SB 28
Revises provisions relating to municipalities. (BDR 22-411)
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Sign in to take action- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Bill overview
This bill amends Nevada law to expand the types of projects that can be funded through municipal tax increment areas. Specifically, it adds affordable housing projects, fixed guideway projects, high-capacity transit projects, multi-family housing projects, transit-oriented developments, and transportation projects to the list of eligible undertakings. The bill also establishes requirements for locating these projects within tax increment areas, often near public transportation, and mandates that governing bodies demonstrate the area’s suitability for the chosen project through an exhibit with the ordinance.
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Primary sponsor
Senate Committee on Government Affairs
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