Note from Your Lobbying Team
We will be burning the midnight oil in Carson City tonight - committees have been in work sessions most of the day, recessing every now and then before continuing their work once proposed amendments and documents become available. Yep: it's deadline day, and bills must pass out of committee in order to remain in play (unless they are exempt).
We are keeping track of bills of interest to you, and we will have a full report on those bills that didn't make tonight's deadline in next week's Advocate.
Foreclosure Mediation Program
As you may know, the Foreclosure Mediation Program is scheduled to sunset on June 30, 2017. SB490 would make the program permanent and would transfer it from the Supreme Court to the Housing Division within the Department of Business and Industry. It would also increase the fees from $400 to $600.
NVAR is monitoring this bill. It passed out of Senate Judiciary with an amendment on April 14.
Two years ago, the Legislature passed AB125, a bill that amended construction defects law significantly. SB462 seeks to roll back much of those changes. It would reinstate the automatic legal fee granted for the prevailing party and would change the statute of repose from 6 years to 8 years (it was 10 years prior to the 2015 session).
There was significant feedback from various industries at the April 11 hearing in Assembly Judiciary, both in support and in opposition of the bill. NVAR opposes this bill.
Escrow Savings Account for Housing Project Tenants
SB417 would require local housing authorities and the Nevada Rural Housing Authority to establish a program to create escrow accounts for tenants in housing projects in which tenants could deposit money that would not be considered income for the purpose of determining the tenants’ eligibility to remain a tenant in the housing project. The tenants would be authorized to access the money only to purchase a residence or establish a business.
NVAR is monitoring this bill. It was heard in Senate Government Affairs on April 12.
Flood Control Projects Needs Committee
AB375 would allow a flood management authority to establish a flood control project needs committee very similar to the public schools overcrowding and repair needs committee established in 2015 with SB411.
This committee would recommend the imposition of certain taxes for consideration by the voters at the 2018 General Election to fund flood management projects. The committee's recommendations would have to specify the rate of each recommended tax as well as the period for which the recommended tax would be imposed. It would then be up to the voters to vote for or against the recommendation. There would be a member of the Nevada Association of REALTORS® appointed to the committee.
NVAR supports this measure. It passed out of Assembly Taxation on April 13.
2017 SESSION BY THE NUMBERS
The 79th Session of the Nevada Legislature began on February 6, 2017, and will adjourn sine die on June 6, 2017.
|# of BDRs
|# of Senate Bills
|# of Assembly Bills
|Bills Tracked by NVAR
||Bill Introductions by Legislators (204)
||Bill Introductions by Committees (180)
||First House Committee Passage
||First House Passage
||Second House Committee Passage
||Second House Passage
In this issue:
2017 Major Investors
Investment completed as of April 13, 2017. Pledges listed for those who have invested at least $300 as of the above date.
Platinum R ($10,000+)
Golden R ($5,000+)
Crystal R ($2,500+)
Chantel Tilley (pledge)
Sterling R ($1,000+)
Forrest Barbee (pledge)
Lee Barrett (pledge)
Scott Beaudry (pledge)
Chris Bishop (pledge)
Edee Campbell (pledge)
Christina Cova-Simmons (pledge)
Keith Kelley (pledge)
Bill Process (pledge)
Sandee Smith (pledge)
Dave Tina, Jr.
Dave Tina Sr.
Cherie Williams (pledge)
Association Corporate Investors
NVAR - Platinum R
GLVAR - Platinum R
RSAR - Crystal R
SNAR - Crystal R
SNCCIM - Crystal R
ECAR - Sterling R
IVBOR - Sterling R
For more information, please contact:
Contact Government Affairs Directors