AB 587
Requires the transfer of certain money from the Account to Stabilize the Operation of the State Government to the State General Fund. (BDR S-1240)
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Sign in to take action- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill requires Nevada to transfer a specific amount of money from the state’s ‘Rainy Day Fund,’ also known as the Account to Stabilize the Operation of the State Government, to the State General Fund over two fiscal years. The transfer amounts are $288,742,305 in Fiscal Year 2025-2026 and $61,813,016 in Fiscal Year 2026-2027. These funds are intended for general use by the state government. This action reduces the balance held in the Rainy Day Fund.
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Primary sponsor
Assembly Committee on Ways and Means
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