AB 75
Revises provisions governing grants made by the State. (BDR 31-433)
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- Passed Assembly
- Passed Senate
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Bill overview
This bill aims to standardize and improve the process of grant payments made by Nevada state agencies to nonprofit organizations. It establishes clear requirements for timely payments, including a 37-day deadline for processing and authorizing payments, and outlines interest penalties for late payments. The bill also defines what constitutes a ‘proper invoice’ and allows for the use of electronic media to expedite payment processing, while maintaining data integrity. It excludes certain grants, such as those for the Judicial and Legislative branches, higher education, and capital improvements, from these requirements.
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Primary sponsor
Assembly Committee on Government Affairs
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