Bill
AB 2
Rebates from state procurement cards would be split 50/50: half to the Rainy Day Fund and half to the purchasing agency, usable but not to replace funding.
Status (procedural): As introduced Sept. 27, 2024 (Committee on Government Affairs). Bill activity was later suspended; per the legislative history the bill was marked “Pursuant to Joint Standing Rule No. 14.3.1, no further action allowed” (4/12/2025), meaning it did not advance further in the 2025 session.
Purpose and intent
- To establish how the State of Nevada must dispose of rebates received for purchases made with procurement cards (agency charge cards), directing a portion to the State’s Rainy Day Fund and a portion to the agency that generated the rebate. The measure seeks to capture a share of card rebate revenue for the Account to Stabilize the Operation of State Government while also giving agencies incentive to manage procurement card use.
Key provisions
- New section added to NRS Chapter 333 (state purchasing):
- Applicability: Any rebate the State receives for a purchase made with a procurement card, except where another law or contract restriction prohibits the disposition of those funds.
- Distribution (after deducting administrative costs):
- 50% deposited to the Account to Stabilize the Operation of State Government (the “Rainy Day Fund,” NRS 353.288).
- 50% given to the using agency that made the purchase.
- Restrictions on use:
- Money deposited to the Rainy Day Fund may not be used to replace or supplant funding from other sources.
- Money received by a using agency likewise may not replace or supplant other funding and may be used at the discretion of the agency head.
- Definition: “Procurement card” = charge card issued to a using agency or authorized representative for purchases under the state purchasing chapter.
- Effective date (as drafted): July 1, 2025.
Who would be affected
- State executive-branch using agencies that make purchases with procurement cards and that generate card-rebate revenue.
- The State General Fund via increased deposits to the Rainy Day Fund.
- Third-party card vendors/processors (administrative/contract implications), and potentially budgeting/finance offices handling rebate flows.
Fiscal and implementation notes
- The fiscal note in the draft indicates the bill would affect the State (no local impact specified), but the introduced text does not include specific revenue estimates. Net fiscal impact depends on aggregate procurement-card rebate volumes and administrative costs.
- Implementation would require state accounting and treasury adjustments to route rebates and report distributions; agencies would need policy guidance on allowable uses.
Procedural/timeline aspects
- Introduced and referred to committee in late 2024/early 2025. Multiple hearings were set or postponed; the bill was ultimately not advanced further in the session (no further action allowed as of 4/12/2025).
- If revived or reintroduced in a future session, the July 1, 2025 effective date in the original draft would need reconfirmation.
Compiled from official sources — confirm details with the bill’s official record.
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