services provided throughout the county and financed from the rate levied for the county as such; and (b) The services provided in each area for which an additional rate is levied and financed from that rate.
Nev. Rev. Stat. § 353.3135 — NV Code / Title 31 / Chapter 353 / Section 353.3135
“Trust fund” defined
Status: in_force

“Trust fund” means a fiduciary fund that is not an agency fund.
Nev. Rev. Stat. § 353C.133 — NV Code / Title 31 / Chapter 353C / Section 353C.133
Agreement with debtor to accept payment of portion of debt in full satisfaction of debt
Status: in_force

Notwithstanding any specific statute to the contrary, the State Controller may enter into an agreement with a debtor to accept the payment of a portion of the debt in full satisfaction of the debt, including any penalty and interest, if:

1. The State Controller determines that accepting the agreed upon amount is likely to generate more net revenue for the State than continuing efforts to collect the full amount of the debt; and

2. The agency to which the debt is owed approves.
Nev. Rev. Stat. § 357.024 — NV Code / Title 31 / Chapter 357 / Section 357.024
“Obligation” defined
Status: in_force

“ Obligation ” means any established duty, regardless of whether the duty is a fixed duty, arising from:

1. An express or implied contractual relationship;

2. A relationship between a grantor and a grantee;

3. A relationship between a licensor and a licensee;

4. A fee-based or similar relationship;

5. A statute or regulation; or

6. The retention of any overpayment.
Nev. Rev. Stat. § 353C.174 — NV Code / Title 31 / Chapter 353C / Section 353C.174
Withholding of income: Notice to employer
Status: in_force

1. The State Controller shall send, by certified mail, a notice to withhold income pursuant to NRS 353C.171 to each employer of the person who is subject to the withholding.

2. If an employer does not begin to withhold income from the person in accordance with NRS 353C.175 after receiving the notice to withhold income that was mailed pursuant to subsection 1, the State Controller shall send to the employer, by certified mail, return receipt requested, another notice to withhold income. The provisions of this subsection do not apply if the employer requests that the State Controller calculate the amount of the withholding pursuant to NRS 353C.175 .

3. A notice to withhold income pursuant to NRS 353C.171 must: (a) Contain the social security number of the person who is subject to the withholding; (b) Specify the total amount to be withheld from the income of the person, including any interest, penalties or assessments provided by law or costs incurred by the agency or State Controller in collecting the debt; (c) Describe the limitation for withholding income prescribed in NRS 31.295 ; (d) Describe the prohibition against terminating the employment of a person because of withholding and the penalties for wrongfully refusing to withhold in accordance with the notice to withhold income; (e) Explain the duties of an employer upon the receipt of the notice to withhold income; and (f) Explain that the employer may request that the State Controller calculate the amount of wages to be withheld from the person, subject to the limitation for withholding income prescribed in NRS 31.295 , if the employer submits to the State Controller all information necessary for the State Controller to make the calculation.
Nev. Rev. Stat. § 354.598817 — NV Code / Title 31 / Chapter 354 / Section 354.598817
Limitations on fees applicable to public utilities: “Public utility” defined
Status: in_force

1. “ Public utility ” includes a person or local government that: (a) Provides electric energy or gas, regardless of whether the person or local government is subject to regulation by the Public Utilities Commission of Nevada, except that the term “public utility” does not include a person who is subject to the provisions of NRS 590.465 to 590.645 , inclusive; (b) Is a telecommunication carrier as that term is defined in 47 U.S.C. § 153 on July 16, 1997, if the person or local government holds a certificate of public convenience and necessity issued by the Public Utilities Commission of Nevada and derives intrastate revenue from the provision of telecommunication service to retail customers; or (c) Sells or resells personal wireless services.

2. The term does not include a video service provider, as defined in NRS 711.151 .
Nev. Rev. Stat. § 353.010 — NV Code / Title 31 / Chapter 353 / Section 353.010
Members
Status: in_force

The State Board of Examiners shall consist of the Governor, the Secretary of State and the Attorney General.
Nev. Rev. Stat. § 354.59888 — NV Code / Title 31 / Chapter 354 / Section 354.59888
Limitations on fees applicable to public utilities: Procedure for resolving alleged errors concerning billing of customers of public utility that sells or resells personal wireless services for certain fees or designation of place of primary use
Status: in_force

1. If a customer of a public utility that sells or resells personal wireless services believes that the amount of a fee imposed pursuant to NRS 354.59881 to 354.59889 , inclusive, or the designation of a place of primary use is incorrect, the customer may notify the public utility in writing of the alleged error. The notice must include: (a) The street address for the place of primary use of the customer; (b) The account number and name shown on the billing statement of the account for which the customer alleges the error; (c) A description of the alleged error; and (d) Any other information which the public utility may reasonably require to investigate the alleged error.

2. Within 60 days after receiving a notice sent pursuant to subsection 1, the public utility shall review the records which the public utility uses to determine the place of primary use of its customers.

3. If the review indicates: (a) That the alleged error exists, the public utility shall correct the error and refund or credit the customer for the amount which was erroneously collected for the applicable period, not to exceed the 24 months immediately preceding the date on which the customer notified the public utility of the alleged error. (b) That no error exists, the public utility shall provide a written explanation to the customer who alleged the error.

4. A customer may not bring a cause of action against a public utility that sells or resells personal wireless services for fees incorrectly imposed pursuant to NRS 354.59881 to 354.59889 , inclusive, unless the customer first complies with this section.
Nev. Rev. Stat. § 354.616 — NV Code / Title 31 / Chapter 354 / Section 354.616
Adjustment of expenses and revenues
Status: in_force

1. A local governing body may provide for the adjustment of expenses as defined by NRS 354.470 to 354.626 , inclusive. Receipts from adjustment of expenses shall be credited to the governmental function to which the reimbursed expense was originally charged.

2. A local governing body may provide for the adjustment of revenues as defined by NRS 354.470 to 354.626 , inclusive. Disbursements for adjustment of revenues shall be charged to the revenue account to which the refunded revenue was originally credited.
Nev. Rev. Stat. § 353.2731 — NV Code / Title 31 / Chapter 353 / Section 353.2731
“Local government” defined
Status: in_force

“ Local government ” has the meaning ascribed to it in NRS 354.474 . The term includes, without limitation, a tribal government that has entered into an agreement pursuant to NRS 353.2739 .
Nev. Rev. Stat. § 353.555 — NV Code / Title 31 / Chapter 353 / Section 353.555
Approval of Legislature or Interim Finance Committee required for certain changes in scope of agreement
Status: in_force

1. Before the State of Nevada or a state agency causes or allows a change in the scope of an agreement, the change must be approved by: (a) The Legislature, by concurrent resolution, when the Legislature is in regular or special session; or (b) The Interim Finance Committee, by resolution, while the Legislature is not in regular or special session.

2. As used in this section, “ change in the scope of an agreement ” means that, as compared to when the agreement was originally entered into or previously changed, whichever is the more recent: (a) The square footage of the property that is the subject of the agreement will be increased or decreased by 10 percent or more; (b) Ten percent or more of the square footage of the property that is the subject of the agreement will be allocated to a different intended use; or (c) The number of users of the property that is the subject of the agreement will be increased or decreased by 10 percent or more.
Nev. Rev. Stat. § 353C.128 — NV Code / Title 31 / Chapter 353C / Section 353C.128
Agency authorized to refuse to conduct transaction with, and State Controller authorized to refuse to draw warrant in favor of, certain debtors until payment of prior debts or debtor enters into agreement for payment of debts
Status: in_force

1. Except as otherwise provided in this section, an agency may refuse to conduct a transaction with, and the State Controller may refuse to draw his or her warrant in favor of, a person who owes a debt to an agency until the debt is paid or the debtor enters into an agreement, pursuant to NRS 353C.130 , for the payment of the debt on an installment basis.

2. An agency may not refuse to conduct a transaction with, and the State Controller may not refuse to draw his or her warrant in favor of, a debtor if: (a) The refusal violates or is prohibited by a state or federal law or court order; (b) The refusal violates a term or condition of a grant, contract or other agreement that the agency administers or to which the agency is a party; or (c) The State Controller determines that the refusal is inequitable.
Nev. Rev. Stat. § 353.271 — NV Code / Title 31 / Chapter 353 / Section 353.271
“Disaster” defined
Status: in_force

“ Disaster ” means a fire, flood, earthquake, drought, explosion, civil disturbance, crisis involving violence on school property, at a school activity or on a school bus, or any other occurrence or threatened occurrence that, regardless of cause:

1. Results in, or may result in, widespread or severe damage to property or injury to or the death of persons in this State; and

2. As determined by: (a) The Governor; or (b) The governing body of a local government pursuant to NRS 414.090 or an agreement entered into pursuant to NRS 353.2739 and the Division pursuant to NRS 353.2753 ,

requires immediate action to protect the health, safety and welfare of the residents of this State.
Nev. Rev. Stat. § 353C.177 — NV Code / Title 31 / Chapter 353C / Section 353C.177
Withholding of income: Unlawful for employer to use withholding as basis for refusing to hire, discharging or taking disciplinary action against employee; liability; penalty
Status: in_force

1. It is unlawful for an employer to use the withholding of income to collect an obligation to pay money to the State Controller as a basis for refusing to hire a potential employee, discharging an employee or taking disciplinary action against an employee. Any employer who violates this section shall hire or reinstate any such employee with no loss of pay or benefits, is liable for any amounts not withheld and must be fined $1,000. If an employee prevails in an action based on this section, the employer is liable, in an amount not less than $2,500, for payment of the employee's costs and attorney's fees incurred in that action.

2. If an employer wrongfully refuses to withhold income as required pursuant to NRS 353C.171 to 353C.179 , inclusive, or knowingly misrepresents the income of an employee, the employer shall pay the amount the employer refused to withhold to the State Controller and may be ordered to pay punitive damages to the State Controller in an amount not to exceed $1,000 for each pay period the employer failed to withhold income as required or knowingly misrepresented the income of the employee.
Nev. Rev. Stat. § 353B.340 — NV Code / Title 31 / Chapter 353B / Section 353B.340
Creation; sources; limitations on use of money
Status: in_force

1. The Nevada College Savings Trust Fund is hereby created.

2. The Trust Fund is an instrumentality of this state, and its property and income are exempt from all taxation by this state and any political subdivision thereof.

3. The Trust Fund consists of: (a) All money deposited in accordance with savings trust agreements; (b) All money received as a matching contribution made as described in NRS 363A.137 or 363B.117 ; and (c) All earnings on the money in the Trust Fund.

4. Money in the Trust Fund: (a) Is not the property of this state, and this state has no claim to or interest in such money; and (b) Must not be commingled with money of this state.

5. A savings trust agreement or any other contract entered into by or on behalf of the Trust Fund does not constitute a debt or obligation of this state, and no account owner is entitled to any money in the Trust Fund except for that money on deposit in or accrued to his or her account.

6. The money in the Trust Fund must be preserved, invested and expended solely pursuant to and for the purposes authorized by NRS 353B.300 to 353B.370 , inclusive, and must not be loaned or otherwise transferred or used by this state for any other purpose.
Nev. Rev. Stat. § 357.160 — NV Code / Title 31 / Chapter 357 / Section 357.160
Court-imposed limitation upon participation of private plaintiff in action
Status: in_force

Upon a showing by the Attorney General or a designee of the Attorney General pursuant to NRS 357.070 that unrestricted participation by a private plaintiff would interfere with or unduly delay the conduct of an action, or would be repetitious, irrelevant or solely for harassment, the court may limit the participation of the private plaintiff by, among other measures, limiting:

1. The number of witnesses he or she may call;

2. The length of the testimony of the witnesses; or

3. His or her cross-examination of witnesses.
Nev. Rev. Stat. § 354.601 — NV Code / Title 31 / Chapter 354 / Section 354.601
Construction of capital improvement without funding for operation and maintenance included in approved budget prohibited
Status: in_force

A local government shall not begin the construction of a capital improvement unless the funding for the operation and maintenance of the improvement during the current fiscal year, including personnel, is included in an approved budget.
Nev. Rev. Stat. § 354.59803 — NV Code / Title 31 / Chapter 354 / Section 354.59803
Reporting of expenditures of local government for lobbying activities: Requirements; filing with Department of Taxation; availability for inspection
Status: in_force

1. In each year in which the Legislature convenes, a local government which expends more than $6,000 on activities designed to influence the passage or defeat of any legislation shall file with the Department of Taxation within 30 days after the close of the legislative session a report supplemental to its final budget which includes separate items for expenses relating to that activity, including, without limitation: (a) Transportation. (b) The amount of money spent on: (1) The lodging and meals of its officers, lobbyists and employees; (2) The salary or wages paid to its officers and employees; and (3) Compensation paid to any lobbyists, to the extent that such information does not duplicate the information required pursuant to subparagraphs (1) and (2). (c) The amount of money spent on entertainment, gifts or other expenses which are required to be reported pursuant to chapter 218H of NRS . (d) The amount of money spent in Carson City on supplies, equipment and facilities and other personnel and services needed to support the activity. (e) An identification of the fund, account or other source against which the expenses were charged.

2. The local government shall make a copy of the supplemental report available for inspection within 30 days after the close of the legislative session.
Nev. Rev. Stat. § 353C.1955 — NV Code / Title 31 / Chapter 353C / Section 353C.1955
Date for accrual of interest; rate of interest
Status: in_force

If an agency assigns a debt to the State Controller for collection pursuant to NRS 353C.195 and the debt is subject to the payment of interest pursuant to a specific statute or regulation, interest must accrue on the debt at the rate most recently established pursuant to NRS 99.040 beginning on the date of the assignment of the debt to the State Controller, notwithstanding any other rate of interest set forth in the specific statute or regulation.
Nev. Rev. Stat. § 355.260 — NV Code / Title 31 / Chapter 355 / Section 355.260
“Private equity funding” defined
Status: in_force

“ Private equity funding ” means an investment in or a purchase of securities in operating businesses that are not publicly traded on a stock exchange.
Nev. Rev. Stat. § 353.3085 — NV Code / Title 31 / Chapter 353 / Section 353.3085
“Lapse” defined
Status: in_force

“Lapse” as applied to an appropriation means the automatic termination of such appropriation within a fund.
Nev. Rev. Stat. § 353.2745 — NV Code / Title 31 / Chapter 353 / Section 353.2745
Authorized grants to local governments
Status: in_force

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

1. The payment of not more than 50 percent of the 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 emergency measures undertaken to save lives, protect public health and safety or protect public property, including, without limitation, an emergency measure undertaken in response to a crisis involving violence on school property, at a school activity or on a school bus, in the jurisdiction in which the disaster occurred; (c) The removal of debris from publicly or privately owned land and waterways undertaken because of the disaster; and (d) Any project to prevent or reduce the likelihood of damage to property or injury to persons resulting from a similar disaster 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.
Nev. Rev. Stat. § 353.3463 — NV Code / Title 31 / Chapter 353 / Section 353.3463
Temporary advance from State General Fund for authorized expenses of Division of State Parks of State Department of Conservation and Natural Resources
Status: in_force

1. If the Administrator of the Division of State Parks of the State Department of Conservation and Natural Resources determines that current claims exceed the amount of money available because revenue from fees or assessments has not been collected or because of a delay in other expected receipts, he or she 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 his or her 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. (b) Is limited to 25 percent of the revenue 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 pursuant to subsection 3 must be repaid by August 31 following the end of the immediately preceding fiscal year.
Nev. Rev. Stat. § 353.094 — NV Code / Title 31 / Chapter 353 / Section 353.094
Counties' Trial Assistance Account: Claims by counties
Status: in_force

Claims may be made against the Counties' Trial Assistance Account in the State General Fund by the board of county commissioners of any county as other claims against the State are made for jury fees, witness fees and necessary subsistence expenses attendant to any criminal trial for a capital offense where:

1. It is not established that the crime was actually committed in the county where the indictment was found or the information filed;

2. The victim or victims of the crime were not residents of the county where the indictment was found or the information filed; and

3. The trial is conducted in a county other than the county in which the indictment was found or the information filed.
Nev. Rev. Stat. § 354.492 — NV Code / Title 31 / Chapter 354 / Section 354.492
“Budget” defined
Status: in_force

“Budget” means a plan of financial operation embodying an estimate of proposed expenditures and expenses for a given period and the proposed means of financing them.
Nev. Rev. Stat. § 353.323 — NV Code / Title 31 / Chapter 353 / Section 353.323
State General Fund created; use of categories of funds and account groups
Status: in_force

1. Governmental funds must be used as a means of accounting for segregations of financial resources by focusing upon a determination of financial position and changes in financial position rather than upon a determination of net income.

2. The State General Fund is hereby created and must be used to receive all revenues and account for all expenditures not otherwise provided by law to be accounted for in any other fund.

3. Governmental funds include: (a) The State General Fund. (b) Special revenue funds, which must be used to account for revenues from specific sources, other than expendable trusts and revenues for major capital projects, that are legally restricted to expenditures for specified purposes and not provided for by law in any other fund. (c) A fund for construction of capital projects, which must be used to account for financial resources to be used for the acquisition or construction of major capital facilities, other than those financed by proprietary funds or trust funds. (d) Debt service funds, which must be used to account for the accumulation of resources and the use of those resources for the retirement of any general long-term debt.

4. Proprietary funds must be used to account for the state's ongoing organizations and activities that are similar to those found in nongovernmental entities by focusing upon a determination of net income, financial position and changes in financial position. Proprietary funds include: (a) Internal service funds, which must be used to account for and finance the self-supporting activities of a service characteristically utilized by departments of State Government or other governments, on a cost-reimbursement basis. (b) Enterprise funds, which must be used to account for operations that are financed and conducted in a manner similar to the operations of a private business: (1) When the intent of the governing body is to have the expenses, including depreciation, of providing goods or services on a continuing basis to the general public, financed or recovered primarily through charges to the users; or (2) For which the Legislature has decided that a periodic determination of revenues earned, expenses incurred and net income is consistent with public policy and is appropriate for maintenance of capital assets, control of organizational and financial management, accountability or similar purposes.

5. Fiduciary funds must be used to account for assets held by the State in trust or as an agent of any person, governmental agency, political subdivision or other fund. Each trust fund must be classified for accounting purposes as a governmental fund or a proprietary fund.

6. Account groups must be used to account for and control the State's general fixed assets and general long-term debts, and include: (a) The general long-term debt account group, which must be used to account for the principal and interest on all unmatured general obligation bonds and long-term liabilities not required to be accounted for in a specific fund; and (b) The general fixed assets account group, which must be used to account for all fixed assets except those accounted for in proprietary funds or trust funds.
Nev. Rev. Stat. § 353D.390 — NV Code / Title 31 / Chapter 353D / Section 353D.390
Immunity of State and its officers and employees; credit and taxing power of State not pledged
Status: in_force

<Section effective July 1, 2025. >

1. The State and any employee or officer thereof, the Board and any member of the Board or employee thereof and the Program: (a) Have no responsibility for compliance by persons 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; (b) Have no duty, responsibility or liability to any party for the payment of any benefits through the Program, regardless of whether sufficient money is available through the Program to pay such benefits; (c) Do not and shall not guarantee any interest rate or other rate of return on or investment performance of any contribution or account balance; and (d) Are not and shall not be liable or responsible for any loss, deficiency, 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. The debts, contracts and obligations of the Board, Program or Trust are not the debts, contracts and obligations of the State, and neither the faith and credit nor the taxing power of the State is pledged directly or indirectly to the payment of the debts, contracts and obligations of the Board, Program or Trust.
Nev. Rev. Stat. § 353C.020 — NV Code / Title 31 / Chapter 353C / Section 353C.020
“Agency” defined
Status: in_force

“Agency” means an agency, bureau, board, commission, department or division of the Executive Department of State Government.
Nev. Rev. Stat. § 353C.050 — NV Code / Title 31 / Chapter 353C / Section 353C.050
“Fee” defined
Status: in_force

“Fee” means a charge fixed by law for services or for the use of a privilege within the control of an agency or the State of Nevada.
Nev. Rev. Stat. § 353.545 — NV Code / Title 31 / Chapter 353 / Section 353.545
Legislative findings and declaration
Status: in_force

The Legislature hereby finds and declares that:

1. The authority provided by other specific statutes for the government of this State and the political subdivisions of this State to use lease-purchase and installment-purchase agreements provides an important and valuable option for these governmental entities and, when this authority is used properly, provides great benefit to the residents of this State.

2. The statutory provisions governing the use of lease-purchase and installment-purchase agreements should be interpreted to allow the process of entering into and carrying out these agreements to be as streamlined and efficient as possible.

3. The government of this State and the political subdivisions of this State should not use lease-purchase and installment-purchase agreements to: (a) Engage in or allow bid-shopping; or (b) Avoid or circumvent any requirement regarding the payment of prevailing wages for public works.

4. When using lease-purchase and installment-purchase agreements, the government of this State and the political subdivisions of this State should provide for the preferential hiring of Nevada residents to the extent otherwise required by law.

5. If a lease-purchase or installment-purchase agreement involves the construction, alteration, repair or remodeling of an improvement: (a) The person or entity that executes one or more contracts or agreements for the actual construction, alteration, repair or remodeling of the improvement shall include in such a contract or agreement the contractual provisions and stipulations that are required to be included in a contract for a public work pursuant to the provisions of NRS 338.013 to 338.090 , inclusive. (b) The government of this State or a political subdivision of this State, the contractor who is awarded the contract or entered into the agreement to perform the construction, alteration, repair or remodeling of the improvement and any subcontractor on the project shall comply with the provisions of NRS 338.013 to 338.090 , inclusive, in the same manner as if the government of this State or a political subdivision of this State had undertaken the project or had awarded the contract.
Nev. Rev. Stat. § 353B.070 — NV Code / Title 31 / Chapter 353B / Section 353B.070
“Trust Fund” defined
Status: in_force

“ Trust Fund ” means the Nevada Higher Education Prepaid Tuition Trust Fund created pursuant to NRS 353B.140 .
Nev. Rev. Stat. § 353.3025 — NV Code / Title 31 / Chapter 353 / Section 353.3025
“Encumbrance” defined
Status: reserved

“Encumbrance” means an obligation in the form of a purchase order, contract or salary commitment for which an estimated amount has been reserved and ceases to be an encumbrance when the actual liability is created.
Nev. Rev. Stat. § 353.293 — NV Code / Title 31 / Chapter 353 / Section 353.293
Purpose of law; reservation of power to create funds and accounts
Status: in_force

1. It is the purpose of the State Accounting Procedures Law to set forth legislative policy governing the State's financial procedures which relate to accounting and reporting, and to establish a system of accounting for the State that: (a) Presents fairly and with full disclosure the financial position and the results of financial operations of the funds and account groups of the State in conformity with generally accepted accounting principles; and (b) Determines and demonstrates compliance with legal and contractual requirements related to finance.

2. The Legislature reserves the sole right to establish funds and account groups not provided for by the Nevada Constitution.
Nev. Rev. Stat. § 356.040 — NV Code / Title 31 / Chapter 356 / Section 356.040
Depository to furnish statements of account and evidence of checks
Status: in_force

At the close of business at the end of each month and at any other time, upon demand of the State Treasurer, every depository bank, credit union, savings and loan association or savings bank shall:

1. Furnish the State Treasurer with a statement of the account, verified or certified by an officer of the depository, upon a form to be fixed by the State Treasurer.

2. Return to the State Treasurer: (a) All paid checks; (b) Microfilmed copies of such checks; or (c) Any other evidence of such checks which may be transmitted by a computer and is approved by the State Treasurer.
Nev. Rev. Stat. § 357.130 — NV Code / Title 31 / Chapter 357 / Section 357.130
Effect of declination of Attorney General or designee to intervene in action by private plaintiff; authority for and effect of election by Attorney General or designee to intervene subsequently in such action
Status: in_force

1. If the Attorney General or a designee of the Attorney General pursuant to NRS 357.070 elects not to intervene in an action pursuant to NRS 357.080 , the private plaintiff has the same rights in conducting the action as the Attorney General or the Attorney General's designee would have had. A copy of each pleading or other paper filed in the action, and a copy of the transcript of each deposition taken, must be mailed to the Attorney General or the Attorney General's designee if the Attorney General or the Attorney General's designee so requests and pays the cost thereof.

2. For good cause shown, the Attorney General or the Attorney General's designee may intervene in an action in which he or she has previously declined to intervene, if the interest of the State or a political subdivision in recovery of the money or property involved is not being adequately represented by the private plaintiff.

3. If the Attorney General or the Attorney General's designee so intervenes, the private plaintiff retains primary responsibility for conducting the action and any recovery must be apportioned as if the Attorney General or the Attorney General's designee had not intervened.
Nev. Rev. Stat. § 354.150 — NV Code / Title 31 / Chapter 354 / Section 354.150
Transfer of balance of dormant fund
Status: in_force

1. Subject to the provisions of subsection 2, a board of county commissioners may order the transfer of any balance which is dormant in any fund to the county general fund whenever the money remaining in the fund is no longer required for the purpose for which the fund was established.

2. When the dormant fund accrued from taxes levied upon the taxpayers of a fire protection district, road district, cemetery district, unincorporated town, or other type of special assessment or taxing district, the fund may be transferred only to the general fund thereof and not to the county general fund.
Nev. Rev. Stat. § 357.110 — NV Code / Title 31 / Chapter 357 / Section 357.110
Attorney General or designee may elect to intervene in action by private plaintiff; motion to extend time for election
Status: in_force

1. Within 60 days after receiving a complaint and disclosure, the Attorney General or a designee of the Attorney General pursuant to NRS 357.070 may intervene and proceed with the action or, for good cause shown, move the court to extend the time for his or her election whether to proceed. The motion may be supported by affidavits or other submissions in chambers.

2. If the Attorney General or the Attorney General's designee elects not to intervene, the private plaintiff may proceed with the action.

3. If the Attorney General or the Attorney General's designee elects to intervene, the Attorney General or the Attorney General's designee may file his or her own complaint or amend the complaint of the private plaintiff who brought the action pursuant to NRS 357.080 . For the purposes of the statute of limitations set forth in NRS 357.170 , any such pleading relates back to the filing date of the complaint of the private plaintiff, to the extent that any claim made by the Attorney General or the Attorney General's designee arises out of the conduct, transactions or occurrences set forth or attempted to be set forth in the prior complaint of the private plaintiff.
Nev. Rev. Stat. § 357.210 — NV Code / Title 31 / Chapter 357 / Section 357.210
Distribution to private plaintiff in certain actions; court authorized to reduce recovery in certain circumstances
Status: in_force

1. Except as otherwise provided in subsection 3, if the Attorney General or a designee of the Attorney General pursuant to NRS 357.070 intervenes at the outset in an action pursuant to NRS 357.080 , the private plaintiff is entitled to receive not less than 15 percent or more than 25 percent of any recovery, according to the extent of his or her contribution to the conduct of the action.

2. Except as otherwise provided in subsection 3, if the Attorney General or the Attorney General's designee does not intervene in the action at the outset, the private plaintiff is entitled to receive not less than 25 percent or more than 30 percent of any recovery, as the court determines to be reasonable.

3. Regardless of whether the Attorney General or the Attorney General's designee intervenes in the action, if the court finds that the action was brought by a private plaintiff who planned or initiated the violation of NRS 357.040 upon which the action is based, the court may reduce the recovery to which the private plaintiff is otherwise entitled pursuant to subsection 1 or 2. The court shall consider the role of the private plaintiff in advancing the action and any other relevant circumstances. If the private plaintiff is convicted of criminal conduct arising from his or her role in the violation of NRS 357.040 , the private plaintiff must be dismissed from the civil action and must not receive any share of the recovery pursuant to subsection 1 or 2. Any such dismissal does not prejudice the right of the Attorney General or the Attorney General's designee to continue the action.
Nev. Rev. Stat. § 353.235 — NV Code / Title 31 / Chapter 353 / Section 353.235
Appropriation and authorization by Legislature
Status: in_force

1. Every appropriation in addition to that provided for in the proposed budget must be embodied in a separate bill and must be limited to some single work, object or purpose stated in the bill.

2. A supplementary appropriation is not valid if it exceeds the amount in the State Treasury available for the appropriation, unless the Legislature making the appropriation provides the necessary revenue to pay the appropriation by a tax, direct or indirect, to be laid and collected as directed by the Legislature. The tax must not exceed the rates permitted under the Constitution of the State of Nevada. This provision does not apply to appropriations to suppress insurrections, defend the State, or assist in defending the United States in time of war.

3. An appropriation of money must not be made or a level of salary or other expenditure established which is contingent upon the attainment, during the biennium in which the money is to be expended or the salary or level of expenditure is to be effective, of a specified balance in the State General Fund.

4. The revenues and other resources of any fund are subject to legislative authorization or appropriation and legislative review for each fiscal period except where that procedure conflicts with the Constitution or an express provision of statute.
Nev. Rev. Stat. § 353B.030 — NV Code / Title 31 / Chapter 353B / Section 353B.030
“Prepaid tuition contract” defined
Status: in_force

“Prepaid tuition contract” means the contract created pursuant to NRS 353B.100 .
Nev. Rev. Stat. § 356.087 — NV Code / Title 31 / Chapter 356 / Section 356.087
Interest to be deposited in State General Fund; exceptions
Status: in_force

1. Except as provided in subsections 2, 3 and 4 or in a specific statute, all interest paid on money belonging to this State must be deposited in the State General Fund.

2. Interest earned and received on any gift or bequest to an agency of the State must be credited to the agency unless the gift or bequest provides otherwise. An agency, when depositing a gift or bequest, shall notify the State Treasurer whether it is a gift or bequest which entitles the agency to the interest earned.

3. For each fund or account which by specific statute is credited with the interest earned on money deposited in it, the State Treasurer shall determine the proportionate share of interest and income earned by it and credit that amount to it.

4. The State Treasurer shall pay the interest due to any contractor pursuant to NRS 338.515 .