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83rd Session bill

AB507

AN ACT relating to state financial administration; revising provisions relating to the procedure for the revision of the budget of the Executive Department of the State Government; and providing other matters properly relating thereto. Close title AN ACT relating to state financial administration; revising provisions relating to the procedure for the revision of the budget of the Executive Department of the State Government; and providing other matters properly relating thereto.

Introduction Date

Monday, March 24, 2025

Primary Sponsor

Assembly Committee on Ways and Means

Public exhibits

0

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Auditor findings

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recusal 0 · QPQ 0

Bill digest

AN ACT relating to state financial administration; revising provisions relating to the procedure for the revision of the

The State Budget Act sets forth the process for the preparation and submission of the proposed biennial budget for the Executive Department of the State Government. (NRS 353.150-353.246) Under the State Budget Act, the head of any department, institution or agency of the Executive Department, with certain exceptions, is authorized, as a result of changed conditions, to request a revision to a work program within its budget. Such a revision is required to be approved or disapproved by the Governor or the Chief of the Budget Division of the Office of Finance in the Office of the Governor. In addition, the department, institution or agency is required under the State Budget Act to obtain approval from the Interim Finance Committee, except in certain limited circumstances, before revising a work program in an amount more than $75,000 if the cumulative impact of the revision will increase or decrease by 20 percent or $350,000, whichever is less, the expenditure level approved by the Legislature for any of the allotments within the work program. (NRS 353.220) This bill: (1) clarifies that the $75,000 threshold applies to any proposed revision to one or more of the categories of expense within the work program; and (2) prohibits the dividing of a proposed revision of a work program into separate requests to avoid the requirement of approval by the Interim Finance Committee. Therefore, with certain exceptions, for a request for the revision of a work program to require approval by th

Public testimony

NELIS exhibits (0 on file)

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