Note from the Lobbying Team
As we look at the 24 days left in this session, we realize there is still much work to be done. There are close to 300 bills exempt from the deadlines that are stuck in either Senate Finance or Assembly Ways and Means - that is A LOT.
Meanwhile, for the bills that are subject to the deadlines, both houses are working feverishly to pass bills out of committee by the May 19 deadline. There are some bills we are tracking that already passed that hurdle:
- SB255 would allow a purchaser to cancel a contract electronically after reviewing the resale package
- AB247 would extend the current provisions allowing victims of domestic violence to terminate their lease early to victims of harassment, sexual assault and stalking if those tenants present a police report or protection order to the landlord or property manager
- SB267 would extend provisions enacted in 2013 that allowed a process to expedite foreclosures on abandoned properties and allowed local governments to keep a registry of those properties deemed vacant
- SB33 would prevent a mortgage servicer or HOA from conducting a foreclosure if the borrower is a servicemember who is on active duty or deployment
- SJR14 would change the Constitution to reset the depreciation on a property when that property is sold or transferred
The next deadline will be May 26, when bills that aren't exempt must pass out of the second house.
What will the legislators do for the last 10 days of session, you ask? First and foremost, they will be putting the finishing touches on the budget - which means processing (or not) those exempt bills in Senate Finance and Assembly Ways and Means as well as the budget bills. They will also work on those bills that passed out of one house and were amended in the second house. In those cases, if the first house does not agree with the changes made in the second house, they will convene conference committees. Those committees are comprised of three legislators from each house, and they present a report to the Senate and Assembly that must be agreed to in order for the bill to pass and be sent to the Governor.
Notarization of Rental Agreements
AB161, intended to address the squatters issue, would require a rental agreement to include a disclosure at the top of the first page. The disclosure would have to:
- be in a font at least twice as large as any other font used in the rest of the agreement
- advise a tenant that lack of notarization creates a rebuttable presumption that the tenant does not have a right to lawful occupancy
- advise the tenant that lack of notarization does not render the agreement invalid, and that the landlord may enforce the agreement whether it is notarized or not.
AB161 passed out of the Assembly unanimously, and was heard in Senate Commerce, Labor and Energy on May 10. NVAR presented an amendment that would exempt a lease signed by someone licensed under NRS 645 from needing the disclosure. The sponsor of the bill did not consider it a friendly amendment, and there were several questions from the committee about this proposed exemption. NVAR continues to work with the bill sponsor and other interested parties to exempt real estate licensees from this provision.
Transferring the CIC Ombudsman to Attorney General's Office
SB114 would transfer the CIC Ombudsman operations from the Real Estate Division to the Attorney General's Office.
It was heard in Senate Finance on May 10. It went pretty much like it did earlier in Senate Judiciary, with some public support for the measure, and both the Real Estate Division and the Attorney General's Office in opposition. Because of the significant fiscal note attached to this bill, it has been exempted from the deadlines and legislators will have to consider this decision carefully and fund it accordingly should they decide to move forward with this change.
HOAs Authorized to Abate Water or Sewage Leaks in Units
SB239 would set additional circumstances under which an HOA can enter a unit located in a building that contains units divided by common walls, floors and ceilings in order to abate a water or sewage leak.
The bill passed out of the Senate unanimously, and was heard in Assembly Judiciary on May 12. NVAR supports this measure.
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 (256)
||First House Passage (16)
||Second House Committee Passage
||Second House Passage
In this issue:
2017 Major Investors
Investment completed as of May 10, 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+)
Kevin Sigstad (pledge)
Chantel Tilley (pledge)
Sterling R ($1,000+)
Lee Barrett (pledge)
Scott Beaudry (pledge)
Chris Bishop (pledge)
Edee Campbell (pledge)
Christina Cova-Simmons (pledge)
Shawn Cunningham (pledge)
Jessica James (pledge)
Keith Kelley (pledge)
Stephen Lincoln (pledge)
Karen Marsa (pledge)
Margie McIntyre (pledge)
Kendra Murray (pledge)
Bill Process (pledge)
Sandee Smith (pledge)
Marcella Syme (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