Nevada Assembly approves $200K for Secretary of State training and $10M for housing program

The Assembly Committee on Ways and Means has taken significant steps to enhance election training and support first-time homebuyers in Nevada. During the meeting on June 1, 2025, the committee approved an amendment to Senate Bill 74, allocating $200,000 to the Interim Finance Committee (IFC) contingency account. This funding is designated for the Secretary of State's staff training related to new election provisions, ensuring that they are well-prepared for upcoming electoral processes.

The committee's decision to include this funding aims to facilitate necessary training expenditures, allowing the Secretary of State to seek reimbursement from the IFC as needed. The motion to amend and pass the bill was unanimously supported by committee members, reflecting a strong commitment to improving election administration in the state.

In addition to election-related discussions, the committee also reviewed Senate Bill 193, which proposes a pilot program to assist first-time homebuyers. This initiative, presented by Senator Donate, aims to lower the interest rates on 30-year fixed-rate mortgage loans for eligible borrowers. To qualify, applicants must have a household income not exceeding 160 percent of the median income for their county and meet specific underwriting criteria.

The bill includes a general fund appropriation of $10 million for fiscal year 2026 to support the housing division in implementing this program. The housing division confirmed that no additional resources would be required for administration, indicating a streamlined approach to helping new homeowners.

These legislative actions reflect a proactive approach to addressing critical community needs, from enhancing electoral processes to making homeownership more accessible for Nevada residents. The committee's decisions are expected to have a positive impact on both election integrity and housing affordability in the state.