SB 420
Authorizes the creation of business improvement districts. (BDR 22-372)
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Sign in to take action- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Bill overview
This bill authorizes the creation of business improvement districts (BIDs) in Nevada counties, specifically allowing the board of county commissioners to establish them. It outlines requirements for a district management plan, including details on activities, assessments, and boundaries. The bill also addresses renewal procedures, owner’s association responsibilities, and financial oversight, including annual reporting and potential bond issuance. It applies to regions governed by interstate planning agencies, such as the Lake Tahoe Basin.
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Primary sponsor
Senate Committee on Natural Resources
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