Note from the Lobbying Team
More than ever, we are living from one deadline to the next. Bills that are not exempt have to pass out of the second house by the end of today, Friday, May 26. Bills that are exempt must pass out of committee by next Wednesday, May 31. May 31 is also the day we expect to see the budget bills introduced.
We are counting down the days to sine die.
Cancellation of Contract by Electronic Transmission
SB255, the bill that would allow a purchaser to cancel a contract electronically after reviewing the resale package, passed out of the Assembly unanimously with an amendment that would allow an HOA to deliver a copy of a change to the governing documents in the manner generally required under other provisions of law rather than specifically be hand delivered or send via U.S. mail.
The Senate concurred with the Assembly amendment, and the bill is now on the Governor's desk for signature.
Flat Recording Fee
AB169 would change the recording fee schedule to a set fee of $25 regardless of how many pages are being recorded. Currently, the cost for recording documents is $10 for the first page and $1 for each additional page. This bill would also increase the technology fee from $3 to $5.
The Assembly concurred with the Senate amendment, and the measure is now with the Governor for signature.
Notarization of Rental Agreements
AB161 would require a disclosure at the top of rental agreements if the agreement is not signed by a property manager permitted under NRS 645. It would also create a rebuttable presumption that the tenant does not have lawful occupancy unless the rental agreement is notarized or signed by a property manager permitted under NRS 645 and includes the current address and phone number of the landlord or authorized agent.
This measure passed out of the Senate unanimously with the amendment. The Assembly must now vote to concur or not concur with the Senate amendment.
Foreclosure Mediation Program
SB490 would make the Foreclosure Mediation Program permanent and move 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.
This bill is exempt from the deadlines, and passed out of the Senate unanimously on May 25. It now proceeds to the Assembly for a committee hearing.
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 (35)
||Second House Passage
In this issue:
2017 Major Investors
Investment completed as of May 25, 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)
Cathi Colvin (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