Assemblymember Danielle Monroe Moreno presented Assembly Bill 347, proposing to increase from $200,000 to $500,000 the threshold at which executive branch agencies must obtain Interim Finance Committee (IFC) approval before accepting gifts or grants from non‑governmental sources that would result in new expenditure authority. The change would allow agencies to accept larger private gifts or grants without returning to IFC for approval, while any gift or grant exceeding $500,000 for an executive budget account would still require IFC approval.

Supporters of raising the threshold have argued it modernizes administrative flexibility and reduces procedural bottlenecks for agencies that receive philanthropic or private support. At the hearing, the sponsor characterized the bill as a modernization to reflect current practices.

The Nevada Policy Research Institute testified in opposition, arguing the proposed change—more than doubling the threshold—would reduce transparency and public oversight and raise ethical concerns about private influence on public policy. The institute’s witness said that allowing agencies to accept larger private contributions without IFC review "would decrease transparency of public oversight onto government agency operations and expenditures" and could make policy more susceptible to donors’ priorities.

No other organized support or opposition testimony was recorded in the hearing excerpt. The sponsor waived closing remarks and the committee did not take a recorded vote during the meeting.