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Nevada · 83rd (2025) Session

Revises provisions relating to taxation.

AN ACT relating to taxation; providing for the issuance of transferable tax credits and the partial abatement of certain taxes for certain projects of single-family residences; exempting such residences from the taxes on real property and transfers of such residences from the taxes on transfers of real property in certain circumstances; prohibiting the sale of such residences to certain corporate investors; and providing other matters properly relating thereto.

SB 430·Senate·Bill
Bill Draft RequestBDR 32-693
Fiscal noteState YesLocal May have Fiscal Impact
Primary sponsor
Senate Committee on Revenue and Economic DevelopmentCommittee sponsor
Legislative history
Mar 24, 2025
Read first time. Referred to Committee on Revenue and Economic Development. To printer.Senate Journal
Mar 26, 2025
From printer. To committee.
Apr 10, 2025
Notice of eligibility for exemption.Senate Journal
Apr 12, 2025
(Pursuant to Joint Standing Rule No. 14.3.1, no further action allowed.)
Bill text
As Introduced
Fiscal notes
Department of Education — on As IntroducedLocal Government — on As IntroducedDepartment of Taxation — on As Introduced
Where it stands
In committee — the Senate
On the floor — the Senate
In committee — the Assembly
On the floor — the Assembly
Resolving differences
With the Governor
Became law
Path for a Senate bill