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Senate concurs in amendment permitting fiscal-year transfers and reverting unspent balances in unified tax system appropriation
Summary
The Senate concurred in an Assembly amendment to Senate Bill 477 allowing transfers between fiscal years for the unified tax system appropriation and providing that unspent balances revert to the general fund.
The Nevada Senate concurred in Assembly amendment 918 to Senate Bill 477, which provides appropriations for continued development and implementation of the unified tax system and allows certain transfers between fiscal years while reverting unspent balances to the general fund.
Senator Cannizzaro moved adoption of the concurrence and explained on the floor: “Amendment number 9 18 to senate bill 4 77 allows funds to be transferred between fiscal years and reverts unspent balances to the general fund.” The motion carried by voice vote and Senate Bill 477 was ordered and rolled; the Assembly was to be notified of the Senate’s action.
The floor record indicates the amendment modifies fiscal management of the appropriation by adding inter-year transfer authority and a reversion provision for unspent funds. No additional floor debate on programmatic changes or estimated fiscal amounts occurred during the recorded proceedings.
