Nevada legislation · 83rd Legislature (2025)
Nevada SB327: Revises provisions relating to contractors. (BDR 54-1025)
Status: Vetoed, June 3, 2025
What the bill says
An act relating to contractors; revising certain bond requirements for certain licensed contractors and certain applicants for a contractor's license; and providing other matters properly relating thereto. Legislative Counsel's Digest: Under existing law, an applicant for a contractor's license and a licensed contractor are required to obtain certain bonds in certain circumstances. Existing law requires such bonds to be provided by a person whose long-term debt obligations are rated "A" or better by a nationally recognized rating agency…
From the enrolled text, May 23, 2025:
AN ACT relating to contractors; revising certain bond requirements for certain licensed contractors and certain applicants for a contractor's license; and providing other matters properly relating thereto. Legislative Counsel's Digest: Under existing law, an applicant for a contractor's license and a licensed contractor are required to obtain certain bonds in certain circumstances. Existing law requires such bonds to be provided by a person whose long-term debt obligations are rated "A" or better by a nationally recognized rating agency. (NRS 624.270, 624.276) Sections 1 and 2 of this bill revise this requirement to require that such bonds must be provided by a person who is identified in certain publications issued by the United States Department of the Treasury as holding certain certificates. EXPLANATION - Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted. THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. NRS 624.270 is hereby amended to read as follows: 624.270 1. Before issuing a contractor's license to any applicant, the Board shall require that the applicant: (a) File with the Board a surety bond in a form acceptable to the Board executed by the contractor as principal with a corporation authorized to transact surety business in the State of Nevada as surety; or …
Sponsors
- Michelee Cruz-Crawford (D, 1) · primary sponsor
Latest actions
- : (No further action taken.)
- : Vetoed by the Governor. Returned to Senate with Governor's veto message.
- : Enrolled and delivered to Governor.
- : To enrollment.
- : Read third time. Passed. Title approved. (Yeas: 27, Nays: 15.) To Senate. In Senate.
- : Taken from General File. Placed on General File for next legislative day.
- : Read second time.
- : From committee: Do pass.
- : In Assembly. Read first time. Referred to Committee on Commerce and Labor. To committee.
- : Read third time. Passed. Title approved. (Yeas: 21, Nays: None.) To Assembly.
Votes
- Assembly (As Introduced) (May 22, 2025): 27 yea, 15 nay, passed
- Senate (As Introduced) (April 15, 2025): 21 yea, 0 nay, passed
Common questions
- What is SB327?
- SB327 is a bill in the Nevada Legislature (83rd Legislature (2025)): Revises provisions relating to contractors. (BDR 54-1025).
- What does SB327 do?
- In its own words: An act relating to contractors; revising certain bond requirements for certain licensed contractors and certain applicants for a contractor's license; and providing other matters properly relating thereto. Legislative Counsel's Digest: Under existing law, an applicant for a contractor's license and a licensed contractor are required to obtain certain bonds in certain circumstances. Existing law requires such bonds to be provided by a person whose long-term debt obligations are rated "A" or better by a nationally recognized rating agency…
- What is the status of SB327?
- Vetoed as of June 3, 2025. Latest action: (No further action taken.) (June 3, 2025).
- Who sponsored SB327?
- Michelee Cruz-Crawford (D, 1).
- Where is the official record for SB327?
- On the Nevada Legislature website: https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/12572/Overview
Source: official Nevada record. Tracked by Delilah, AI for legislation across all 50 states and Congress.