AB 301
Revises provisions relating to community development. (BDR 25-1047)
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- Passed Assembly
- Passed Senate
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Bill overview
This bill makes changes to how community development is managed in Nevada. It simplifies record-keeping for general improvement districts by eliminating the requirement to keep board minutes in a bound book, while still requiring the secretary to maintain records of budgets and other essential information. The bill also increases compensation for board members of certain districts with specific powers, requires annual reporting from districts acquiring television facilities, and adjusts rules for applying for and transferring affordable housing tax credits. It further aims to reduce the administrative burden on smaller districts by exempting them from certain reporting requirements under the Local Government Budget and Finance Act.
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