Nevada legislation · 83rd Legislature (2025)
Nevada AB224: Provides for the issuance of bonds to assist certain school districts in financing capital improvements. (BDR S-688)
Status: Chaptered, June 9, 2025
What the bill says
An act relating to education; requiring the State Board of Finance to issue general obligation bonds to make grants to certain school districts to finance capital improvements; and providing other matters properly relating thereto. Legislative Counsel's Digest: Existing law creates the Fund to Assist School Districts in Financing Capital Improvements and requires the Director of the Office of Finance to administer the Fund…
From the enrolled text, June 2, 2025:
AN ACT relating to education; requiring the State Board of Finance to issue general obligation bonds to make grants to certain school districts to finance capital improvements; and providing other matters properly relating thereto. Legislative Counsel's Digest: Existing law creates the Fund to Assist School Districts in Financing Capital Improvements and requires the Director of the Office of Finance to administer the Fund. (NRS 387.333) Under existing law, the board of trustees of a school district is required to submit, with any application for a grant of money from the Fund, proof that the combined ad valorem tax rate of the county is at the limit imposed by law and that one of the following additional emergency conditions exists on the grounds of a school within the school district: (1) at least one building has been condemned; (2) at least one of the facilities is unsuitable for use due to certain conditions; or (3) one of the facilities is in such a condition that the costs of renovating the facility would exceed 40 percent of the cost of constructing a new facility. (NRS 387.3335) This bill requires the State Board of Finance to issue $100,000,000 in general obligation bonds for credit to the Fund to Assist School Districts in Financing Capital Improvements. This bill requires any proceeds of the bonds …
Sponsors
- Erica Mosca (D, 14) · primary sponsor
- Richard DeLong (R, 26)
- Reuben D'Silva (D, 28)
- Tanya Flanagan (D, 7)
- Bert Gurr (R, 33)
- Alexis Hansen (R, 32)
- Jovan Jackson (D, 6)
- Heidi Kasama (R, 2)
- Duy Nguyen (D, 8)
Latest actions
- : Approved by the Governor. Chapter 415.
- : Enrolled and delivered to Governor.
- : From committee: Do pass. Placed on General File. Read third time. Passed. Title approved. (Yeas: 21, Nays: None.) To Assembly. In Assembly. To enrollment.
- : To committee.
- : From committee: Do pass. Placed on Second Reading File. Read second time. Taken from General File. Re-referred to Committee on Finance.
- : In Senate. Read first time. Referred to Committee on Government Affairs. To committee.
- : From committee: Do pass, as amended. Placed on General File. Read third time. Passed, as amended. Title approved. (Yeas: 41, Nays: 1.) To Senate.
- : From printer. To engrossment. Engrossed. First reprint. To committee.
- : Read second time. Amended. (Amend. No. 126.) Taken from General File. Rereferred to Committee on Ways and Means. Exemption effective. To printer.
- : From committee: Amend, and do pass as amended.
Votes
- Senate (1st Reprint) (June 2, 2025): 21 yea, 0 nay, passed
- Assembly (1st Reprint) (May 28, 2025): 41 yea, 1 nay, passed
Common questions
- What is AB224?
- AB224 is a bill in the Nevada Legislature (83rd Legislature (2025)): Provides for the issuance of bonds to assist certain school districts in financing capital improvements. (BDR S-688).
- What does AB224 do?
- In its own words: An act relating to education; requiring the State Board of Finance to issue general obligation bonds to make grants to certain school districts to finance capital improvements; and providing other matters properly relating thereto. Legislative Counsel's Digest: Existing law creates the Fund to Assist School Districts in Financing Capital Improvements and requires the Director of the Office of Finance to administer the Fund…
- What is the status of AB224?
- Chaptered as of June 9, 2025. Latest action: Approved by the Governor. Chapter 415. (June 9, 2025).
- Who sponsored AB224?
- Erica Mosca (D, 14), with 8 co-sponsors.
- Where is the official record for AB224?
- On the Nevada Legislature website: https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/12226/Overview
Source: official Nevada record. Tracked by Delilah, AI for legislation across all 50 states and Congress.