Nevada Senate approves $9.84 million to restore statutory contingency reserve

The Nevada Senate on Friday passed Senate Bill 453, appropriating $9,835,522 from the state General Fund to restore the balance of the reserve for the statutory contingency account established pursuant to NRS 353.264.

Senator Wynne summarized the bill on the floor as an appropriation to restore the contingency reserve; the measure was declared passed after a roll-call vote of 21 yeas and 0 nays. The bill was ordered sent to the Assembly.

Senate Bill 453 was introduced by the Senate Committee on Finance and described on the floor as effective upon passage and approval. The Senate’s secretary opened and closed the roll for the vote; no individual member vote names were recorded in the transcript other than the tally of 21 yes, 0 no. The floor statement confirming the appropriation amount and statutory citation referenced NRS 353.264.

Earlier in the day the Senate’s second-reading calendar moved several Assembly bills to the general file: AB306, AB523 and AB530 were each read and formally ordered to the general file with no amendments reported. Those bills were not voted on at final passage during this session and were marked "ordered to the general file." The transcript did not record bill summaries beyond the introductory language for those measures.

SB453 now moves to the Assembly for consideration; because the bill is effective "upon passage and approval," it will take effect after the Legislature completes its processes and the governor acts, consistent with the statutory language recorded on the floor.

Clarifying details from the Senate floor: the appropriation amount recorded was $9,835,522; the contingency account is identified in the floor discussion with the NRS citation (NRS 353.264). No amendments or secondary motions affecting SB453 were recorded in the session transcript.