Nevada AB447: Provides for a partial abatement of the property taxes levied on certain residential rental dwellings. (BDR 32-1079)

What the bill says

An act relating to taxation; revising provisions governing partial abatements of property taxes levied on certain residential rental dwellings; providing for a partial abatement of the property taxes levied on certain residential dwellings if the owner of the dwelling does not impose certain fees or restrictions on companion animals; and providing other matters properly relating thereto…

From the introduced text, March 18, 2025:

AN ACT relating to taxation; revising provisions governing partial abatements of property taxes levied on certain residential rental dwellings; providing for a partial abatement of the property taxes levied on certain residential dwellings if the owner of the dwelling does not impose certain fees or restrictions on companion animals; and providing other matters properly relating thereto. Legislative Counsel's Digest: Existing law provides for a partial abatement of the property taxes levied on certain residential rental dwellings if the amount of rent collected from each of the tenants does not exceed the fair market rent for the county in which the dwelling is located. (NRS 361.4724) Section 2 of this bill additionally provides for a partial abatement of the property taxes levied on certain residential rental dwellings if the owner does not impose: (1) a nonrefundable fee or additional rent related to companion animals; (2) a limitation on the total number of companion animals with which a tenant may reside, other than a limit imposed by the jurisdiction where the property is located; or (3) breed or size restrictions on companion animals, except for a prohibition against a particular companion animal that has been declared to be dangerous or vicious. Section 2 limits the combined total amount of abatements that may be provided to owners of residential rental dwellings that do …

Read the full official text

Sponsors

• Melissa Hardy (R, 22) · primary sponsor
• Duy Nguyen (D, 8)

Latest actions

1. April 12, 2025: (Pursuant to Joint Standing Rule No. 14.3.1, no further action allowed.)
2. March 18, 2025: From printer. To committee.
3. March 17, 2025: Read first time. Referred to Committee on Revenue. To printer.

Common questions

What is AB447?

AB447 is a bill in the Nevada Legislature (83rd Legislature (2025)): Provides for a partial abatement of the property taxes levied on certain residential rental dwellings. (BDR 32-1079).

What does AB447 do?

In its own words: An act relating to taxation; revising provisions governing partial abatements of property taxes levied on certain residential rental dwellings; providing for a partial abatement of the property taxes levied on certain residential dwellings if the owner of the dwelling does not impose certain fees or restrictions on companion animals; and providing other matters properly relating thereto…

What is the status of AB447?

Introduced. Latest action: (Pursuant to Joint Standing Rule No. 14.3.1, no further action allowed.) (April 12, 2025).

Who sponsored AB447?

Melissa Hardy (R, 22), with 1 co-sponsor.

Where is the official record for AB447?

On the Nevada Legislature website: https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/12655/Overview