SB 196 Nevada Senate · 2025 Regular Session

Authorizes a heavy equipment rental company to charge a recovery fee to offset taxes levied on certain heavy equipment. (BDR 32-19)

SB 196 allows heavy equipment rental companies operating in Nevada to charge a 2% recovery fee on rentals to offset property taxes on their equipment. The fee must be listed separately on invoices, held in a dedicated account, and used exclusively to cover the companies' property taxes. If the collected fees exceed the taxes owed, companies must pay the excess to county treasurers, who then distribute it to state and local governments as property taxes would be. This bill directly affects rental companies (not end-users) and requires annual reporting to the Department of Taxation, with penalties for false reporting.

Bill status signed all 5 stages cleared

Introduction

Feb 2025

Committee Review

May 2025

Senate Passage

Apr 2025

Assembly Passage

May 2025

Signed into Law

May 2025

Introduced Feb 10, 2025 Signed May 31, 2025

Maddy AI version diff · 2 comparisons

What changed between versions

Reprint 1 → As Enrolled · 3 edits · May 31, 2025

MINOR

The bill text was updated from a 'First Reprint' version to the final 'As Enrolled' version, incorporating amendments adopted on April 17, 2025. The primary substantive change is the deletion of the original Section 1, which likely contained the bill's title or introductory provisions, while the core operational sections defining the recovery fee and its administration remain intact.

Scope change

The scope of the bill remains focused on authorizing heavy equipment rental companies to charge a 2% recovery fee to offset property taxes, with no changes to the fee amount, eligibility criteria, or exemptions noted in the provided text.

TECHNICAL

The original Section 1, which appeared to contain the bill's title or introductory text, was deleted by amendment.

The document header was updated to reflect the final 'As Enrolled' status and the specific date of April 17, 2025, replacing the 'First Reprint' label.

New explanatory text was added at the beginning of the document to clarify that bolded italics indicate new material and bracketed text indicates omitted material, standardizing the legislative format.

Floor votes · Assembly May 23, 2025

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 31, 2025

Signed into law

Approved by the Governor. Chapter 180.

executive

May 23, 2025

Lower · Passed

Read third time. Passed. Title approved. (Yeas: 33, Nays: 9.) To Senate. In Senate. To enrollment.

lower

May 19, 2025

Lower · Passed

From committee: Do pass.

lower

Apr 18, 2025

Upper · Passed

From printer. To engrossment. Engrossed. First reprint. Read third time. Passed, as amended. Title approved. (Yeas: 19, Nays: 1, Absent: 1.) To Assembly.

upper

Apr 17, 2025

Upper · Passed

From committee: Amend, and do pass as amended. Placed on Second Reading File. Read second time. Amended. (Amend. No. 145.) To printer.

upper

Feb 11, 2025

Upper · Passed

From printer. To committee.

upper

1 primary · 0 co-sponsors