(REPRINTED WITH ADOPTED AMENDMENTS) SECOND REPRINT
Assembly Bill No. 524-Committee on Ways and Means
May 22, 1997
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Referred to Committee on Ways and Means
SUMMARY--Requires development of criteria for certain business plans for use in future state budget processes. (BDR S-1756)
FISCAL NOTE: Effect on Local Government: No.
Effect on the State or on Industrial Insurance: Yes.
EXPLANATION - Matter in italics is new; matter in brackets [ ] is material to be omitted.
AN ACT relating to state financial administration; requiring the development of criteria for certain business plans for use in future state budget processes; and providing other matters properly relating thereto.
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
Section 1 1. Except as otherwise provided in subsection 5, the Department of Administration and the Fiscal Analysis Division of the Legislative Counsel Bureau, jointly, shall develop criteria for a business plan for use by state agencies seeking:
(a) An expansion of statutory authority;
(b) An authorized expenditure or appropriation for a new program; or
(c) An authorized expenditure or appropriation for a program that is proposed for enhancement by more than $1,000,000 or 50 percent of the amount approved by the Legislature for the program for the current biennium, whichever is less.
2. The criteria developed pursuant to subsection 1 must be submitted to the Interim Finance Committee for approval on or before February 1, 1998.
3. Upon approval of the criteria by the Interim Finance Committee, the criteria must be included by the Department of Administration as a requirement in the instructions to state agencies concerning the creation of the proposed budget for the 1999-2001 biennium.
4. Each business plan prepared in compliance with this section in relation to the proposed budget prepared for the 1999-2001 biennium must be submitted to the Legislature at the same time the proposed budget is transmitted to the Legislature in accordance with subsection 4 of NRS 353.230.
5. The provisions of this section do not require the development or approval of criteria for a business plan for use by a state agency for a project to construct a highway or any other public work.