AB348
AN ACT relating to the Legislature; revising provisions relating to the Interim Retirement and Benefits Committee of the Legislature; eliminating the duty of the Fiscal Analysis Division of the Legislative Counsel Bureau to perform certain budget stress testing; abolishing the Legislative Bureau of Educational Accountability and Program Evaluation within the Fiscal Analysis Division; and providing other matters properly relating thereto. Close title AN ACT relating to the Legislature; revising provisions relating to the Interim Retirement and Benefits Committee of the Legislature; eliminating the duty of the Fiscal Analysis Division of the Legislative Counsel Bureau to perform certain budget stress testing; abolishing the Legislative Bureau of Educational Accountability and Program Evaluation within the Fiscal Analysis Division; and providing other matters properly relating thereto.
Introduction Date
Monday, March 3, 2025
Primary Sponsor
Assembly Committee on Ways and Means
Public exhibits
2
Support 0 · Opp 0 · Neutral 1
Auditor findings
0
recusal 0 · QPQ 0
AN ACT relating to the Legislature; revising provisions relating to the Interim Retirement and Benefits Committee of the
Existing law creates the Interim Retirement and Benefits Committee of the Legislature to review the operation of and make recommendations regarding the Public Employees' Retirement System, Judicial Retirement System and Public Employees' Benefits Program. The Committee consists of three members of the Senate and three members of the Assembly. (NRS 218E.420) Section 1 of this bill: (1) provides for the terms of the members of the Committee, appointment of alternates and the filling of vacancies; and (2) terminates on the day next after the general election the membership of any member of the Committee who does not become a candidate for reelection or who is defeated for reelection. Existing law establishes the Legislators' Retirement System to provide benefits at retirement or death for Legislators who are members. (NRS 218C.100) The Public Employees' Retirement Board administers the Legislators' Retirement System. (NRS 218C.150) Section 1 requires the Interim Retirement and Benefits Committee to also review the operation of and make recommendations regarding the Legislators' Retirement System. Section 2 of this bill eliminates the requirements in existing law for the Fiscal Analysis Division of the Legislative Counsel Bureau to: (1) perform, to the extent of available resources, a budget stress test in each even-numbered year comparing the estimated future revenue to, and the estimated future expenditure from, the major funds in the State Treasury unde
NELIS exhibits (2 on file)
Neutral (1)
- H Pepper Sturm — Research Division (Work Session)
Bill text + amendments: view on NELIS →