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AB 8

Revises provisions relating to state financial administration. (BDR 31-378)

2025 Regular Session

AB 8 lets the Division of State Parks deposit $10,000+ receipts within 10 working days, aligning with Wildlife, while preserving weekly rules and penalties.

Approved by the Governor. Chapter 61.
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Bill Summary · AB 8

AB 8 — Revises provisions relating to state financial administration (BDR 31‑378)

Status: Approved by the Governor (2025). Chapter: 61.
Introduced: December 2, 2024. Sponsor: Committee on Government Affairs (on behalf of the Legislative Committee for the Review and Oversight of the Tahoe Regional Planning Agency and the Marlette Lake Water System).

Purpose / Intent

To modify Nevada’s public‑money deposit schedule in statute (NRS 353.250) by adding an operational exception for the Division of State Parks so that certain accumulated receipts may be deposited within 10 working days, rather than by the next working day. The change aligns the Division of State Parks’ deposit timing with an existing exception for the Department of Wildlife and addresses practical issues tied to remote collections and similar operational constraints.

Key provisions

  • Amends NRS 353.250 (state deposit requirements):
    • Maintains the baseline rule that state officers, departments, and commissions must deposit public money weekly (on or before Thursday) into financial institutions designated by the State Treasurer.
    • Retains the general rule that if accumulated money for deposit is $10,000 or more on any day, it must be deposited no later than the next working day — with the following exceptions:
    • Existing exception preserved: Department of Wildlife may deposit amounts of $10,000 or more within 10 working days.
    • New exception added: Division of State Parks (Department of Conservation and Natural Resources) may likewise deposit amounts of $10,000 or more within 10 working days.
    • Preserves the special shorter timelines governing child support deposits by the Division of Welfare and Supportive Services (2 working days, or 5 working days to identify obligees).
    • Keeps the misdemeanor penalty for an officer, head of a department, or commissioner who fails to comply with the deposit requirements.
  • Defines “financial institution” consistent with existing statutory language.

Who is affected

  • Primary: Division of State Parks (State Department of Conservation and Natural Resources) — gains statutory authorization to delay deposit of daily accumulations of $10,000+ up to 10 working days.
  • Secondary: State Treasurer’s Office (continuing role in designating deposit institutions), other state departments (no change to their existing requirements), and auditors/financial controllers who monitor compliance.
  • Public/cash‑flow: Potentially minor, temporary delay in deposit timing for funds collected by State Parks; otherwise no substantive change to statewide cash management structure.

Fiscal and procedural notes

  • Legislative committee analysis indicated: No anticipated fiscal effect on the state or local governments.
  • Effective date: the act becomes effective upon passage and approval (i.e., became law in 2025 as chaptered).
  • Enforcement: failure to comply remains a misdemeanor in office under NRS 353.250.

Practical effect

AB 8 provides administrative flexibility for the Division of State Parks to manage deposit logistics (e.g., remote park collection points, seasonal operations) without requiring next‑day deposits for larger daily accumulations. It standardizes treatment with the Department of Wildlife while keeping safeguards and shorter timelines for critical collections (child support).

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

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