1.  At the commencement of each regular session, the Board shall submit a report of income and disbursements from the Legislators’ Retirement Fund for the preceding biennium to the Director, who shall deliver a copy of the report to each Legislator.

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Terms Used In Nevada Revised Statutes 218C.190

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization

2.  The report must estimate the amount of an appropriation, if any, required for the payment of benefits in the succeeding biennium.