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SB 486

Relating to: various changes to the unemployment insurance and worker’s compensation laws. (FE)

2025-2026 Regular Session Introduced by Kristin Dassler-Alfheim and 6 co-sponsors

The bill provides one-time General Fund appropriations of $10,718,696 to the Nevada Promise Scholarship Account and $1,000 to the Pensions for Silicosis/Asbestos Disabilities Accou

Representative Sinicki added as a cosponsor
0
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Bill Summary · SB 486

Summary — SB 486 (Nevada)

Title: Makes appropriations to the Nevada Promise Scholarship Account and the Account for Pensions for Silicosis, Diseases Related to Asbestos and Other Disabilities (BDR S-1181)
Status: Enacted — Chapter 355 (2025)

Purpose / Intent

This Act provides two targeted appropriations from the State General Fund to support (1) the Nevada Promise Scholarship Account and (2) the Account for Pensions for Silicosis, Diseases Related to Asbestos and Other Disabilities. It ensures these accounts receive specified one‑time funding in Fiscal Year 2026 (effective July 1, 2025).

Key provisions

  • Appropriation of $10,718,696 from the State General Fund to the Nevada Promise Scholarship Account (created by NRS 396.9645).
  • Appropriation of $1,000 from the State General Fund to the Account for Pensions for Silicosis, Diseases Related to Asbestos and Other Disabilities (created by NRS 617.1675).
  • The Act becomes effective July 1, 2025.

Who is affected

  • Nevada Promise program and its eligible postsecondary students: the infusion of $10.72 million increases available funds for scholarships administered under the Nevada Promise Scholarship Account.
  • Beneficiaries of the pensions account for silicosis/asbestos and related disabilities: the $1,000 appropriation provides a nominal addition to that pension account.
  • State budget/treasury: the expenditures are charged to the State General Fund.

Fiscal and procedural notes

  • The appropriation to the Nevada Promise Scholarship Account is sizeable relative to the pension appropriation and was identified as an appropriation not included in the Executive Budget (per bill summary/fiscal note).
  • The bill was enacted and chaptered as Chapter 355, 2025; effective date July 1, 2025.
  • Procedural history (selected): introduced Feb 19, 2025; enrolled; transmitted to the Governor; approved and chaptered during 2025 (Chapter 355).

Impact summary

  • Direct one‑time state expenditure: $10,719,696 total from the State General Fund ($10,718,696 for scholarships; $1,000 for the pensions account).
  • No noted local government fiscal impact.
  • Operational impact: implementation is administrative — disbursement per the statutes governing each account.

Note: Multiple unrelated bills from other states also use the designation “SB 486” in the provided materials (Arkansas, Maryland, Indiana, Illinois, Michigan, etc.). This summary addresses the Nevada SB 486 appropriation enacted as Chapter 355 (2025).

Compiled from official sources — confirm details with the bill’s official record.

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