AB 507
Revises provisions relating to state financial administration. (BDR 31-933)
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Sign in to take action- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill modifies Nevada’s process for revising the budget of state agencies. It clarifies that a $75,000 threshold applies to any proposed revision to an agency’s budget, and prohibits agencies from splitting revisions into multiple smaller requests to avoid committee review. The bill requires revisions exceeding this threshold or impacting the budget by 20% or $350,000 to receive approval from the Interim Finance Committee, with exceptions for emergencies or expedited needs. These changes aim to provide greater transparency and control over state spending.
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Primary sponsor
Assembly Committee on Ways and Means
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