Nevada legislation · 83rd Legislature (2025)
Nevada AB301: Revises provisions relating to community development. (BDR 25-1047)
Status: Chaptered, June 11, 2025
What the bill says
An act relating to community development; requiring certain records to be maintained by the board of trustees of certain general improvement districts; increasing the compensation of the board of trustees of certain general improvement districts; requiring a general improvement district created for acquiring television maintenance facilities to report certain information annually to the board of county commissioners of the county in which the district is located; exempting certain general improvement districts from an annual publication of certain notices of budget adoption and filing…
From the enrolled text, June 3, 2025:
AN ACT relating to community development; requiring certain records to be maintained by the board of trustees of certain general improvement districts; increasing the compensation of the board of trustees of certain general improvement districts; requiring a general improvement district created for acquiring television maintenance facilities to report certain information annually to the board of county commissioners of the county in which the district is located; exempting certain general improvement districts from an annual publication of certain notices of budget adoption and filing; revising provisions governing the procedure for applying for transferable tax credits for affordable housing and the transfer of such tax credits; and providing other matters properly relating thereto. Legislative Counsel's Digest: Existing law authorizes, under certain circumstances, the creation of a general improvement district to provide certain governmental services and facilities to the residents of the district. (NRS 318.116) Existing law requires the secretary of the board of a district to keep in a well-bound book a record of all of the board's proceedings, minutes of all meetings, any certificates, contracts, bonds given by employees and all corporate acts. (NRS 318.085) Section 1 of this bill eliminates the requirement to keep this information in a well-bound book but still requires the secretary to keep such information. Section 1 requires the secretary to also keep a record of …